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You Can Get a Home Loan Even After Bankruptcy

Because of the credit crunch, getting a home loan has become very difficult. Having a good credit is also not a sure ticket to a mortgage loan. The problem becomes more complicated if you have recently filed for a bankruptcy. Read more: You Can Get a Home Loan Even After Bankruptcy Continue reading here: You Can Get a Home Loan Even After Bankruptcy Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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Morgan Stanley wins suit against Discover

NEW YORK – (AP) Morgan Stanley won a legal battle with former subsidiary Discover Financial Services over nearly $800 million Morgan Stanley says it was owed by the credit card company. Read the rest here: Morgan Stanley wins suit against Discover

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Dubai debt delays revive fear of financial crisis (Reuters)

Reuters – Investors recoiled from risky assets on Friday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis. Continued here: Dubai debt delays revive fear of financial crisis (Reuters)

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Dubai debt delays revive fear of financial crisis

DUBAI/TOKYO (Reuters) – Investors recoiled from risky assets on Friday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis. Read the original here: Dubai debt delays revive fear of financial crisis

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American Express profit beats estimates

NEW YORK (Reuters) – American Express Co posted stronger-than-expected quarterly earnings on Thursday as the credit card company trimmed costs, consumer spending declined at a slower pace and credit losses were lower than forecasts. More here: American Express profit beats estimates

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American Express profit beats estimates

NEW YORK (Reuters) – American Express Co posted stronger-than-expected quarterly earnings on Thursday as the credit card company trimmed costs, consumer spending declined at a slower pace and credit losses were lower than forecasts. More here: American Express profit beats estimates

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Congress waters down draft credit agency bill

WASHINGTON (Reuters) – A U.S. House draft bill to rein in the credit rating agencies has been watered down and will no longer include a measure to remove references to the ratings in federal laws, according to documents obtained by Reuters on Tuesday Read the original here: Congress waters down draft credit …

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UK to tighten mortgage rules, ban "liar loans" (Reuters)

Reuters – Britain’s financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called “liar loans” blamed for helping to fuel bad debt problems at the heart of the credit crunch. Here is the original post: UK to tighten mortgage rules, ban “liar loans” …

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CIT Group Says Its CEO Plans To Resign

CIT Chairman and CEO Jeffrey M. Peek plans to step down at the end of the year, according to company officials. Devastated by the downturn in the credit markets, the business lender has been trying to avoid bankruptcy for months as it restructures its operations. Read more from the …

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Distressed Acquisitions: Brave New World or Variation on a Familiar Theme?

Distressed M&A activity continues to be one of the most active segments of the deal market despite signs of improvement in the economy and recovery in the credit markets. Discussions of rights plans and “go shops” are being replaced by fraudulent conveyance risk, 363 sales and plans

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