Chapman University News
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U.S. industries tied to housing are likely to grow about four times as fast as the economy, making them top picks for investors, said Mark Kiesel, global head of corporate bond portfolios at Pacific Investment Management Co.
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Crystal Cathedral Ministries, the bankrupt Southern California church built by television evangelist Robert Schuller, received at least two offers to buy its campus, creditors said in court filings.
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Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage giants bailed out with $190 billion of taxpayer money.
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California and New York, along with Florida, agreed to join more than 40 other states in a nationwide settlement 16 months in the making that seeks to end abusive bank foreclosure practices that followed the collapse of the housing bubble, a person familiar with the matter said.
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John List , a University of Chicago economics professor, strides through the Griffin Early Childhood Center chatting with teachers, complimenting girls on their braids and hollering out the window.
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The highest court in Massachusetts is poised to rule as soon as this month on a foreclosure case that could lead to a surge in claims from home owners seeking to overturn seizures.
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Chief Justice John Roberts, whose deciding vote upheld President Barack Obama’s health-care law, won’t have to wait long for a chance to reassert his conservative credentials.
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The U.S. Justice Department said it will announce the resolution of a 16-month nationwide probe of abusive foreclosure practices at banks including Citigroup Inc. and Wells Fargo & Co. after the collapse of the housing bubble.
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When California Lieutenant Governor Gavin Newsom begins meetings in Austin with Hardee’s hamburgers chief Andrew Puzder, local Chamber of Commerce Chairman Bobby Jenkins and Texas Governor Rick Perry , it’s because the most- populous state lingers in a funk, even as the U.S. pulls out of the deepest recession in half a century.
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John Taylor Skilling, the 20-year-old son of former Enron Corp. Chief Executive Officer Jeff Skilling , died in California.
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