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September 25, 2008

Refinance Home Loans - FDIC May Need $150 Billion Bailout as Local Bank Failures Mount - Bloomberg

Filed under: Refinance Home Loans — Administrator @ 1:19 pm

FDIC May Need $150 Billion Bailout as Local Bank Failures Mount - Bloomberg
Sept. 25 (Bloomberg) — Deborah Horn tugs on the handle of the glass-paned entrance of the IndyMac Bancorp Inc. branch in Manhattan Beach, California. The door won’t budge. The weekend is approaching, and Horn, 44, the sole breadwinner in a family of

Existing home sales sink again - CNN Money
NEW YORK (CNNMoney.com) — Sales of existing homes fell in August, according to the latest reading on the battered housing market released Wednesday by an industry trade group. The National Association of Realtors reported that sales by homeowners

Newt Gingrich Blasts Proposed $700 Billion Bailout Plan - FOX News
GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES : Easy credit, combined with the faulty assumption that home values would continue to rise, led to excesses and bad decisions. Many mortgage lenders approved loans for borrowers without carefully

WTOP Answer Desk: Your questions on the economy - WTOP Radio
The nation’s financial crisis prompted the government to intervene with a relief package — a $700 billion package to buy up bad mortgage loans. The crisis sent ripples through the markets and raised lots of questions. WTOP has been touching base

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