News PhotosLocal Headlines
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Sunday Jun 28 | via Rochester Democrat and Chronicle
First Niagara changes logo, color scheme First Niagara unveiled a new logo and color scheme as part of a rebranding effort last week. Comment?
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Home inspections keep buyers out of unseen trouble
Apr 24, 2009 | via Rochester Democrat and Chronicle
Extending his telescoping ladder, George Cline climbed up on the roof of a 1,400-square-foot ranch house in Greece and started walking around, beginning a multiple-hour process of trying to point out everything wrong with the house. Comment?
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Home buyer smarts should be taught in high school
Apr 2, 2009 | via Buffalo News
How many foreclosures could have been averted if buyers were educated in homeownership finance and understood what they were getting into? One of the bitter lessons of the sub-prime mortgage crisis is that many families in foreclosure feel ambushed when the legal papers arrive - and they don't yet understand that they are about to lose far more ... Comment?
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Regional Headlines
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Crowne Plaza in receivership: Foreclosed hotel faile...
9 hrs ago | via Hotel Online
Jul. 10--NIAGARA FALLS -- The Crowne Plaza Hotel on Third Street, which the state invested $6 million in three years ago, is under the control of a court-appointed receiver after it slipped behind in property tax payments and other debts. Comment?
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Panoramic Foreclosure @ Queens Museum
Wednesday Jul 8 | via NEWSgrist
When it came to representing the sprawling nature of the foreclosure crisis in New York City, the artist Damon Rich figured out that the best thing to do was to shrink it down to size. Comment?
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Citigroup Shakes Up Top Management
18 hrs ago | via The Post Chronicle
Citigroup announced on Thursday its biggest management shake-up since the financial crisis began, replacing its chief financial officer and installing a new banking chief as it prepares to give the government a 34 percent equity stake. Comment?
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Bond Traders Test Limits of Too Big to Fail as CIT G...
Thursday | via Bloomberg.com
CIT Group Inc. , the century-old lender to 950,000 businesses, is trading in the bond market as if it may fail. Comment?
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Treasury picks 9 toxic asset managers
Wednesday | via Daily Herald
The Treasury Department on Wednesday selected nine financial firms as partners for a program to buy banks' soured, mortgage-related investments. Comment?
National Headlines
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Tenant can help homeowners pay the mortgage
4 min ago | via KansasCity.com
Sharing her two-story home in Kansas City has helped Norma Boyer cut utility costs almost in half. Comment?
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Belle Island Village complex to go on the auction bl...
5 min ago | via Knoxville News Sentinel
An auction date has been set for Belle Island Village. The massive entertainment complex in Pigeon Forge will hit the block on July 30 after lenders filed foreclosure notices this week. Comment?
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Whispering Ridge: Developer invites buyers to compar...
6 min ago | via Kansas City Star
Homebuyers are urged to compare the home prices, location and nearby schools in The Meadows of Whispering Ridge to similarly priced homes anywhere in the metropolitan area. Comment?
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From Treasury to Banks, an Ultimatum on Mortgage Relief
18 min ago | via New York Times
Remember that infamous meeting last October at the Treasury Department , the one where then-Secretary Henry Paulson locked the chief executives of the nation's nine largest financial institutions in a room, and wouldn't let them out until they agreed to accept billions of dollars in government bailout money - whether they wanted it or not? ... Comment?
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World & UK News: 45-64s hardest hit by recession
3 hrs ago | via IcHounslow
People in the run-up to retirement have been hardest hit by the recession due to the double impact of rising unemployment and falling asset values, research shows. Comment?
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