OFHEO Questions Mortgage Proposal
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A federal regulator yesterday suggested that a measure that would allow Fannie Mae and Freddie Mac to take on jumbo mortgages could divert loan money from less expensive housing.
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Business & money: Â· Fund chiefs stonewall on domicile questionÂ· MPs expected to demand answers next week
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Investors want to know if the time is right to tie The Knot.
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Canada&#39;s TD Bank Financial Group says it&#39;s discussing a &quot;possible transaction&quot; with Portland, Maine-based Banknorth Group.
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Lib Dem leader defends proposals as he seeks to silence debate over his stewardship of party.
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Manchester United have received a &quot;preliminary approach&quot; regarding a &quot;possible offer&quot; to takeover the club. The club&#39;s board said they are &quot;seeking clarification of this proposal&quot; and that at this stage &quot;it is unclear whether any offer will be made&quot;.
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The Federal Reserve Board is weighing whether it should ban some mortgage lending practices that fueled the recent housing market boom, Fed governor Randall Kroszner told a panel of lawmakers Wednesday.
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Homeowners unable to pay monthly mortgage bills and facing foreclosure shouldn't count on help from Washington this year. Regulators and lawmakers seem to be taking a wait-and-see approach as they confront the fallout from several years of lenders making too many home loans to people with inadequate credit.
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A Web venture gives borrowers a way to compare what they will probably pay for a mortgage in commissions, points, interest rates and fees.
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By Bloomberg News. The number of mortgage applications declined last week as fewer people refinanced, a survey by a private group found.
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The Patrick administration's top housing officials met with nine mortgage lenders in the first of a series of meetings seeking to remedy the state's foreclosure crisis. Kofi Jones, spokeswoman for the Executive Office of Housing and Economic Development, described the 90-minute meeting as a preliminary discussion of what the state and lenders can do to help "keep people in their ...
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WASHINGTON -- Spurred by the crisis in the home mortgage industry, Congress is readying a slew of proposals aimed at changing some lending practices and helping financially distressed homeowners hang onto their homes.
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Bankers have a beef when it comes to competition. Actually, they have a few. This is not a new theme. Bankers have long complained about doing business with strings attached or baggage to carry against competitors unencumbered by the same laws, regulations, or taxes. Don't mention mortgage companies to them at a cocktail party, unless you already have a drink ...
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TD Bank Financial Group is discussing "a possible transaction" with the Northeast regional banking company Banknorth Group Inc., the companies confirmed Wednesday amid reports that the Canadian bank was seeking ...
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By JULIAN WALKER; OLYMPIA MEOLA  A group of Henrico County residents took issue with new homes proposed for their area, and they told their supervisors so. Their opposition could cost them more than $5 million.
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The Federal Reserve Board is  weighing whether it should ban some mortgage lending practices  that fueled the recent housing market boom, Fed governor  Randall Kroszner told a panel of lawmakers Wednesday.
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Canada&#39;s TD Bank Financial Group is discussing &quot;a possible transaction&quot; with the Northeast regional bank Banknorth Group Inc.