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Federal Reserve Initiates Emergency Rate Cut

Early this morning the Federal Reserve, in conjunction with the European Central Bank, Bank of England, and Swiss, Canadian and Swedish banks, initiated a ½ point global rate cut in an effort to calm roiling global financial markets.Read More…
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A Solution That Works - Quicken Loans Chairman Dan Gilbert’s Proposal To Fix The Housing Crisis

We'd like to offer a solution for the housing crisis straight from the Quicken Loans Chairman, Dan Gilbert. For the full story and to get involved, please visit www.ASolutionThatWorks.com.Read More…
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$700 Billion Bailout Approved With Some Changes

Early this week, it seemed like Congress would never come to an agreement about the much-buzzed-about financial bailout. But there was a meeting of minds today and one of the most historic Government moves of all time was set into place.Read More…
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Uncle Sam Rescues Fannie Mae and Freddie Mac - Quicken Loans Podcast Series

Welcome to the latest in a new series of audio news stories from Quicken Loans Relationship Marketing Manager Mark Smith. Today's podcast is titled “Uncle Sam rescues Fannie Mae and Freddie Mac” and details the Federal Government's bailout of mortgage giants Fannie Mae and Freddie Mac.Read More…
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In Spite of Low Mortgage Rates, Wall Street Worries Drive Down National Mortgage Activity

Mortgage rates have remained low, but ongoing financial unrest on Wall Street continues to have a negative impact on the national mortgage market.Read More…
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