RSS FeedsFannie Mae says it is doing away with higher minimum downpayment requirements for borrowers in distressed real estate markets.
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Stocks slipped Friday as investors' nervousness over a fresh record for oil prices dented enthusiasm over a surprising jump in new home construction. >>
The world economy is "teetering on the brink" of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its mid-year economic projections Thursday. >>
Teen retailer Abercrombie & Fitch Co. said Friday that its first-quarter earnings rose 3 percent from a year ago on stronger sales. >>
FAO Schwarz will open toy stores in close to 700 Macy's department stores over the next two years, the companies said Friday. >>
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