No mortgage recovery until 2010

"We are going to have a period where we move through the trough," Daniel Mudd, Fannie Mae's chief executive officer, told a meeting of business reporters.

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Loan Industry Fighting Rules on Mortgages

Consumers want tougher regulations, but the Fed is already back-pedaling.

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Big Fine Set for Wachovia to End Case

The settlement ends a federal investigation into accusations that the bank allowed telemarketers to use its accounts to steal millions of dollars from unsuspecting victims.

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Ten Reasons To Care About Predatory Lending

Ten Reasons Why You Should Care About Predatory Lending1. Your lender wants you to pay late. Did you know your credit card company can change your payment due date each month hoping you'll miss your payment?

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Debt Collection Done From India Appeals to U.S. Agencies

Debt collection is being outsourced from India now! Is your personal info safe? Americans are used to receiving calls from India for insurance claims and credit card sales. But debt collection represents a growing business for outsourcing companies, especially as the American economy slows and its consumers struggle to pay for their purchases.

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Piling On: Borrowers Buried by Fees

A handful of public-minded bankruptcy court judges are exposing the questionable practices of the mortgage servicing business.

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Credit Video: Consumers drunk on debt

Consumers are borrowing even more money from their credit cards and homes, especially in states with high foreclosure rates.

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