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Nevada AG takes deal in lender fraud civil lawsuit (access required)

LAS VEGAS — Nevada took a settlement Friday and dropped a consumer-fraud lawsuit against a mortgage services firm that state Attorney General Catherine Cortez Masto had accused of orchestrating a massive illegal “robosigning” scheme. The deal, announced by Masto, called ...

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US economy may be stuck in slow lane for long run (access required)

WASHINGTON  — In the 4½ years since the Great Recession ended, millions of Americans who have gone without jobs or raises have found themselves wondering something about the economic recovery: Is this as good as it gets? It increasingly looks ...

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Nevada AG sanctioned in lender fraud civil lawsuit (access required)

LAS VEGAS  — A Nevada judge has ordered the state to pay legal costs that could amount to hundreds of thousands of dollars to a mortgage services company that state Attorney General Catherine Cortez Masto accused of consumer fraud and ...

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Fewer signed contracts to buy US homes in December (access required)

WASHINGTON  — Fewer Americans signed contracts to buy previously occupied homes in December, suggesting a slowdown in real estate. Pending home sales fell to the lowest point since October 2011. The National Association of Realtors said its seasonally adjusted pending home sales index dropped 8.7 ...

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Fed to reduce pace of bond buying by another $10B (access required)

WASHINGTON  — The Federal Reserve is pushing ahead with a plan to shrink its bond-buying program because of a strengthening U.S. economy. It’s doing so even though the prospect of reduced Fed stimulus and higher U.S. interest rates has rattled ...

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Lagarde warns of risks to global economic recovery (access required)

DAVOS, Switzerland  — The International Monetary Fund’s managing director warned Saturday of the risks posed to global economic recovery from the reduction of the U.S. Federal Reserve’s monetary stimulus and falling prices in the eurozone. Despite growing evidence the global ...

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