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Study: More than a quarter of LI homes 'distressed'
Monday Sep 29 | via Newsday.com
Doris Torres, a home health care aide, and her adult daughter Tara, an insurance saleswoman, bought a home in Brentwood seven years ago.
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Man arrested for stealing West Islip man's identity
Tuesday Sep 23 | via Empire State News
STATEN ISLAND Suffolk County Police Tuesday arrested an unemployed mortgage broker for stealing a West Islip man's personal information that he used to open a credit card account in the victim's name and ...
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Monday Sep 22 | via Daily Business Review
Hit hard by the collapse of the market for mortgage-backed securities, the firm Link led for more than a decade has so far laid off 131 lawyers.
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Sod farmers sue for golf course land
Thursday Sep 11 | via Long Island Business News
The developers of the Tall Grass mixed-use project have defaulted on more than $12 million in mortgage payments and face foreclosure on the 150 acre Tall Grass Golf Course in Shoreham, according to a lawsuit ...
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Island foreclosures continue to increase
Sep 5, 2008 | via Long Island Business News
Long Island foreclosures jumped 32 percent in August on a year-over-year basis, with almost half of the activity in the Town of Hempstead, according to a report released Friday.
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Regional Headlines
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2 hrs ago | via Dwell
This is the average sale price of an apartment in New York City in fall 2008. However the classic indicators of the real estate market point to an impending drop.
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Dow dips below 10,000, a first since Oct. 2004
9 hrs ago | via KSWO
New York_Wall Street tumbled Monday, joining a selloff around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments.
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Wall Street tumbles amid global sell-off
10 hrs ago | via Northwest Herald
NEW YORK Wall Street tumbled Monday, joining a selloff around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments.
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13 hrs ago | via <![CDATA[WSJ Business]]>
NEW YORK Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other ...
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Leader of Foreclosure Rescue Scheme Sentenced in New...
Thursday Oct 2 | via Federal Bureau of Investigation
MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that MAURICE McDOWALL was sentenced yesterday by United States District Judge ROBERT P. PATTERSON to ten years in ...
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National Headlines
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Treasury publishes info on TARP authorities
5 min ago | via NAFCU
Oct. 7, 2008 - Treasury on Monday published information that lays the groundwork for the selection of asset managers in the Troubled Assets Relief Program and set an Oct.
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5 min ago | via NAFCU
Oct. 7, 2008 - The board of the new HOPE for Homeowners Program has set final rules for the temporary Federal Housing Administration foreclosure relief program included in this summer's Housing and Economic ...
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Day 30: Harper softens stance on deficits as markets...
7 min ago | via Canada.com
With a week to go before Canadians mark their "X" on their ballots, it was plummeting markets, the threat of a recession and Prime Minister Stephen Harper not ruling out whether Canada would slide into a ...
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B.C. folks brace for economic slowdown
8 min ago | via Canada.com
Stock markets in Canada and around the world took another alarming dive yesterday, with economists warning that the U.S.-led financial crisis will hit Canada hard.
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Crisis hammers stocks, U.S. urges unified response
9 min ago | via Reuters
Governments around the world scrambled for new measures to contain the fast-spreading credit crisis as stock, bond and commodity markets bet on deepening uncertainty and a sharp downturn.
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