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More than half of all homeowners who had their loans modified to make the payments more affordable in the first half of the year are already in default again, banking regulators said Monday.
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The Tribune Company has announced it is voluntarily restructuring its debt under Chapter 11 Bankruptcy protection. The company's full announcement follows.
"Holiday travel" is a phrase that garners strong emotion. It may evoke the best of the season: feelings of warmth and the anticipation of seeing family. But there's a very real chance it will remind you of the journey, not the destination: the lines, the hours logged, and, worst of all, the prohibitive cost -- especially if you are making your plans at the last minute. But last-minute travel doesn't necessarily have to break the bank.
A roundup of recent personnel moves and awards affecting the Hispanic business community.
Ramon Velez, a World War II veteran, activist and former New York City Councilman, who empowered a generation of Hispanic leaders, has died. He was 75. The Puerto Rican-born Velez was widely hailed in the New York metropolitan area as a spirited community organizer and power broker who gave voice to his community.
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