Local Headlines
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Former Maryville man indicted for mortgage fraud
Jun 20, 2008 | via Belleville News
A former Maryville man faces federal charges of mortgage loan fraud after agents said he falsely inflated his income to get a loan on a home in an exclusive neighborhood.
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Alton attorney accidentally sues himself
Jun 7, 2008 | via Freerepublic.com
Alton attorney Emert Wyss thought he could make money in a Madison County class action lawsuit, but he accidentally sued himself instead.
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Home sales fall throughout state, but not as much in metro-east
May 10, 2008 | via Belleville News
Housing sales fell in Illinois and the metro-east during the first three months of 2008, but analysts expect sales to rebound soon.
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News Radio 1240 WTAX Springfield, IL
Apr 22, 2008 | via WTAX-AM Springfield
Local housing sales down, prices up. The average selling price for a home in the Springfield area is up 4%, though home sales were down 29% for the month of March.
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Mar 12, 2008 | via Dubuque Telegraph Herald
A Madison County grand jury indicted the six in the January slaying of 29-year-old Dorothy Dixon, who was six months' pregnant.
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Regional Headlines
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Chicago-area home sales drop 28% in June
3 hrs ago | via Chicago Tribune
Sales and median prices for existing homes in Chicago and the state dropped in June as the real estate market remained strained by low consumer confidence and a troubled economy.
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News roundup: MRAPs carry rollover risk; Russian nukes in Cuba?
5 hrs ago | via USA Today
In the top story at Yahoo News, the Associated Press reports on rollovers involving MRAPs, the blast-resistant vehicles that are used to transport troops in Iraq and Afghanistan.
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16 hrs ago | via Stateline.org
The drumbeat of bad fiscal news from statehouses is intensifying. States collectively faced deficits of $40.3 billion in writing their current budgets - triple the $13 billion shortfall states weathered the ...
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Home Prices Sink Slightly in May
Yesterday | via Tools of the Trade
Home prices declined 0.3 percent nationally in May, according to the monthly index released today by the Office of Federal Housing Enterprise Oversight , which tracks the values of homes purchased with Fannie ...
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Analysis: Bush, Dems face economic reality
Yesterday | via UPI
U.S. President George W. Bush has dropped his lifelong opposition to government bailouts by approving one of the biggest in modern American history for Fannie Mae and Freddie Mac.
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National Headlines
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Discounted mortgage notes can stop foreclosures
5 min ago | via Business Standard
Where politicians and bankers see vexing liabilities in defaulted mortgages and foreclosures, Robert Lee sees opportunities as he picks up the pieces of the housing bust.
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Closing Market ... Dow "283.10 ... S&P "29.65 ... Nasdaq "45.77
6 min ago | via Cleveland.com
Wall Street abruptly ended an earnings-driven rally and closed sharply lower today after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent ...
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Stocks Tumble After Sales of Existing Homes Fall; Dow Down 283 Points
7 min ago | via ArkansasBusiness.com
The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 275 points.
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Housing Market Legislation Update
7 min ago | via Business Law Prof Blog
On Wednesday, President Bush dropped his opposition to the current housing market legislation despite his objections to a $3.9 billion provision.
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8 min ago | via The Taipei Times
AIDING MORTGAGE GIANTS: The House of Representatives voted to pass a bill that will provide liquidity to Fannie Mae and Freddie Mac, with some denying it is a bailout AP, WASHINGTON Friday, Jul 25, 2008, Page 7 ...
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