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The U.S. government is hoping that Monday's bankruptcy filing by Ally Financial Inc.'s troubled mortgage business will help the company repay its government bailout faster.

Listen up home seekers: There is no perfect house. Even new homes will have a feature or two you may not like and will want to change.

Proving Dick Armey's axiom that "the market is rational and the government is dumb", the Congress of the United States is racing to get credit card legislation to President Obama's desk for signing before the Memorial Day weekend begins.

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U.S. mortgage giant Fannie Mae says it made money in the first three months of the year and is not seeking additional federal aid.

Earnings reports from two major banks Friday painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low interest rat.

Feds Back Down, OK Credit Card Fee Before You Even Get the CardFox BusinessThe move is a victory for a Sioux Falls, SD, bank - First Premier - that caters to people with bad credit. The bank made headlines in 2010 by charging a whopping 79.9% interest rate on its credit cards. In a battle against regulators, .and more »

Earnings reports from two major banks Friday painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low interest rat.

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ON a clear day, you might spot him bobbing above the waves off Pirates Bay, southeast of Hobart, a man alone in a little red canoe. The year I got my life back

JP Loans - Mortgage Broker Brisbane Releases Tips for Customers Looking to get .San Francisco Chronicle (press release)Leading Brisbane Mortgage Broker and Home Loans specialists, JP Loans has released a series of 'how to' videos and guides on loans and mortgages. These guides were designed to help the typical loan customer cut through the financial jargon, .and more »

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A MAN who lost his house but found $150,000 in his garden may have a shot at keeping the money. Unemployed man hands in found $150,000

CARLOS Araya used to order lobster, filet mignon and expensive bottles of red wine at the Palm Restaurant in midtown Manhattan. NY brokers trade lifestyles to survive

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THE stream of economic reports since the central bank board met last week has hardly been inspiring. Uninspriing data may lead to rate cut

THE stream of economic reports since the central bank board met last week has hardly been inspiring. Uninspriing data may lead to rate cut

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Housing Stocks Rally Despite Negative Equity Trapping More AmericansSeeking AlphaAs if rising food and gas prices and falling real average hourly earnings aren't bad enough, CoreLogic (CLGX), a data and analytics company, recently reported that as of December 31, 2011, 22.8% of all residential properties with a mortgage were in .and more »

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ClosingCorp Introduces SmartClosing Mortgage Calculator, Partners with Z57MarketWatch (press release)These services help consumers make informed decisions regarding home purchases. The SmartClosing Mortgage Calculator provides instant mortgage rate shopping, APR, monthly mortgage payments, closing costs and cash-to-close estimates in a single tool.and more »

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FIRST-home owners are on the hunt to refinance their mortgage within two years of entering the market, a new report says. Property novices itch to switch

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TexasLending.com to Discuss Home Loan Options on Radio KLIF in Dallas, TexasHouston ChronicleCEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the various home loan options available from TexasLending.com including refinance loans, home equity loans, home purchase loans, reverse mortgages and FHA loans on The .and more »

SWITCHED On writers review your evening television this week. The week's best TV

President Barack Obama proposed a new program during his State of the Union address Tuesday to allow homeowners with privately held mortgages to refinance at lower interest rates.

Home sales in December reached their highest pace in nearly a year. The gain coincided with other signs that the troubled housing market improved at the end of last year.

MonitorBankRates.comRefinance Rates: Current Refinance Rates at 4.04%MonitorBankRates.com5 year adjustable jumbo refinance rates currently are averaging 2.90%, up from last week's average jumbo adjustable refinance loans rate of 2.86%. 7 year jumbo adjustable refinance home loan rates today are averaging 3.40%, a decline from last week's .Refinancing Applications Mushroom as Mortgage Rates DropLoanSafeDoes the Decrease in Defaults Mean Homeowners Are Getting Their Financial .TIMEall 9 news articles »

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Sydney Morning HeraldObama still on the ropesSydney Morning HeraldHome foreclosures continue to swell. And polls show widespread pessimism about America's future. The Democratic Party base, meanwhile, remains annoyed at Obama for his failure to shut Guantanamo and to implement a carbon tax. .and more »

THE thought police have their sights firmly set on children's beauty pageants, condemning the make-up, the costumes, the entry fees, the competitiveness and the "wrong signals" they are said to be giving kids. Beauty and beast in all kids' events

Financial expert Jordon Goodman weighs in

The Star-Ledger - NJ.com (blog)Incentive for first-time home buyers could move foreclosed propertiesThe Star-Ledger - NJ.com (blog)But homes are still not moving. The government should provide an incentive to purchase foreclosed homes by providing down payment cash to purchasers. We propose a foreclosure purchase program that targets families looking for a first home, home buyers .

Will the GOP race get heated in Iowa?

The San Antonio Spurs signed rookie guard Cory Joseph on Friday. As per team policy, terms of the contract were not disclosed.

The San Jose Sharks will conclude a three-game road trip and-home set at the Pepsi Center.

A new federal report shows that speculative real estate investors played a larger role than originally thought in driving the housing bubble that led to record foreclosures and sent economies plummeting in Nevada, California, Arizona, Florida and other states.

Financial FeedFind Mortgage Rates & Refinance Rates in Your State or AreaMonitorBankRates.com15 year jumbo mortgage loan rates currently are averaging 3.67%, no change from yesterday's average 15 year jumbo mortgage rate. 1 year home loan adjustable mortgage refinance rates current are averaging 3.71%, a decrease from last week's average 1 .Refinancing Jumbo MortgagesFreeRateUpdate.comFixed mortgage rates hover near lows for 6th weekBusinessWeekInvestors See Huge Mortgage Mess Mending CostFinancial FeedRisMedia.com (press release) -NuWire Investor -Consumer Affairsall 36 news articles »

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Has US learned the lesson of Enron 10 years later?The Associated PressThey also offered mortgages on top of mortgages — so-called home equity loans that allowed people to tap their magically rising values to raise cash for flat-screen TVs or Caribbean vacations. Or to pay their credit card bills. "If your home keeps .and more »