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Recent Stories
Latest news from around Northern Michigan, the State of Michigan and the Nation/World
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Thursday, December 15, 2011
We’ve got encouraging news tonight regarding the American housing crisis.
Last month, repossessed homes hit the lowest mark since March of 2008, that's according to RealityTrak.
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Thursday, October 21, 2010
The federal regulator for mortgage buyers Fannie Mae and Freddie Mac says rescuing the two companies could cost as much as $363 billion over the next three years, more than double the current total.
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Tuesday, August 24, 2010
Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. So why are houses across the nation sitting on the market for so long?
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Friday, July 16, 2010
Resolving a high-profile government case linked to the mortgage meltdown, Goldman Sachs & Co. has agreed to pay a record $550 million to settle civil fraud charges that it misled buyers of complex investments.
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Thursday, July 15, 2010
UPDATED 7:45 a.m. CDT. More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog of borrowers who have fallen behind on their loans.
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Thursday, May 13, 2010
A foreclosure listing firm says the foreclosure crisis is finally showing signs of easing, but it isn't all good news.
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