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Daily Mail
Housing ministers blunder reveals 10% slump   - 83 Minutes ago
House prices will fall by up to 10 per cent at best in the next year, according to a private government assessment laid bare by a ministers blunder. Caroline Flint, the Housing Minister, told the Cabinet
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FBI cites escalating mortgage fraud problem   - 75 Minutes ago
(Reuters) - Mortgage fraud is an escalating problem in the United States, the FBI said on Tuesday in a report that cited the subprime lending crisis as a key contributing factor. The FBI said it received
  
    



No-money-down mortgages still around   - 7 Hours ago
You probably thought nothing-down mortgage loans disappeared in the wake of the American subprime lending crisis, which has ensnarled much of the world in a credit crunch.They didn't. Even more surprising,
  
    


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Jumbo mortgage rates becoming affordable   - 70 Minutes ago
Late last week, many lenders slashed their rates by about one-half of a percentage point on jumbo-conforming loans - mortgages between $417,000 and $729,750 that can be guaranteed by Fannie Mae and Freddie
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State Employees' Credit Union Hosts Scam Jam event to Help Members Combat ID Theft   - 6 Hours ago
State Employees' Credit Union (SECU) recently partnered with the NC Attorney General's Office, NC Division of Aging and Adult Services, NC Adult Protective Services, NC Retired Governmental Employees'
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Southwest Airlines borrows $600 million   - 3 Hours ago
DALLAS Southwest Airlines Co. said Monday it borrowed $600 million from Citibank and seven European banks to bolster its cash position in the face of economic uncertainty and soaring fuel prices. The
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New York Mortgage Trust to Present at the Seventh Annual JMP Securities Research   - 3 Hours ago
NEW YORK, May 13 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (the 'Company' or 'NYMT') (OTC Bulletin Board: NMTR), a self-advised real estate investment trust (REIT) engaged in the investment
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UPDATE 1-Fannie Mae adds capital with $2 bln preferred stock   - 61 Minutes ago
(Reuters) - Fannie Mae (FNM.N: Quote, Profile, Research), the largest provider of financing for U.S. residential mortgages, on Tuesday said it sold $2 billion in preferred stock to bolster its capital