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AP 03:35 PM | November 07,2009
The McLean, Virginia-based mortgage finance company has received about $51 billion since it was seized by federal regulators in 2008, but avoided tapping the govt for more aid for the second-straight quarter
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Reuters 02:12 PM | October 29,2009
The bank said its key wholesale division had seen continued strong income performance although competitor activity was increasing
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Reuters 04:36 PM | September 17,2009
Positive economic data and a rise in investor appetite for risk, have pushed the Dow Jones industrial average to 11-month highs
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AFP 12:51 AM | September 10,2009
The commercial property sector took a hard knock after a home mortage meltdown triggered the biggest financial crisis in decades last year and plunged the world’s largest economy into recession
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PTI 02:31 PM | September 02,2009
According to The Wall Street Journal Mortgage Bankers Association, the mortgage-industry trade group, is calling for Congress to transform Fannie Mae and Freddie Mac into several smaller private held companies
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Kellogg School Corner | A Kellogg School Staff Writer 11:50 PM | August 30,2009
At least a fourth of defaults on mortgage loans are strategic, especially when home values are down at least 15%
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PTI 07:18 PM | July 22,2009
The company reported a 21% growth rate in net profit at Rs564.92 crore for the first quarter ended 30 June, 2009
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AP 08:43 AM | May 13,2009
The McLean, Virginia-based company, seized by federal regulators in September, on Tuesday posted a loss of $9.9 billion for the quarter ending 31 March
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Reuters 09:20 AM | May 08,2009
AIG has lost more than $100 billion, largely from excessive mortgage bets taken by a financial products unit. In Q4 of 2008, AIG had a loss of $61.7 billion, the largest quarterly loss in corporate history
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11:50 PM | April 03,2009
While tax havens seem tangential from the larger recession, they do raise a pressing issue: Financial transparency, especially in the thicket of this crisis, is crucial
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AP 09:26 AM | March 19,2009
Rival mortgage finance company Freddie Mac is planning similar awards, but has not yet reported on which executives will benefit
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AFP 09:25 AM | February 19,2009
The plan includes incentives for lenders to help debtors who cannot make monthly payments but also cannot sell their homes due to negative equity
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AP 12:50 AM | February 18,2009
Once turned into a law, the $787 billion stimulus package is expected to address the growing unemployment rate, boosts consumer spending, finance infrastructure projects and stem home mortgage crisis
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V. Ramakrishnan and Saikat Chatterjee / Reuters 11:57 PM | February 12,2009
The board has appointed Goldman Sachs and Avendus, an Indian investment bank, to look for strategic investors
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Mark To Market | Manas Chakravarty and Mobis Philipose 10:10 PM | January 21,2009
Net interest margin improved to 3.23% during the December quarter, compared with a much lower 2.92% in the September quarter
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