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Fed's latest survey finds tighter loan standards - San Diego Union-Tribune
WASHINGTON – Banks tightened up further on all sorts of lending, from home mortgages to credit cards and business loans, as the worst financial crisis in seven decades took a bigger toll on the economy. The Federal Reserve said Monday that its ...
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Mortgage securities brought on chaos (Lexington Herald-Leader)
NEW YORK . When you sit at your kitchen table and write your monthly mortgage check, your signature may be the first stop on a journey that takes your money to the other side of the world. Chances are, your bank has resold your mortgage and the Chinese government, a teachers' pension fund in Holland, even one of your own mutual funds could own a slice of it. Thousands of investors could ...
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