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KKR, Five Mile, Goldman to Pay $8.8 Bln for GM Mortgage Stake (Bloomberg.com)  March 23 (Bloomberg) -- Kohlberg Kravis Roberts & Co., the world's biggest buyout firm, and its investing partners will pay $8.8 billion for a 78 percent stake in General Motors


Vioxx Trials May Clear Up Merck Picture  Associated Press Vioxx Trials May Clear Up Merck Picture 04.24.2005, 03:55 PM The financial future of Merck & Co.via


Mortgage Industry Job Losses May Rise With Interest Rates (Los Angeles Times)  With refinancings declining, layoffs at Ameriquest could be followed by tens of thousands at other companies, experts say.read more...


Mortgage Counselors Cope With Unwelcome Boom (NPR)  An impending foreclosure is a highly stressful situation -- certainly for the people that could lose a home, and sometimes for the people trying to help them. Richard Pittman, a


Your bankruptcy will hurt spouse's credit  Dear Dr. Don, I want to file bankruptcy and I am married. Do you think my husband's credit will be affected also? -- Mindful Meriniza Dear Meriniza, Married couples have


Get your pad ready for the party season  "If you can't get rid of it or clean it up, bin it and hide it in the closet. You don't want that to be the first thing people see

May 8th, 2008

Pending existing home sales fall in March

“Conditions in the homebuilding industry remain challenging”

Fewer Americans signed contracts to buy previously owned homes in March for the second consecutive month as falling prices and tougher loan rules discouraged buyers. via Inside Bay Area



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