AP – State Attorney General Jerry Brown sued the federal government Wednesday, asking a judge to stop government-sponsored mortgage buyers from blocking a program that lets homeowners pay for energy-efficient improvements through increased property taxes.
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AP – Wells Fargo & Co. said Wednesday it’s laying off 3,800 employees over the next year as part of a restructuring of its consumer finance unit.
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Reuters – Wells Fargo & Co , the fourth-largest U.S. bank by assets, said on Wednesday it is closing more than 600 Wells Fargo Financial offices and will no longer originate non-prime mortgages.
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AP – In a June 23 story about a new policy from Fannie Mae regarding homeowners who walk away from mortgages, The Associated Press erroneously gave two conflicting prices for Fannie Mae stock. The company’s stock closed trading Wednesday at 41 cents, down 1 cent, not unchanged at 48 cents. That was the closing stock price for fellow government-sponsored mortgage buyer Freddie Mac.
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AP – In a June 23 story about a new policy from Fannie Mae regarding homeowners who walk away from mortgages, The Associated Press erroneously gave two conflicting prices for Fannie Mae stock. The company’s stock closed trading Wednesday at 41 cents, down 1 cent, not unchanged at 48 cents. That was the closing stock price for fellow government-sponsored mortgage buyer Freddie Mac.
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AP – In a June 23 story about a new policy from Fannie Mae regarding homeowners who walk away from mortgages, The Associated Press erroneously gave two conflicting prices for Fannie Mae stock. The company’s stock closed trading Wednesday at 41 cents, down 1 cent, not unchanged at 48 cents. That was the closing stock price for fellow government-sponsored mortgage buyer Freddie Mac.
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AP – Michigan is ramping up a new program aimed at helping homeowners avoid foreclosures after Wednesday’s announcement that the federal government has approved $154.5 million for the effort.
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AP – Michigan is ramping up a new program aimed at helping homeowners avoid foreclosures after Wednesday’s announcement that the federal government has approved $154.5 million for the effort.
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AP – Michigan is ramping up a new program aimed at helping homeowners avoid foreclosures after Wednesday’s announcement that the federal government has approved $154.5 million for the effort.
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AP – Michigan is ramping up a new program aimed at helping homeowners avoid foreclosures after Wednesday’s announcement that the federal government has approved $154.5 million for the effort.
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