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Saturday, June 25, 2011
The Intelligent Investor: The Case for Raiding Your 401(k) - WSJ.com
http://online.wsj.com/article/SB10001424052702304231204576405902730644780.html?mod=WSJ_PersonalFinance_PF4
NYTimes: Reverse Mortgages Here to Stay
From The New York Times:
YOUR MONEY: Reverse Mortgages Here to Stay
Reverse mortgages may not be the best income-producing products for retirees, but they may become necessary last resorts.
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NYTimes: Forecasts for Growth Drop, Some Sharply
From The New York Times:
Forecasts for Growth Drop, Some Sharply
Disappointing data and worries about the strength of the global economy have made economists scale down their 2011 forecasts, some by half.
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Friday, June 24, 2011
Article: Risk retention crucial to housing reform: Treasury - International Business Times
Risk retention crucial to housing reform: Treasury - International Business Times
http://hken.ibtimes.com/articles/168943/20110624/risk-retention-crucial-to-housing-reform-treasury.htm
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Thursday, June 23, 2011
NYTimes: Budget Office Warns About Debt
From The New York Times:
Budget Office Warns About Debt
The national debt could equal the annual size of the economy within a decade, the Congressional Budget Office says.
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Wednesday, June 22, 2011
Article: Home sales fall to 2011 low; few 1st-time buyers - Business - Nation - TheState.com
Home sales fall to 2011 low; few 1st-time buyers - Business - Nation - TheState.com
http://www.thestate.com/2011/06/21/1867860/home-sales-fell-to-2011-low-few.html#RSS=untracked
(Sent from Flipboard)
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NYTimes: Sales of Existing Homes Hit Six-Month Low in May
From The New York Times:
Sales of Existing Homes Hit Six-Month Low in May
In May, sales of previously owned homes were down for a second month and 15.3 percent over the last year.
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NYTimes: Fed’s 3-Year Rescue Plan Falling Short of Promise
From The New York Times:
Fed's 3-Year Rescue Plan Falling Short of Promise
This month, the Federal Reserve is ending its program help the economy by purchasing Treasuries and providing other aid that will total about $2 trillion.
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NYTimes: Lured Back to Adjustable-Rate Mortgages
From The New York Times:
BUCKS: Lured Back to Adjustable-Rate Mortgages
Popular during the housing boom, more borrowers are wading back into adjustable-rate mortgages.
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Tuesday, June 21, 2011
NYTimes: PNC to Buy R.B.C. Unit for $3.5 Billion
From The New York Times:
DEALBOOK: PNC to Buy R.B.C. Unit for $3.5 Billion
The deal will allow PNC to expand into the Southeast, and includes 424 branches in North Carolina, Florida, Alabama, Georgia, Virginia and South Carolina.
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NYTimes: Politically Tied Lawyers Win Jobs Handling Foreclosures in the City
From The New York Times:
Politically Tied Lawyers Win Jobs Handling Foreclosures in the City
The foreclosure crisis has caused a surge in the number of court-appointed receivers for distressed properties in New York, and politically connected lawyers are benefiting.
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Monday, June 20, 2011
NYTimes: Many Cities Face a Long Wait for Jobs to Return
From The New York Times:
Many Cities Face a Long Wait for Jobs to Return
Nearly 50 metropolitan regions are unlikely to bring back all the jobs lost in the recession until after 2020, according to a report to be released Monday.
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Sunday, June 19, 2011
NYTimes: Backlog of Cases Gives a Reprieve on Foreclosures
From The New York Times:
Backlog of Cases Gives a Reprieve on Foreclosures
With lenders wary of repossessed houses and a foreclosure system that is bogged down, homeowners in distress are getting some unexpected breathing room.
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