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Wal-Mart's Asda chain in the UK starts home-selling estate agency  With Wal-Mart getting into the health care and banking businesses, why not sell real estate? That is precisely what is happening in the Asda chain of stores in the UK.read


Delta Financial may return to its LI mortgage roots (Newsday)  The former senior management of bankrupt lender Delta Financial Corp. is launching a new mortgage company that may open retail offices -- and some employees might even be sitting at


Beazer's House of Cards  "Noteholders, including various hedge funds and other opportunistic investors, have purchased Beazer's bonds at depressed prices in the market and are now improperly seeking to secure a windfall by demanding


GM's Kool Korean  Largest Private Cos. People World's Richest People 100 Top Celebrities 400 Richest Americans Best Paid CEOs Places Best Places Personal Finance Estate Planning Funds Philanthropy Retirement Strategies Taxes ...via


Fulton Bank Offers 40-Year Mortgage (WGAL via Yahoo! News)   Prices in the local housing market are up and affordable housing is down, so lenders are offering new ways to put people into homes.via


Former president helps Lansing gain 4 homes  Individuals or organizations who would like to donate money or volunteer during a local home building project should contact Habitat for Humanity of Lansing at 374-1313. On the Web *

April 13th, 2008

Mortgage bailout could put nation’s credit rating at risk, report says (St. Louis Post-Dispatch)

WASHINGTON (AP)—A deep recession could force mortgage-finance titans Fannie Mae and Freddie Mac to require a federal bailout large enough to hurt the U.S. government’s top-grade credit rating, Standard & Poor’s warned Monday.

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