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College officials owned stock in lenders
(AP)
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AP - In an April 5 story about a probe into the student loan industry, The Associated Press reported erroneously that New York Attorney General Andrew Cuomo is investigating Citibank. Citibank already agreed to put $2 million toward a national fund that would educate students and parents about the financial aid industry and is no longer under investigation. |
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American Home Mortgage sees lower Q1 profit
(Reuters)
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Reuters - American Home Mortgage Investment
Corp. said it expects lower income in the first quarter
and full year 2007 than previously forecast due to conditions
in the secondary mortgage and mortgage-backed securities
markets. |
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Correction: Student-Loan-Probe story
(AP)
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AP - In an April 5 story about a probe into the student loan industry, The Associated Press reported erroneously that New York Attorney General Andrew Cuomo is investigating Citibank. Citibank already agreed to put $2 million toward a national fund that would educate students and parents about the financial aid industry and is no longer under investigation. |
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Correction: Mutual fund story
(AP)
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AP - In an April 3 story about mutual funds, The Associated Press reported erroneously that Charles Schwab & Co. had 16 mutual funds that refund some management fees to dissatisfied customers. |
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Mortgage rates creep up this week
(AP)
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AP - Mortgage rates around the country crept up this week, although rates on 30-year mortgages still hovered close to their low for the year. |
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