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Obama Heads to Phoenix to Pitch Mortgage Reform

(WASHINGTON) — President Barack Obama is proposing to overhaul the nation's mortgage finance system, including shutting down government-backed Fannie Mae and...

UBS in Settlement With US Over Mortgages

(GENEVA) — Swiss banking giant UBS AG says it has reached "an agreement in principle" to settle a U.S. lawsuit over billions of dollars in mortgage bonds. The...

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