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Fannie Mae, Freddie Mac to suspend US home foreclosures (AFP)

The Freddie Mac headquarters in McLean, Virginia. The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes.(AFP/File/Paul J. Richards)AFP - The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes.



 
China fund in talks for stake in AIG unit: report (Reuters)

People stand outside the American International Group (AIG) offices in New York September 17, 2008. (Shannon Stapleton/Reuters)Reuters - A consortium led by sovereign wealth fund China Investment Corp is in talks to buy a stake of up to 49 percent in American Life Insurance Co, a unit of U.S. insurance company American International Group , the Nikkei financial daily reported.



 
Mortgage application volume falls 6.2 pct (AP)

The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington in this September 8, 2008 file photo. (Jason Reed/Reuters)AP - Mortgage application volume fell 6.2 percent during the week ended Nov. 14, according to the Mortgage Bankers Association's weekly application survey.



 
MetLife says commercial mortgage portfolio safe (Reuters)
Reuters - U.S. life insurer MetLife Inc disclosed information about its commercial mortgage portfolio on Wednesday in an effort to soothe investors that have become increasingly skittish about investments by insurers in commercial property debt.
 
Lawmakers press Paulson on bailout plan changes (AP)

Treasury Secretary Henry Paulson, left, and Federal Reserve Chairman Ben Bernanke arrive on Capitol Hill in Washington, Tuesday, Nov. 18, 2008, to testify before the House Financial Services Committee.  (AP Photo/Evan Vucci)AP - Faced with exasperated lawmakers upset by shifts in bailout strategy, Treasury Secretary Henry Paulson launched a spirited defense Tuesday of his handling of the $700 billion program and expressed fresh reservations about tapping the pool for mortgage guarantees to relieve skyrocketing home foreclosures.



 

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Free Balance Transfer Credit Cards
Some of the time you will find that if you go to one card they will only accept one type or credit card, just as you may find for another store with yet another card. This can lead to a person having many different credit cards simply to be able to do their everyday grocery shopping or to fulfill their other needs.
 
Are You In Debt? - 5 Simple Ways to Repair Bad Credit
Bad credit? Read this page for some ways to repair it and regain good credit rating. Here they are:
 
On Paying Yourself First: The Gap Between Rich and Poor
Politicians on a certain side of the aisle like to draw attention to the ‘injustice’ in the increasing gap in wealth between the rich and the poor. The wealthy, despite paying a...

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What is the Credit Crunch? And What Can I Do About It?
In August, 67% of small-business owners said they'd been affected by the credit crunch, compared with 55% in February, according to surveys by the National Small Business Association. So the omens for the impact of the current credit crunch are worrying.
 
Raise Your Credit Score by 100 Points Within 90 Days
Are you trying to raise your credit score? Do you need to know how to change your credit for the better? There are some simple things that you can do to Raise your Credit Score By 100 Points within 90 days. Here are some tips to help you get a better credit score.
 
A Careful Application For Business Credit Card Online
When you put up a business, it will be easy and convenient for you to track and manage your expenses if you have a business card. It's not advisable to your personal card for business purposes so you better get one. If you're busy to do that, you can apply business credit card online.
 

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