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ECB chief welcomes US rescue of mortgage giants (AP via Yahoo! News) European Central Bank President Jean-Claude Trichet on Wednesday welcomed the U.S. government's decision to rescue mortgage giants Fannie Mae and Freddie Mac.read more...
Dow Closes Lower on Weak Housing Data Wall Street pulled back Thursday after new signs of weakness in the housing market prompted investors to look past a rebound in major retailers' sales figures.Commentread more...
Layoffs Rampant in the Mortgage Industry (NPR) American Home Mortage filed for bankruptcy last month after falling victim to the weak housing market. Aimee Waltz, a loan officer who recently lost her job with American Home Mortgage,
Economic Uncertainty has Increased Federal Reserve Chairman Ben Bernanke said on Wednesday uncertainties surrounding the U.S. economic outlook had increased recently, and that future interest-rate decisions by the Fed would depend on how the
That's Rather Hideous: Versailles at Bryant Park That's Rather Hideous examines questionable decisions in interior design as revealed in listing photos.Commentread more...
Homebuyers suffering from sticker shock in San Francisco may find some relief across the bay. While homes in East Bay often sell for three times the national median, prices generally are slightly lower than elsewhere in the region.
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