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A collection of news and information related to Mortgages published by Tribune Company sources.
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Law official put on leave
Flagler County authorities say a sheriff's investigator has been placed on paid administrative leave while officials investigate a burglary complaint. Matt Koenig's private mortgage lender thinks the investigator burglarized his former home last week... -
Fed Plan – With Stimulus – Will Work
The most stunning graphic of the past few days shows the stock market's reaction to government attempts to rescue the financial system. Between Monday and Wednesday, the Federal Reserve unveiled five initiatives to unfreeze credit, and stocks slumped...Tags: Washington Post Company, Real Estate Buyers, Money and Monetary Policy, Credit Ratings, Newspapers
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Tia Dixon, 24, student, Chicago Ulisses Gutierrez, 41, sales, Chicago Maeve Doonan, 35, sales, Naperville Peter Polansky, 61, attorney, Highland Park Jessica Easterling, 54, unemployed, Chicago Justin Jose, 32, accountant, Addison Carol Lathrop, 70, retiree, Wheaton Milton Parodis, 37, engineer, N
What's your main personal worry about the economy? "I'm worried about the job market I'll be graduating into next year. I've made plans to study abroad just in case I can't find a job here." How bad is the economy, on a scale of 1 to 5 (with 5 as the...Tags: Family Vacations, Rentals, Wilmette, Downers Grove, Chicago Mortgages
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Federal Data Disproves Conservative Slams On Fannie Mae, Freddie Mac
McClatchy NewspapersAs the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail. Commentators say...Tags: Housing and Urban Planning, Fannie Mae, Freddie Mac, Homes, Election Day
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Bush switches gears on bailout
The New York TimesAs international leaders gathered on Saturday to grapple with the global financial crisis, the Bush administration embarked on an overhaul of its own strategy for rescuing the foundering financial system. Two weeks after persuading Congress to let it...Tags: U.S. Department of Treasury, Fannie Mae, Freddie Mac, Henry Paulson, Economic Policy
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Bank rescue plan to test capitalism
Los Angeles Times Staff WritersAre we witnessing the erosion of capitalism, or its salvation? That question is swirling around the federal government's latest proposed intervention in the private financial markets since Treasury Secretary Henry M. Paulson announced Friday a plan to...Tags: Angela Merkel, Securities, Freddie Mac, Henry Paulson, Business Institutions
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Analysts: GM would need cash to acquire Chrysler, and it may take too long to see cost savings
AP Auto WriterDETROIT (AP) _ For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts. With both automakers struggling to survive amid slumping...Tags: Regional Authority, Heavy Engineering, Bankruptcy, Ford Motor Co., Chrysler LLC
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Bush, allies put on joint front in effort to calm jittery investors in financial crisis
Associated Press WritersWASHINGTON (AP) _ President Bush and financial leaders from nations rich and poor pledged Saturday to intensify their efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy. While there were no...Tags: Angela Merkel, Stock Activities, Stock Market, Henry Paulson, Herbert Clark Hoover
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McCain mortgages
There are two John McCains running for president this year. One is the stalwart foe of excessive federal outlays, who favors a freeze on domestic discretionary spending and wants to go after congressional earmarks like a heat-seeking missile. In Tuesday's...Tags: George Bush, National Government, Homes, $700 Billion Bank Bailout, Government
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Collective greed has burdened future generations
We, my fellow Baby Boomers (the generation that could have it all), bequeath to future generations, all of the accumulated debt because we needed to have it all. We have created, promoted and encouraged a culture of ever-growing debt. Instead of trickle-...Tags: Chicago Mortgages
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The science of frozen liquidity
Chicago Tribune reporterAnyone who thinks irrational panic is all that's behind the financial crisis sweeping the globe hasn't had a conversation with David Glocke. As the manager of $138 billion in Vanguard Group money market funds, Glocke's behavior helps explain why the...Tags: Research, Mutual Funds, Federal Reserve, HSBC Holdings Plc, Wal-Mart Stores Inc.
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Tax cuts and banking behemoths
It's plain and simple to me that you don't understand the economics of tax cuts. ("Congress' brainless answer? Cut taxes," Consumer Confidential, Oct. 5) Tax cuts mean that people spend more. Spending more means the demand will increase again and we...Tags: National Government, Credit and Debt, Gardena, State Budgets, Government
Oct 12, 2008
|Story| South Florida Sun-Sentinel
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|Story| Hartford Courant
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|Story| Chicago Tribune
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|Story| Hartford Courant
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|Story| South Florida Sun-Sentinel
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|Story| Los Angeles Times
Oct 11, 2008
|Story| Associated Press
Oct 11, 2008
|Story| Associated Press
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|Story| Chicago Tribune
Oct 12, 2008
|Story| Chicago Tribune
Oct 12, 2008
|Story| Chicago Tribune
Oct 12, 2008
|Story| Los Angeles Times
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