WASHINGTON (AP) -- Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures. They expect other lenders to follow. The lawmakers said yesterday they aim to ...
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HOUSTON -- Chevron ( CVX Quote - Cramer on CVX - Stock Picks ) said the huge drop in crude prices at the end of 2008 will be a big blow to its fourth-quarter earnings, a sharp reversal from the favorable market conditions that fueled record profits ...
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WASHINGTON -- President-elect Barack Obama again pressed Congress on Friday for quick action on an economic recovery package, a day after Senate Democrats raised a number of objections to emerging details of the plan. Pointing to a new jobs report ...
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NEW YORK, Jan 9 (Reuters) - It's so 2005. Even as the rest of the U.S. job market plumbs new depths, hiring by mortgage lenders is surging now that home loan rates have hit multi-decade lows. Employers have ruthlessly slashed jobs and unemployment is ...
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IRVINE, Calif. , Jan. 9 /PRNewswire-FirstCall/ -- Impac Mortgage Holdings, Inc. (Pink Sheets: IMPH), or the "Company," a Maryland corporation, being taxed as a real estate investment trust ("REIT"), announces that its previously reported 1-for-10 ...
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Average rates on long-term mortgages have fallen to their lowest level since at least 1971, when Freddie Mac started keeping track. Freddie Mac (NYSE:FRE) says the average 30-year, fixed-rate mortgage fell to 5.01 percent this week, the 10th ...
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NEW YORK, NEW YORK -- 01/09/09 -- The Board of Directors of Helios Strategic Mortgage Income Fund, Inc. (the "Fund") (NYSE: HSM), formerly known as The Hyperion Brookfield Strategic Mortgage Income Fund, Inc., declared a monthly dividend of $0.0725 ...
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