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Foreclosure stigma haunts would-be renters

Some landlords turning away rental applicants with mortgage baggage...
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Fed Creates Two New Entities for Risk Management and Communication

The New York Fed created two new entities on Thursday in an effort to improve the bank's risk management and communications among regional and community banks....
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Rainmaker Mozilo Exits Under a Cloud

Angelo Mozilo, slated to step down as chief executive of Countrywide Financial Corp. on Tuesday, is departing with a devalued reputation partly because he stayed too long and at times ran the publicly traded mortgage lender as if it were his own company....
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House For Sale, Wife Included

A struggling single parent and real estate agent is trying to sell her house and find a husband. She's auctioning off both her home and her love in a package deal....
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Property Tax Rift Divides Council, Mayor

A fight over property taxes is derailing budget talks between Mayor Bloomberg and the City Council, with council leaders walking away from negotiations and insisting they won't agree to a property tax hike they say the mayor is pushing....
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Buildings Department Criticized As Too Slow on Violations

The city's Department of Buildings is again under scrutiny following an audit by the city's comptroller that claims the department is too slow in correcting building violations....
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Manhattan Rents Drop a Bit in June

Average June rents for non-doorman studios were below $2,000 on the Upper East Side ($1,831), the Upper West Side ($1,968), Harlem ($1,287), and Midtown West ($1,984)....
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Paulson Foresees Home Price Stability

U.S. Treasury Secretary Henry Paulson predicted Tuesday that U.S. housing prices would stabilize by year's end and overall economic growth would improve by then....
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Greenspan: Don't Blame Me for Housing Woes

Former U.S. Federal Reserve Chair Alan Greenspan denied that the housing problems in the U.S. were due to interest rates being too low during his tenure....
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Mortgage Applications Fall Again

For the fifth week out of the last six, mortgage applications declined, falling 9.3 percent to 461.3 on a seasonally adjusted basis compared to the previous week, according to the Mortgage Bankers Association weekly survey....
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Consumer Confidence Plummets to Lowest Level Since 1992

The Conference Board's consumer confidence index for June tumbled to levels not seen since 1992 at 50.4 in Tuesday's report, led by a near 10-point decline in the present situation component. Economists were looking for a moderate decline to 56.0....
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U.S. Supreme Court Passes on Atlantic Yards

The U.S. Supreme Court has declined to take up an appeal in the fight over Brooklyn’s Atlantic Yards project, putting to an end the federal lawsuit filed by landowners and tenants in late 2006 that challenged the state’s use of eminent domain for the mega-project....
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States file lawsuits against Countrywide

Shareholders approve company's takeover by Bank of America...
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Rapper's townhouse to be auctioned

Rapper DMX's Harlem townhouse at 2007 Fifth Avenue will be auctioned on August 13....
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Lawmakers to take last shot at housing bill

President has threatened veto of rescue proposal, but observers optimistic...
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