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BusinessWeek - WaMu's board will exclude costs related to mortgage defaults and ... Soaring loan loss provisions -- the amount WaMu socks away to cover bad loans -- helped drag the country's largest ... off more than 3,000 workers, the majority related to its home ...

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WaMu CEO bonus untouched by loan crisis

Allentown Morning Call - ... wants banks to lighten the debt load of distressed home ... because so many have experienced losses due bad investments, as a housing slump and weakening credit ... institutions involved in the creation and sale of mortgage-backed securities. Such loan ...

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Bankers weigh mortgage deals SERVICE FROM PAGE D1 JOBS FROM PAGE D1

Colleyville Courier - How You Too Can Invest in the Same Market the Mega-Rich Make Billions. $150,000 Loan for $391/month - Refinance, Home Equity and Purchase. Historic Low Rates From Top Lenders - No Obligation, No SSN Required & Bad Credit OK. Wakefly Inc, is a ...

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Mortgage Newsletter

Forbes - ... and other developers are the latest slice of the credit market ... Dallas-based Comerica Inc. set aside $108 million for loan losses in the fourth quarter of 2007, primarily because of bad ... Seiders, chief economist of the National Association of Home ...

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Regulators cite construction loan fears

Detroit News - It's like we're telling them, 'Ruin your credit and then maybe we can help ... surge" in delinquencies has been "closely linked" to the slide of home equity. Most mortgage ... The growing tide of bad loans already has pushed the U.S. economy to (or ...

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Mortgage crisis deepens: Rates on 1.5M home loans will reset this year

Forbes - WASHINGTON4 (Reuters) - U.S. banks should prepare for rising bad debts from credit cards, home ... Regulators generally require U.S. banks to charge off a credit card loan when ... many of the biggest U.S. banks have already revalued their mortgage ...

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UPDATE 1-US banks face bad debts beyond subprime-Dugan

St. Petersburg Times - ... being suffered by builders (from the lower value of land and home inventories), mortgage ... cases, everyone would gain if lenders and borrowers renegotiated loan ... would perversely hurt the housing market by raising the cost of mortgage credit.

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'Bad' housing news is really the opposite

Forbes - The provision calls for increasing GSE loan limits to 125% of a city's median home ... Without securitization in a tight credit market, home sales ... For potential buyers, this makes home buying more affordable, and for many current mortgage holders ...

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Economic Stimulus' Biggest Real Estate Winners

Daily Herald - ... and paid several individuals to use their names and credit in order to buy property. "Mortgage ... an inflated appraisal for a second Eagle Mountain home in order to receive a higher loan. ... do what's best for the city, but the actions of a few bad ...

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Ex-mayoral candidate charged with fraud

BBC News - That's bad news if I'm trying to sell ... seem to be bearing the brunt of the credit squeeze when they start to look for a mortgage. "Crucially with lenders scaling back loan ... offering mortgages topped up with a loan up to 125% of the value of a home ...

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