Personal Finance Wire
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Results 1 - 20 of 347,028 in Personal Finance
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Dispute Emerges Over Absence of Watchdog for Fannie and Freddie
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The government agency in charge of mortgage giants Fannie Mae and Freddie Mac is currently without a watchdog, but officials argue that the vacancy isn't an attempt to avoid oversight, but rather a legal issue that they have handled openly and transparently. Comment?
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US banks prepaying $45B in insurance fees
U.S. banks will prepay about $45 billion in premiums to replenish a federal deposit insurance fund now in the red, under a plan adopted by federal regulators. Comment?
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Franklin County seeks new IDA director
The Franklin County Industrial Development Agency is changing its mission to attract small business and is interviewing for a new executive director. Comment?
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Mortgage rates falling again
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Mortgage rates for 30-year fixed U.S. home loans fell to the lowest in five weeks, providing a boost to potential buyers and those who want to refinance. Comment?
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British Airways in merger talks with Iberia
British Airways PLC and Spanish airline Iberia SA confirmed they are holding separate board meetings Thursday about a long-awaited merger, responding to feverish speculation that has sent the companies' shares soaring. Comment?
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Congress Grapples with Estate Tax Reform
Lawmakers have known it was coming since a temporary scheme was enacted in 2001: without congressional action, the estate tax will be repealed for a year in 2010 and then reset at the highest rates in a decade. Comment?
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Housing agency's financial cushion sinks
By ALAN ZIBEL The Federal Housing Administration says its financial cushion has dipped to a dangerously low level but should remain above zero under 'most economic scenarios.'The agency, a major source of funds for first-time homebuyers, faces mounting concerns that it will eventually need a taxpayer bailout as losses grow from homeowners who lose ... Comment?
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Mortgage rates fall to 5-month low
Mortgage rates for 30-year fixed U.S. home loans fell to the lowest since May, providing a boost to potential buyers and those who want to refinance. Comment?
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FHA mortgage reserves at all-time low
The Federal Housing Administration, the government agency that insures at least one of every five U.S. single-family mortgages, said its reserves fell to the lowest level in history after a record drop in home prices. Comment?
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GM to release third-quarter earnings Monday, first since bankruptcy
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General Motors Co. said Tuesday that it will release its preliminary third-quarter earnings on Monday morning, the automakera TMs first earnings release since emerging from bankruptcy this summer. Comment?
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Rates on 30-year loans remain below 5 percent
Rates this week for 30-year home loans stayed below 5 percent for the second week in a row. Comment?
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Ireland's consumer prices fall most since 1931
Ireland's average prices fell 6.6 percent in the year to October, the sharpest rate since the Great Depresseion 78 years ago, as one of Europe's deepest recessions continues to take its toll, official data showed Thursday. Comment?
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Severson leaving regional Colorado government group on Jan 1
After 11 years at the helm, Gary Severson is leaving his position as director of a regional governmental organization to pursue other opportunities. Comment?
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FHA says its financial cushion has dipped to dangerously low level
Updated at 10:53 a.m. WASHINGTON -- The Federal Housing Administration says its financial cushion has dipped to a dangerously low level but should remain above zero under "most economic scenarios." The agency, a major source of funds for first-time homebuyers, faces mounting concerns that it will eventually need a taxpayer bailout as losses grow ... Comment?
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Foreclosure Activity Slows For Third Straight Month
Things are getting better on the foreclosure front -- or are they? Foreclosure filings, which include default notices, scheduled foreclosure auctions and bank repossessions, were down three percent during October from the previous month. Comment?
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FICO Partners With Cypress Software to Resell SB Scoring Models
Fair Isaac , a provider of analytics and decision management technology, said it has reached an agreement with Cypress Software Systems to resell the FICO LiquidCredit small business scoring models through Cypress's BizMark origination application. Comment?
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Prosecutors: Businessman Used Leasing Company as Vehicle for Fraud
Federal prosecutors have charged a Texas businessman with using his equipment leasing company as a front to engage in a multimillion dollar Ponzi scheme. Comment?
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Go out to dinner, get your next oil change, cup of coffee or haircut in Haddon Township and you may find a couple more gifts under the Christmas tree this year. Comment?
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Call goes out for 142m in savings across Lancashire
COUNTY and borough councillors in Lancashire are being asked to play their role in identifying possible cuts as Lancashirea s political leaders look to save up to A 142million over the next four years. Comment?
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In the Oct. 22 Bee, the article headlined "Bill would ease bank seizures" describes the effect of a proposed bill to take over failing banks. Comment?
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