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Big banks step up efforts to modify mortgages

11/11/2008 12:03:08 PM

Tuesday November 11, 7:32 am ET
By Sara Lepro, AP Business Writer

Citigroup becomes latest big bank to adopt measures to keep at-risk borrowers in their homes.

NEW YORK (AP) -- Major banks are stepping up their efforts to curtail losses from souring mortgages, with Citigroup Inc. becoming the latest institution to adopt initiatives aimed at helping at-risk borrowers remain in... Read More

Topics:

Citigroup, JP Morgan, Bank of America, Chase, mortgage modifications, foreclosure

Posted by

Jason Roberts

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A Royal Bank Job: Do banks really deserve to be bailed out by the tax payer?

10/29/2008 1:35:03 PM

I’ve written a few articles on the banking sector as it relates to the current foreclosure crisis. Now I figured it was time to turn my focus over to the credit card issue. I also decided I’d be the perfect test subject for this article. I’m a small business owner who has used credit cards to fund my day to day efforts. I’ve always had good credit. I’ve been affected on... Read More

Topics:

credit card debt, financial crisis, sellmyhouse.com, bank of america, capitol one, citibank

Posted by

Jason Roberts

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