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Washington Mutual cuts 1,200 jobs - Seattle Times
Washington Mutual Corp. is cutting 1,200 jobs nationwide. The country's largest thrift, hit hard by turmoil in the mortgage and credit markets, said Thursday that some layoffs will be in its home loan business. Home loans workers at WaMu have been ...

Democrat says Congress should examine lawmaker loans - Reuters
WASHINGTON (Reuters) - Congress should examine preferential loans to two Senate Democrats, including the sponsor of a major housing bill, by mortgage lender Countrywide Financial Corp, a senior Democratic lawmaker said on Thursday. "My view is that ...

2 former Bear Stearns hedge fund managers charged - Newsday
NEW YORK - Two former Bear Stearns hedge fund managers were hauled into jail Thursday and charged with lying to investors about the collapse of the subprime mortgage market, perhaps signaling the start of a wave of prosecutions arising from the ...

'Beyond the Mortgage Meltdown' -- New Report Analyzes Dodd/Frank Plan ... - CNBC
WASHINGTON, June 20, 2008 /PRNewswire-USNewswire via COMTEX/ -- Moody's Economist Mark Zandi and Home Loan Bank President Alfred Dellibovi Join Report Author James Lardner At 6/25/08 National Press Club Event The following was issued today by Demos ...

22 arrested on charges of mortgage fraud - Miami Herald
Federal officials blasted the real estate industry on Thursday for not doing enough to prevent rampant fraud within its own ranks. At least 22 people in Miami-Dade have been arrested on federal mortgage fraud charges in recent weeks, U.S. Attorney R ...



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