WASHINGTON - Top lawmakers threw their support yesterday behind a proposal to use $24 billion in government funds to help struggling borrowers, as reports showed U.S. home prices sinking in four out of five cities and home builders reported their ...
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Three people have been arrested in the murder of James DiMartino, a Nesconset lawyer who was found fatally shot in a Commack parking lot last month, police said Monday. One of the suspects, Ronald Thornton, 37, is considered a business partner ...
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MOSCOW (AP) - Russia spent $57.5 billion from its foreign currency reserves in September and October to support the declining ruble during the financial crisis, the Central Bank chief revealed Wednesday. In addition to fluctuations in currency ...
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Treasury Secretary Henry Paulson speaks during a news conference at the Treasury Department in Washington, Nov. 12, 2008. (AP Photo/Susan Walsh) Treasury Secretary Henry Paulson concludes his news conference at the Treasury Department in Washington ...
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WASHINGTON (AP) - The head of the FDIC is pressing again for more aggressive government action to help millions of home borrowers avert foreclosure, saying federal money is needed to ensure economic recovery. Federal Deposit Insurance Corp. Chairman ...
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Dubai Islamic mortgage lender Amlak has suspended new loans, its chief executive said on Wednesday, as the global credit crunch hits the property sector in the Gulf's trading hub. "We are reviewing our existing credit policy to ensure optimum ...
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Mortgage rates are on the way down today, with two banks - Westpac and Kiwibank, cutting rates in anticipation of another Official Cash Rate cut. Kiwibank says it has today cut its variable home loan rate to 7.95 per cent - what is says is ...
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