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Example Headline of Genre for Date
India's auto sales plunged in October
AP - Sales of passenger vehicles in India fell by 9.1 percent in October, as high interest rates and tight consumer credit took their toll on what had been one of the world's fastest growing automobile markets, according to the Society of Indian Automobile Manufacturers, an industry group.
Fannie Mae posts record $29 billion loss
Reuters - Fannie Mae, the largest provider of funding for U.S. residential mortgages, on Monday said it lost a record $29 billion in the third quarter as the company wrote down a tax-related asset that has its buoyed capital.
US mortgage giant Fannie Mae posts $29 bln loss
AFP - Fannie Mae, the US mortgage finance giant bailed out by the government, reported Monday a third-quarter loss of 28.99 billion dollars due to the slump in the real estate sector.
Rescue plans may slow pricing of troubled assets
Reuters - The government's emergency investments in the financial sector may actually slow the day of reckoning for mortgage losses, a panel of bankers said on Monday.
US mortgage finance giant Fannie Mae posts 29 bln dlr loss
AFP - Fannie Mae, the US mortgage finance giant bailed out by the government, reported Monday a third-quarter loss of 28.99 billion dollars due to the slump in the real estate sector.
GM says GMAC mortgage unit may not survive
AP - General Motors says the troubled mortgage industry and frozen credit markets have raised doubts that the mortgage business of its GMAC financial arm can survive.
Housing agencies to widen homeowner help: sources
Reuters - The regulator for Fannie Mae and Freddie Mac will on Tuesday announce fresh steps to mitigate foreclosures while a separate agency is preparing to ease terms on another homeowner-aid program, sources familiar with the plans said late on Monday.
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