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News about Mortgages:

Record 9% of homeowners with mortgages are struggling - San Gabriel Valley Tribune
WASHINGTON - The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. The Mortgage Bankers ...

U.S. jobless rate tops 6% for first time in five years - Baltimore Sun
WASHINGTON - The nation's unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years - and it's likely to go even higher in the months ahead, possibly throwing the economy into a tailspin ...

Unemployment climbs to 5-year high of 6.1 percent - Forbes
The nation's unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years - and it's likely to go even higher in the months ahead, possibly throwing the economy into a tailspin as Americans ...

Unemployment climbs past 6 percent for 1st time in 5 years, raising ... - Baltimore Sun
WASHINGTON (AP) _ The nation's unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years — and it's likely to go even higher in the months ahead, possibly throwing the economy into a ...

Chamber’s goal: promote town, area - Hammonton Gazette
HAMMONTON—The Greater Hammonton Chamber of Commerce is a non-profit entity designed to advance the civic, commercial, cultural, economic, professional, agricultural, and industrial interests of the people of the town of Hammonton and the greater ...

Fannie Diving After Hours - CNBC
Fannie and Freddie shares are soaring on new the Treasury is close to finalizing a backstop plan, with Bill Gross, PIMCO and CNBC's Trish Re... Insight on why the market looks brighter post-Gustav and how to put your cash to work in the right sectors ...

Three insurance bosses are banned - BBC News
The Financial Services Authority (FSA) banned three directors of BPS Insure after the trio failed to inform the FSA of a £3m client account deficit. The city regulator said Robert James, Stuart Lawton and Paul Adams used client money at the start of ...

McCain Woos the Undecided - MSN MoneyCentral
Well, it didn't have quite as many fireworks as Senator Barack Obama's performance in Denver last week -- either the real kind or the rhetorical kind. And it lacked the dramatic tension of the national debut of Republican Vice-Presidential nominee ...

Canadians support government's handling of economy: Flaherty - Globe and Mail
David Hogg from Victoria, Canada writes: Mr. Flaherty and his cabinet colleagues are economic heroes and legends in their own tiny little minds. The biggest difference in the US economy and ours is reflected in the mortgage market and housing market ...

Jobless rate hits 5-year high - Gainesville Sun
WASHINGTON — The nation’s unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years — and it’s likely to go even higher in the months ahead, possibly throwing the economy into a ...

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