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Avoiding your own mortgage collapse (The News Journal)
It used to be that homeowners struggling to meet their mortgage payments had two options -- refinance or sell the house. Foreclosures happened mainly to those who lost a job or suffered a medical misfortune.
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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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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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Hamish McRae: If the recession won't be that bad, why will we go so far into the red? (Independent)
So what will happen to the economy during the next couple of years? If the recession is shallow and short, then we might just about scramble through. But if not, then we will be in a huge mess, having to tighten policy while we're still in recession.
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Student debt levels portend rising loan default rates (The Indianapolis Star)
Not long ago, Dan Brown and his roommate headed from San Francisco to Las Vegas. They were aiming to win big so they could pay off their student loans.
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Getting A Bachelor's In Borrowing (New London Day)
Last month, Dan Brown and his roommate headed from San Francisco to Las Vegas. They were aiming to win big so they could pay off
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A Bachelor's in Borrowing (WallStreet Journal via Yahoo! Finance)
As Americans battle to keep up with credit cards and mortgages, another type of debt is starting to overtake people: student loans.
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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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FHA-backed loans: the next subprime crisis? (MSNBC)
The same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more.
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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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