Mortgage News - Afternoon Edition - Friday, May 09th, 2008

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  • Deterioration in Pending Home Sales Confirms Broader Trend, Economists Say
  • Fed, FTC Propose New Rules on Lenders
  • Economists Divided on What Jobless Claims Say About the Labor Market
  • Bill to Aid Communities Cope With Aftermath of Foreclosure Passes House
  • House Passes Second Half of Housing Rescue Plan Despite Veto Threat
  • Consumer Credit Rises Well Above Forecasts in February

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