Mortgage News - AM Edition - Friday, May 16th, 2008

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  • UN: World economy to grow by 1.8 percent in 2008
  • Mortgage rates drop to one-month low
  • Stocks Rise As Investors Mull Economy
  • Senators near housing deal
  • Bernanke: Banks Need to Bolster Risk Management
  • Federal judge rules shareholder lawsuit against Countrywide Financial executives can proceed

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