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Australia's Annual Inflation Reaches Top of Rba's Target Band  SYDNEY, Oct 26 Asia Pulse - The annual rate of inflation has reached the top of the Reserve Bank of Australia's target band but core measures suggest the central bank


FDIC chair warns Silicon Valley isn't immune to mortgage woes (Silicon Valley/San Jose Business Journal)  The chair of the Federal Deposit Insurance Corp. Friday warned Silicon Valley isn't immune to the nation's credit turmoil, calling for new approaches in mortgage lending and regulation to lessen


Banking on Hispanics  Ana Corchado began learning English as a child in Puerto Rico and her real crash course came when she moved to the United States 16 years ago.read more...


Bank of Oklahoma live with SunGard's InTrader ASP  SunGard announced today that Bank of Oklahoma has gone live on SunGard's InTrader ASP fixed income processing solution for trade execution, portfolio accounting, funding, safekeeping, and correspondent services ...read more...


Why Mortgage Life Insurance is Not a Good Idea (Wellsville Daily Reporter)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


Building permits slide 11% as housing market cools  The value of building permits fell almost 11 per cent in April to a five-month low as new housing demand pulled back from near record levels the month before, Statistics

September 20th, 2007

House panel weighs tax relief on mortgage debt (Reuters via Yahoo! News)

Homeowners who lose their house to foreclosure would no longer face a federal tax bill for their unpaid mortgage debt under a bill being drafted in U.S. House of Representatives, a congressional aide said on Friday.

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