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Foreclosures Rose 7% in July.
Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier, as one in every 355 households with a loan got a foreclosure filing, RealtyTrac said.
According to RealtyTrac, more than 360,000 households received foreclosure-related notices in July. Banks also seized 87,000 homes last month, up from 79,000 in June.
Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts
Thursday, August 13, 2009
Thursday, July 23, 2009
US market: banks set aside $74 Billion for bonuses
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Top Banks set aside $74 Billion for bonuses...
...new figures show some of the top beneficiaries of the Wall Street bailout are increasing their employee bonuses from the previous year. According to the Washington Post, the top six US banks have allotted $74 billion to pay their employees, up from $60 billion at the same point last year.
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Top Banks set aside $74 Billion for bonuses...
...new figures show some of the top beneficiaries of the Wall Street bailout are increasing their employee bonuses from the previous year. According to the Washington Post, the top six US banks have allotted $74 billion to pay their employees, up from $60 billion at the same point last year.
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