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Fighting foreclosure: How one couple got caught in mortgage crisis (Everett Herald)
MARYSVILLE -- Terry and Lloyd Berger live in their dream house in Marysville. Members of their extended family live nearby. "I love Marysville," said Terry Berger, 52. "I'm from here. I don't want to move out of here."
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How To Cope With The Flood Of Foreclosures? (Forbes)
While Wharton profs agree this is the central question of the financial crisis, the answers are still cloudy.
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Who were the original $1-a-year men? (The Globe and Mail)
And, how the NBER decided the U.S. is in recession
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FORECLOSURE: for 22 months, Nevadans have faced worst of national crisis (Reno Gazette-Journal)
Shelly Griese hates to move.
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The Fairness Issue: How to Cope with the Flood of Foreclosures (Knowledge at Wharton)
Is the cavalry coming to rescue troubled homeowners? Despite soaring foreclosure rates, President Bush and other Republicans have not made this a top priority. But this could soon change: President-elect Barak Obama and fellow Democrats say reducing foreclosures is crucial to attacking the financial crisis. As one expert notes:Â "The financial sector weaknesses all originate in the housing ...
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It's bad idea to use credit card to pay mortgage (Erie Times-News)
Dear Debt Adviser, I have a mortgage of $213,000 on a home valued at $276,000. My credit score is 713.
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Plans change as some owners get upside down on loans (Austin American-Statesman)
Think of them as the walking wounded: The homeowners who are upside down on their mortgages, owing much more than their home is now worth. But they're still on their feet and still sending their payments each month.
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FHA-Backed Loans: The New Subprime (BusinessWeek Online via Yahoo! News)
As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them the very sorts of firms that helped create the current financial crisis -- are going strong. Their new strategy: taking advantage of a long-standing federal program designed to encourage homeownership by insuring mortgages for buyers of modest means.
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Real Estate Live (Washington Post)
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi.
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International Forecaster November 2008 (#7) - Gold, Silver, Economy + More (GoldSeek.com)
The following are some snippets from the most recent issue of the International Forecaster. For the full 31 page issue, please see subscription information below.
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