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Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

3 hrs ago | Business Journal

Trulia for sale? Zillow acquisition would make national powerhouse

Trulia was launched in 2004 by CEO Pete Flint and Sami Inkinen, a couple of Stanford graduate school students from Europe, and together they built it into a publicly traded, online real estate information juggernaut that is today is growing strongly after surviving the national mortgage meltdown of the last decade.

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Related Topix: Trulia, Startups, Zillow, Home, Mortgage

7 hrs ago | Cybercast News Service

House votes to limit tax credit for immigrants

The House passed a bill Friday that would gradually increase the popular child tax credit and make it available to more families with higher incomes.

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Related Topix: Immigration Reform, US Politics, US News, Barack Obama, Social Security, Dave Camp, Republican, US House of Representatives, Tax

9 hrs ago | The Modesto Bee

Former FBI employee, wife admit to bank fraud

The U.S attorney's office says 61-year-old Charles Espinel and his wife, 58-year-old Jeannette Espinel, entered their pleas Thursday in San Francisco.

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Related Topix: San Francisco County, CA, San Francisco, CA, Home, Mortgage, San Mateo County, CA, Daly City, CA

14 hrs ago | News Observer

Money market fund assets fell $2.18 billion

Total U.S. money market mutual fund assets fell $2.18 billion to $2.56 trillion for the week that ended Wednesday, according to the Investment Company Institute.

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Related Topix: Mutual Funds, Westborough, MA

Thu Jul 24, 2014

Northern Michigan News

Correction: Housing-Clinging to Low Rates story

In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a rental index compiled by real estate data provider Zillow had risen 19 percent in the past year.

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Related Topix: Home, Mortgage, Zillow, Home Listing, Housing, Real Estate

WLWT-TV Cincinnati

Judge OKs settlement ends Ohio workers comp case

The Ohio Bureau of Workers Compensation will pay out $420 million to state employers that were overcharged for insurance premiums under a settlement approved Thursday by a judge.

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Related Topix: Small Business

KION 46

Citi inks $7 billion mortgage settlement

Citigroup agreed to pay $7 billion to settle charges that it packaged bad mortgages during the run-up to the financial crisis.

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Related Topix: Home, Mortgage

Myrtle Beach Online

Morgan Stanley paying $275M to settle SEC charges

The Securities and Exchange Commission announced the settlement Thursday with the Wall Street bank.

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Related Topix: Stanley, Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage, Financial Markets, Business News

Sunherald.com

US new-home sales plummet in June

New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department said Thursday.

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Related Topix: Housing, Mortgage, Home Buying

Bellingham Herald

Average US 30-year mortgage rate at 4.13 pct.

Mortgage company Freddie Mac says the nationwide average for a 30-year loan was 4.13 percent, unchanged from last week.

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Related Topix: Mortgage, Home

The Modesto Bee

Pacino, Dafoe set for Venice Film Festival

Organizers on Thursday announced a 20-strong competition lineup that includes Ramin Bahrani's subprime mortgage drama "99 Homes," with Andrew Garfield and Laura Dern, and Andrew Niccol's "The Good Kill," starring Hawke as a dissatisfied drone operator.

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Related Topix: Home, Mortgage

Hallam FM

Deep Debt Warning Issued As Rate Rise Looms

The number of households creaking with crippling debts may double over the next four years, a think-tank has warned.

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Related Topix: Mortgage, Home

Contra Costa Times

Barnidge: Not every change in Lafayette is coming at a breakneck pace

Lafayette residents upset at how quickly new construction is changing their town can find solace in the snail's pace of the development formerly known as the Terraces of Lafayette.

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Related Topix: Lafayette, CA, Richmond (San Francisco, CA), Home, Mortgage, Richmond, CA

Wed Jul 23, 2014

Leighton Buzzard Online

Homeless charity Shelter's helpline needs more volunteers

Housing and homelessness charity Shelter has launched an appeal calling for urgent support of its advice helpline, as the number of calls taken from people struggling to pay for their homes in the South East soars by over 69% in the last two years.

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Related Topix: Mortgage, Home

Ledger-Enquirer.com

SEC considering action against S&P over ratings

S&P's parent McGraw Hill Financial Inc. disclosed in a regulatory filing that it has received a so-called "Wells Notice" from staff of the Securities and Exchange Commission.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage

The Town Talk

Social Security spent $300 million on 'IT boondoggle'

Six years ago, the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.

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Related Topix: Social Security, McKinsey, Consulting, McKinsey & Company, US Politics, US News, Republican, US House of Representatives, Darrell Issa, Representative Jim Jordan, Representative James Lankford

Ledger-Enquirer.com

Former trader gets 2 years in prison for fraud

"This was a market that was dead in the water," Judge Janet Hall told Litvak. "This was a market that existed because of taxpayer money and you were in effect taking advantage of it through fraud."

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Related Topix: Prison, Criminal Defense Law, Law, Home, Mortgage, Financial Markets

Northern Michigan News

US economy, though sluggish, may now be sturdier

Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.

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Related Topix: Credit Card Debt, Home, Mortgage, University City, MO

San Jose Mercury News

Fair Trade brings big sales and a clear conscience

Ninety percent of the coffee the New York-based company sells is Fair Trade -- certified as produced by people who are treated and paid well.

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Related Topix: New York, Small Business, Marketing, Business News

Reuters

NY judge throws out lawsuit by Empire State Building investors

A New York state judge has thrown out a lawsuit in which longtime investors in the Empire State Building claimed they were shortchanged out of hundreds of millions of dollars by the real estate magnates who took the iconic skyscraper public last October.

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Related Topix: REIT

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