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2nd UPDATE:HUD Retools HOPE US Foreclosure Prevention Program (Nasdaq)
WASHINGTON -(Dow Jones)- In an attempt to encourage lenders to cut deals with financially strapped homeowners, the U.S. Department of Housing and Urban Development has unveiled a new version of its Hope for Homeowners program.
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Courtney criticizes Rell's mortgage plan (The Norwich Bulletin)
At issue is the fact much of the money is slated to go to Connecticut’s seven largest cities. None are in Eastern Connecticut. Courtney said he wants Rell’s plan revised so Eastern Connecticut will receive more than the $2.1 million the governor is promising.
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2ND UPDATE: Paulson, Bair Clash Over Aid To Troubled Homeowners (Nasdaq)
WASHINGTON (Dow Jones) - A simmering closed-door debate between top government officials over the priorities of the government's financial market rescue package spilled out into public on Tuesday.
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2nd UPDATE: SEC To Require Summary Mutual Fund Prospectuses (Nasdaq)
(Adds comment, notes the effective date for the change, and clarifies that funds have a choice of providing information through a mix of print and Internet delivery.)
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Mortgage rates fall for 2nd week in row (The Record)
WASHINGTON — Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.14 percent this week, down from 6.20 percent last week.
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Public Notices (Columbia Star)
NOTICE OF PUBLIC SALE The following vehicles(s) or other property are subject to towing, repair and/or storage liens, are declared to be abandoned pursuant to Section 56- 5-5810, 56-5-5636 and 29-15- 10 SC Law as Amended,
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Guns and Obama's impact: The T-U would like to hear from you (The Florida Times-Union)
Among gun enthusiasts there is a growing concern that the election of Barack Obama as president means new regulations on gun ownership. Associated Press figures from the FBI show that nationwide people are buying guns in increasing numbers, perhaps in anticipation of changes in gun laws. For an upcoming ...
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Boise Inc. to cut 300 jobs at St. Helens paper mill (The Daily News)
Boise Inc. announced Monday it will slash about 300 jobs by permanently halting pulp production and curtailing papermaking at its St. Helens, Ore., pulp and paper mill by February.
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G20 leaders open critical financial summit - 2nd Update (EARTHtimes.org)
Washington - The world's 20 top economies launched on Saturday an historic summit aimed at stabilizing the world financial system and halting a global economic slide. Greeting world leaders of the Group of 20 (G20) to the Washington summit, US Presid...
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Loan plan for Big 3 introduced in Senate (Louisville Courier-Journal)
General Motors Corp., Ford Motor Co. and Chrysler LLC are facing cash shortages that threaten the economies of Kentucky and other states where they have plants. And some analysts warn that a bankruptcy in the industry would deepen what already appears to be a national recession.
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