$ 3 billion will be given by the Obama administration to help anyone getting foreclosed who is unemployed. The Hardest Hit Fund would going to be doubled with an additional $ 2 billion was announced last week to be put to the fund. $ 1 billion was given to a program to help unemployed borrowers ...

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JP Morgan Chase decided to take on a loan portfolio from Citi to help with the goal of expanding lending portfolios. The deal is worth about $ 3.5 billion, and is a part of the $ 8 billion in troubled loans Citi has been selling to others. The purchased loans are practically guaranteed ...

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President Obama signed into law the Wall Street reform bill. Yet the vast majority of those who support the Obama administration's call for tighter regulation of banking and investment are probably unaware of a whistle-blower provision, reports the Los Angeles Times. This bounty provision entitles private sector individuals who blow the whistle on rule-breaking organizations ...

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You need to know this if you want a house to raise a family in. You can't get a mortgage loan if you're pregnant and quitting your job for the family. Mortgage lenders are too scared that they won't get their payments with this situation. The couple doesn't meet strict standards is the excuse mortgage ...

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Thanks to the recession, debt collection has been a growth industry. As millions of Americans struggle to pay their bills, creditors are unloading debt to collection agencies for pennies on the dollar. The collection agencies are coming down harder than ever on hurting consumers. There have been numerous more consumer complaints about collection agency harassment. ...

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