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... Reuters) - Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house. With the exchange, and a pay-off to a second ... with mortgages

"Cash for keys" aids home borrowers, investors - Yahoo Finance

As Washington D.C. keeps realizing, nothing it does so far seems to really take the big bite out of the mortgage crisis. Negative equity, defaults and unemployment are still with us and worsening in many cases. So now the federal government is ...

Washington D.C. makes way for short sales - Sacramento Bee

Federal auditors say Iowa officials misspent more than $10.5 million in federal grants for flood-damaged Cedar Rapids businesses. The audit, written by the inspector general's office of the U.S. Department of Housing and Urban Development, said 305 ...

U.S. says Iowa flood aid misspent; oversight faulted - Des Moines Register

NEW YORK (CNNMoney.com) -- San Francisco Federal Reserve Bank President Janet Yellen is the leading contender to be the next vice chairman of the central bank, a senior Obama administration official told CNN Friday. The official said the president ...

Yellen in line for Fed No. 2 - CNN Money

For many, the answer is surely yes. News out this week shows that 29% of those who have already retired have saved nothing at all to support themselves, while only a third have saved at least $50,000. To put this in context: A retirement account of ...

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