Regulators Tighten Rules For Subprime-Lending
Federal officials issued guidelines aimed at curbing weak mortgage underwriting standards.
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Federal officials issued guidelines aimed at curbing weak mortgage underwriting standards.
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If you’re just out of school, buying a big house or taking out a substantial mortgage might not be the best moves. Jonathan Clements on strategies to stretch your money.
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Pending-home sales — transactions in which contracts have been signed but which haven’t closed — declined 3.5% in May.
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Rather than plowing their money into an expensive house or apartment, some wealthy New Yorkers prefer to use their cash to invest for returns of 20, or even 25, percent.
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The distance from Manhattan to Mattituck is a mere 85 miles, but the change of pace is like switching to Taylor Hicks after listening to Nine Inch Nails.
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Stephen Spinella, now appearing in “Spring Awakening,†might never have made it as an actor if he hadn’t lucked into a crazy-cheap rental in the East Village.
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