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How Banks Are Trying to Get Bad Mortgages Off Their Books

Banks are offering delinquent homeowners $35,000 or more in cash to sell their properties for less than they owe — all in the name of clearing troubled mortgages off their books. Bloomberg explains that this approach is actually financially beneficial for the banks now that the foreclosure process has become long, delayed, and riddled with [...]

Posted by admin on April 23rd, 2012 | No Comments Posted in Chinese Stocks
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Best Wall St. Stocks Today – AAPL,BX,GS,WSJ,JPM,WFC,HPQ,GM,DPZ,NYT,FT

Apple (NASDAQ: AAPL) to launch a new iPad next week. (Reuters) Blackstone (NYSE: BX) says CEO Stephen Schwarzman made $213 million last year. (Reuters) The Justice Department is looking at whether banks manipulated the Libor rate. (Reuters) Ireland will have a referendum on the terms of its EU aid. (Reuters) Crude oil may rise as [...]

Posted by admin on March 13th, 2012 | No Comments Posted in Chinese Stocks, Top Stocks To Buy
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Best Wall St. Stocks Today – BLK,BAC,GS,BX

BlackRock, Inc. (NYSE: BLK) shares are lower on WSJ reports that Bank of America Corporation (NYSE: BAC) may look to unload its 34% (approximate) stake in the money management giant.

Posted by admin on March 2nd, 2012 | No Comments Posted in Best Stocks
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