WASHINGTON — The United States could default on its obligations as early as Oct. 18 if Washington fails to agree on legislation to raise the government’s borrowing cap, a new study predicted Tuesday. The Bipartisan Policy Center analysis says the ...

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A surgeon has agreed to work at an underserved hospital in Arizona for the next three years as part of a deal to work off half of $1.07 million in unpaid medical school loans, interest and treble damages she incurred by defaulting on a federal loan-forgiveness program.

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WASHINGTON — The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency’s solvency as first-class letters plummet and Congress deadlocks on ways to stem ...

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WASHINGTON — The government has opened a program for investors to buy troubled mortgages in hard-hit areas and work out terms with homeowners in an effort to avoid foreclosures. The government on Wednesday announced the planned sale of about 3,500 ...

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The number of foreclosure filings in the U.S. during the first quarter of 2012 was down 16 percent from the opening quarter of 2011, possibly signaling a “hairline crack” in the pent-up housing market, a new report released Thursday said. ...

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While the number of foreclosure filings in the United States decreased by 2 percent from January to February, the Baltimore metropolitan area saw a 32 percent increase, new data show. There were 698 foreclosure filings — default notices, scheduled auctions ...

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WASHINGTON — The U.S. Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive ...

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LOS ANGELES — More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show. Some 77,733 properties received an initial default notice last ...

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WASHINGTON — Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter. Freddie Mac said Thursday that it lost $6 billion, or $1.86 per share, in the July-September quarter. ...

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This week’s Court of Appeals decision invalidating one ground-rent reform opens the door for the next stage: a separate class action brought by ground lease holders who say another recent change has made their investments worthless. In April, Anne Arundel ...

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