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Example Headline of Genre for Date
WaMu tops lenders in some riskier loans : WSJ
Reuters - Washington Mutual Inc. topped
the list of mortgage lenders in the percentage of loans it gave
to investors or second-home buyers, the Wall Street Journal
reported on its Web site on Tuesday.
Room for developers in the world of Reits
FT.com - The arrival of real estate investment trusts (Reit) in the UK has prompted the biggest shake-up in the commercial property market for years. But Michael Marx, co-managing director of Development Securities, is non-plussed. "It hasn't changed anything for us," he comments. "What has changed? Nothing has changed."
Fannie, Freddie to offer subprime aid-prepared text
Reuters - Mortgage finance companies Fannie
Mae and Freddie Mac have new programs to help
troubled subprime borrowers avoid foreclosure, the companies'
chiefs will say Tuesday, according to prepared testimony for a
congressional hearing.
US housing starts rise 0.8 percent, defy forecasts
AFP - US housing starts increased 0.8 percent in March, the Commerce Department said Tuesday in a report defying many forecasts for more declines in the troubled property market.
Supreme Court steps into US subprime crisis
FT.com - The US Supreme Court on Tuesday stepped into the subprime lending crisis in America with a potentially far-reaching ruling that limits the power of individual states to regulate mortgage lending.
U.S. state officials discuss student loan probe
Reuters - New York's investigation into student
lending practices may gain broader, nationwide support as
officials from 40 states joined in a conference call on Tuesday
to address the widening scandal.
Regulators call on lenders to aid owners
AP - Federal bank regulators called on lenders Tuesday to work with distressed borrowers unable to meet payments on high-risk mortgages to help them keep their homes.
Another student aid officer quits advisory post
Reuters - Another student financial aid
officer from a major university has resigned from a federal
advisory panel amid a widening scandal involving student loans,
the U.S. Department of Education said on Tuesday.
High Court steps into US subprime crisis
FT.com - The US Supreme Court on Tuesday stepped into the subprime lending crisis with a potentially far-reaching ruling that limits the power of individual states to regulate mortgage lending.
Govt. bars lenders from student database
AP - The Bush administration has put a federal database containing sensitive financial information about college students off limits to lenders — at least for now.
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