MANCHESTER, N.H.— The rate of increase for home foreclosures in New Hampshire appears to be slowing down. This year, there were 2,946 foreclosures through the end of October, up 85 percent from the 1,592 through October 2007. However, the rate of ...
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A few months ago, I ran into an attorney in the hallway of the Lee County Courthouse. This attorney represents many lenders in foreclosure actions. I asked him if lenders were seeking deficiency judgments against borrowers in foreclosure suits. "None ...
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WEST LAFAYETTE — A global economic slowdown isn't likely to hit agriculture as hard as other industry sectors, but that doesn't mean farmers and their lenders won't see changes ahead, said Michael Boehlje, a Purdue University agricultural economist ...
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WASHINGTON — Think of them as the walking wounded: The homeowners who are upside down on their mortgages, owing much more than their home is now worth. But they're still on their feet and still sending their payments each month. In this credit ...
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When Minnesota businessman Tom Petters bought Polaroid in 2005, he had visions of reinventing the pioneer of instant photography and returning some tech luster to an iconic American brand nearing the scrap heap. Today, the snapshot of Polaroid's ...
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Department of Housing and Urban Development Secretary Steve Preston recently announced what he said was a "mammoth leap forward for the consumer." So what does this mammoth leap entail? It's an overhaul of the good-faith estimate used during the ...
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In recent months, conservative economists and editorialists have tried to pin the blame for the unholy international financial mess on subprime lending and subprime borrowers. If bureaucrats and social activists hadn't pressured firms to lend to the ...
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