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Option Arm loan program killed Washington Mutual (Everett Herald) Editor's note: This is the second installment of a two-part series on Washington Mutual. us.rd.yahoo.com
What the Rate Cut Means for Consumers (Smart Money) How the Fed's move will impact rates on mortgages, credit cards and money markets. us.rd.yahoo.com
Reverse Mortgages Continued Annual Growth in FY2008 but Just Barely (Senior Journal) Oct. 15, 2008 – Growth in the number of reverse mortgage loans being made to senior citizens may have slowed, temporarily, according to the National Reverse Mortgage Lenders Association, but the 2008 fiscal year ending September 30 closed the books on another record year of growth for this special loan. us.rd.yahoo.com
Upside-down on mortgage: Now what? (Lodi News-Sentinel) Q: My husband and I live in a house that I own on my own. I paid $500,000 for the house in 2005. I took out a 100 percent loan with a 5-year fixed-rate first mortgage for $400,000 and an adjustable $100,000 home equity line of credit as the second loan. us.rd.yahoo.com
KKR Tries to Avoid Masonite Filing as Owner, Creditor (Update1) (Bloomberg) KKR bought Masonite, a Canadian door-and fiberboard maker, for $1.9 billion in 2005. The New York-based private-equity firm also holds Masonite's bank loans, said three people involved in the talks. us.rd.yahoo.com
US economy in recession (Adelaide Now) THE United States has entered a recession, a senior representative of the Federal Reserve, the nation's central bank, said today. us.rd.yahoo.com
US to buy $US250 billion of bank shares (AAP via Yahoo!7 News) The US will buy up to $US250b worth of bank shares in a bid to end the financial crisis, amid warnings two key European economies were falling into recession. us.rd.yahoo.com
US to buy into bank shares (Sky News Australia) The US will buy up to $US250 billion worth of bank shares in a bid to end the financial crisis, amid warnings two key European economies were falling into recession. us.rd.yahoo.com
US slips into recession (Herald Sun) THE United States has officially entered a recession a Federal Reserve chief from the nation's central bank, said today. us.rd.yahoo.com
US to buy $US250 billion of bank shares (The West Australian) The United States will buy up to $US250 billion ($A360 billion) worth of bank shares in the latest bid to end the financial crisis, as forecasters warned two key European economies were falling into recession. us.rd.yahoo.com
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