Highlights
A collection of news and information related to Loans published by Tribune Company sources.
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A lame rap aimed at poor folks
In the storm over who is to blame for Wall Street's financial meltdown, guess who's getting the biggest bum rap? Poor folks. In a desperate attempt to deflect blame from deregulation and other policy ideas they favor, conservatives are pointing their...Tags: Government, Ann Coulter, Mortgages, Real Estate Buyers, National Government
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Fed moves harmful or helpful?
Chicago Tribune reportersThe Federal Reserve took another radical step to try to prop up the ailing economy, but financial markets plunged anyway. U.S. stocks fell for a fifth day, the longest losing streak since January, as investors worried that aggressive government...Tags: Federal Reserve, Morningstar Incorporated, Financial Markets, Money and Monetary Policy, Mitsubishi UFJ Financial Group Incorporated
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Federal Reserve Testing Limits Of Authority
Associated PressDusting off Depression-era emergency powers, the Federal Reserve is extending its reach over the economy as never before, pushing the limits of its authority, if not exceeding them. Now the nation's central bank is even becoming a source of loans for...Tags: Government, Federal Reserve, Economic Policy, Franklin Delano Roosevelt, Money and Monetary Policy
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Feds rise to salvage foreclosed homes
Sentinel Staff WriterOrange County government will buy and fix up as many as 200 foreclosed homes in the next year, and sell them to moderate- and low-income buyers to help clean up neighborhoods worst hit by the mortgage meltdown. A $28 million federal housing grant will...Tags: Mortgages, Miami-Dade County, Florida, Orange County (Florida), Miami (Miami-Dade, Florida)
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Central bank takes powerful new role in crisis
The Associated PressDusting off Depression-era emergency powers, the Federal Reserve is extending its reach over the economy as never before, pushing the limits of its authority, if not exceeding them. Now, the nation's central bank is even becoming a source of loans for...Tags: Government, Federal Reserve, Economic Policy, U.S. Department of Treasury, Franklin Delano Roosevelt
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Clinton: Use bailout funds for small business, students
juliann.vachon@newsday.comWASHINGTON - Sen. Hillary Rodham Clinton (D-N.Y.) yesterday called on the Treasury Department to allocate $150 billion of the recently approved $700-billion economic rescue package to struggling small businesses, colleges, students and municipalities. In...Tags: Federal Reserve, Henry Paulson, U.S. Department of Treasury, New York, Colleges and Universities
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Wall Street retreats as concerns about financials overshadow Fed plan to buy corporate debt
AP Business WriterNEW YORK (AP) _ The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the...Tags: Banking, Bankruptcy, Stock Broking, Financial Markets, Economy
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Harford man sentenced for wire fraud
A Harford County man has been sentenced to up to 10 years in prison and three years of supervised release for wire fraud after he used bogus lines of credit with 71 companies to obtain $2.3 million worth of products, according to the Maryland U.S....Tags: Harford County, Corporate Crime, Chesapeake (Chesapeake, Virginia), Punishment, Fraud
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Glossary: Translating the financial crisis
The Associated PressA number of financial terms have become a part of the daily conversation as the worst financial crisis in decades has deepened, affecting companies, industries and ordinary people. A slowdown that began in the real estate market has led to bank failures,...Tags: Banking, Retirement, Buyback, Bankruptcy, Stock Broking
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Schumer asks feds to include student loans in bailout
karla.schuster@newsday.comSen. Charles Schumer is calling on the federal government to protect college students and their families from the credit crunch by expanding the economic bailout to include student loans. "We have to build a wall around the student loan market to protect...Tags: Federal Reserve, Loan Market, Henry Paulson, New York, Colleges and Universities
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Massive Countrywide settlement to benefit homeowners in Florida, 10 other states
South Florida Sun-SentinelMore than 57,000 Florida homeowners stand to benefit from a landmark settlement reached Monday between Florida and Countrywide Financial Corp., the giant subprime mortgage lender. It sets up the nation's most comprehensive mortgage-modification program...Tags: Banking, Mortgages, Bill McCollum, Florida, Bank of America Corp.
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Publisher of Orange County Register may have violated loan terms
From Bloomberg NewsFreedom Communications Inc., owner of the Orange County Register, said that it might be in violation of loan agreements and that it was in discussions with its lenders. The Irvine-based publishing company may have breached loan terms for the period ended...Tags: Moody's Corporation, Los Angeles, Credit Ratings
Oct 8, 2008
|Column| Chicago Tribune
Oct 8, 2008
|Story| Chicago Tribune
Oct 8, 2008
|Story| Associated Press
Oct 8, 2008
|Story| Orlando Sentinel
Oct 8, 2008
|Story| South Florida Sun-Sentinel
Oct 8, 2008
|Story| Newsday
Oct 7, 2008
|Story| Associated Press
Oct 7, 2008
|Story| Baltimore Sun
Oct 7, 2008
|Story| Associated Press
Oct 7, 2008
|Story| Newsday
Oct 7, 2008
|Story| South Florida Sun-Sentinel
Oct 7, 2008
|Story| Los Angeles Times
