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Any time there is turmoil and confusion, scam artists are ready to spring into action. That’s the case with the current recession, which has generated havoc for individuals trying to decide the best…
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Individual money managers looking for added income in these troubled times might be unaware of two often-untapped sources: the equity in their home and their life insurance policy.
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WASHINGTON, April 29 (Reuters) - The top financial panel of the U.S. House of Representatives on Wednesday passed legislation that will increase regulation of the mortgage industry and offer borrowers more protections. Under the legislation, mortgage finance companies would be forced to hold some default risk and would not be permitted to pass all the costs of failing loans onto Wall Street and …
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WALLA WALLA, Wash., April 29, 2009 — Banner Corporation , the parent company of Banner Bank and Islanders Bank, today reported that it had a net loss of $9.3 million for the quarter ended March 31, 2009, compared to net income of $3.8 million for the quarter ended March 31, 2008.
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WASHINGTON -(Dow Jones)- U.S. Federal Reserve policymakers on Wednesday signaled they are open to boosting programs to buy mortgage-related and Treasury securities if needed to ease the economy’s path out of recession, though they appear comfortable with existing policy tools.
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