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Freddie Mac, the mortgage-finance company under government control, said defaults among its loans rose to a record 3.54 percent last month, while its portfolio of residential assets fell at an annualized rate of 21.6 percent.
-- TUESDAY, Dec. 1 WASHINGTON - National Association of Realtors releases pending home sales index for October, 10 a.m; Commerce Department releases construction spending for October, 10 a.m.; Senate Commerce, Science and Transportation subcommittee hearing on aviation safety, focusing on pilot...
Only a tiny fraction of mortgages have been permanently reduced under a $75 billion program for troubled homeowners.
Crystal Swearingen, a Realtor with McGrew Real Estate, has completed a highly specialized course in customer service referral-based business conducted by the Council of Residential Specialists of the National Association of Realtors.
The Obama administration plans to announce on Monday a campaign to press mortgage companies to reduce payments for many more struggling homeowners, The New York Times reported in Sunday editions.
As world markets absorbed the shock of Dubai's debt crisis, the ruler of the once-booming city-state left town for an important meeting in a desert palace. His hosts: the leaders of neighboring Abu Dhabi whose balance sheets are flush with oil revenue.
Only a tiny fraction of mortgages have been permanently reduced under the $75 billion Making Home Affordable program.
A small town in Maryland is setting a precedent in eco-friendly road construction, breaking ground this week on one of the greenest streets in the nation.
Former NBA All-Star Antoine Walker is apologizing for "unacceptable" living conditions at Chicago buildings owned by his companies.
An American man wanted for ecoterrorism attacks in the western United States has been sentenced to three years in a Chinese prison for making illegal drugs.
Come Jan. 1 anyone can convert a traditional IRA into a Roth IRA. Not everyone should. Here's help deciding if the strategy fits you.
A conservative Iranian legislator warned Saturday that his country may pull out of the Nuclear Nonproliferation Treaty after a U.N. resolution censuring Tehran — a move that could seriously undermine world attempts to prevent Iran from developing atomic weapons.
In Louisiana, training scenarios in mock Afghan villages are created from intelligence reports fresh from the front.
THINKING BIG The Golden Gate Bridge under construction in 1937, when an era of huge public works projects was under way.
A wave of M.B.A.’s, bankers, chemists and others are taking over or starting wineries and infusing them with a level of business expertise usually found only at big brands.
Locomotive engineers at Canada's largest railroad walked off the job on Saturday after talks broke down, but Canadian National Railway said it was using management and non-union staff to provide "the best possible service under the circumstances."
