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Housing Loans News

Community Bank of Loganville, Georgia, Is Shuttered (Update1)Friday, November 21, 2008 @ 5:55PMNov. 21 (Bloomberg) -- Community Bank of Loganville, Georgia, was closed by a state regulator today, the 20th U.S. bank seized this year as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression.

Buy-to-let boom turns to nightmare as repossession hotspots are revealedFriday, November 21, 2008 @ 5:40PM Soaring numbers of buy-to-let investors have not paid a penny of their mortgage and face losing their property, official figures revealed today.

Family given deadline to leave sewage- filled houseFriday, November 21, 2008 @ 5:34PMTimes staff writer PEKIN - More than a foot of raw sewage has been floating in the basement of 1027 S. Third St. for months, threatening the safety of its four occupants, and recently even the neighbors.

Housing, GDP Data on Tap in Coming WeekFriday, November 21, 2008 @ 5:26PMThe storm of bearish economic data is expected to calm – but not dissipate – in the coming week. 

The Week Ahead: Retailers, ThanksgivingFriday, November 21, 2008 @ 5:11PMRetailers will remain under the spotlight next week as investors look for some signs that consumers haven’t given up on spending. Housing numbers will also be scrutinized during a short week that includes the Thanksgiving Day holiday.

Stocks Soar in Late TradingFriday, November 21, 2008 @ 4:56PMWall Street surged on Friday afternoon after news reports that Timothy F. Geithner would be chosen to be secretary of the Treasury.

Boesen’s widow seeks one-year allowanceFriday, November 21, 2008 @ 4:24AMThe widow of Ed Boesen is asking for a one-year allowance from her husband’s estate to pay family bills, court documents say.

FDIC says foreclosure relief a mustFriday, November 21, 2008 @ 4:07AMFDIC Chairman Sheila Bair said Thursday she is "still hopeful" of using federal bailout money to help homeowners avoid foreclosure.

News & StarFriday, November 21, 2008 @ 4:04AMThe Government is ready to step in to bail out Cumbria’s two critical building projects that have stalled because of the credit crunch.