AP – Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013.
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AP – Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013.
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AP – Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.
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Reuters – U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
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AP – Shopping center owner Equity One Inc. said Thursday it posted a 71 percent increase in fourth-quarter funds from operations, reporting higher revenue and an income tax benefit.
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Reuters – Two AIG units settled federal charges that they discriminated against black home buyers on fees for mortgages and will pay $7.1 million for restitution and education efforts, the U.S. Justice Department said on Thursday.
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AP – Washington Real Estate Investment Trust said on Thursday that John P. McDaniel is expected to be named as chairman of its board of trustees at its May 18 annual meeting.
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AP – Intuit Inc. on Thursday said unit sales of its TurboTax federal income tax preparation products rose 11 percent early in this year’s tax season, compared with the same period a year ago.
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AP – Intuit Inc. on Thursday said strong sales of its tax-preparation software helped lift its fiscal second-quarter profit 34 percent and beat Wall Street’s forecast. The company also raised its forecasts for full-year revenue and profit.
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AP – Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year’s record lows.
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AP – Britain’s national and local government had to borrow money in January for the first time in 1993, officials statistics showed Thursday in another sign of how recession is hurting government finances.
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