Forclosed Houses In Ms

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Forclosed Houses In Ms

Cash for $25 billion in loans for automakers near approval  The auto industry is close to winning one of two battles it's been waging in Washington for the past few weeks: Money for a $25 billion direct-loan program for automakers and suppliers was attached to a government-spending bill approved Wednesday by the House of Representatives.

CEOs involved in financial meltdown paid millions  As Congress considers a $700 billion bailout for Wall Street and the banking sector, there are calls to restrict the pay and severance packages for CEOs at investment houses, banks and mortgage lenders poised to benefit from the plan put forward by U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. GS MS MER BAC JPM WB WAMU

Auto industry to get $25 billion in federal loans  WASHINGTON -- In the next few years, consumers could see the fruits of $25 billion in government loans for the auto industry through a broader lineup of gas-electric hybrid vehicles, new plug-in electric cars and an expansion of fuel-efficient engines.

Discrepancies in Dallas DA��s Disclosure Reports  Dallas County District Attorney Craig Watkins has made the integrity of the Dallas justice system a cornerstone of his administration. But when FOX 4 asked for an explanation of inconsistencies in his financial reports to the state, he didn't provide one. So, FOX 4 went to outside experts for help.

Boutique Broker Explosion Goes Into Reverse  When Debra Kameros in June merged her 12-employee real estate company with one of the city's biggest firms, Prudential Douglas Elliman, she said she was relieved that the cost and hassle of phone bills, support staff, and photocopy machines were no longer her concern. "I'm loving my ability to focus on being a broker and not on the running of an office," Ms. Kameros, who founded her company 25 ...

Sales of preowned homes in West rose in August  Sales of existing homes in the West climbed higher in August versus a year ago, bucking a national trend as buyers snatched up sharply discounted foreclosed properties in California, Arizona and Nevada, according to two reports Wednesday. About 106,000...

Daimler in talks about selling its remaining Chrysler stake  Germany's Daimler said Wednesday it is in talks to sell its remaining stake in Chrysler to private-equity firm Cerberus Capital Management. Daimler spokesman Han Tjan confirmed a report in Germany's Manager Magazin that the company is in talks to sell the 19.9 percent it owns in the U.S.-based automaker. He would give no details. Cerberus said in a statement that it approached Daimler about the ...

Local business in brief: H&R Block on short-selling list  The Home Builders Association of Greater Kansas City reported 304 permits for new single-family homes in August. That was down from 487 the previous August, but up from 279 in July. Area home building activity posted its third consecutive monthly increase since hitting a cyclical low of 219 permits in May.

FOREIGN DIRECT INVESTMENT MAY HAVE PEAKED IN 2007, ANNUAL REPORT REVEALS  Global foreign direct investment FDI inflows rose in 2007 by 30% to reach an all-time high of US$ 1,833 billion, according to the World Investment Report 2008: Transnational Corporations and the Inf

Chevy Chase Bank scores victory in predatory mortgage lending case  A Maryland bank scored a major victory in a mortgage lending case Wednesday when a federal appellate court rejected class-action status for a Cedarburg couple��s suit against Chevy Chase Bank.