* Urban Policy (The Brian Lehrer Show: Wednesday, 29 April 2009) (Public Radio, WNYC)

* House prices have fallen by �45000 from peak Halifax says (Harry Wallop, Telegraph)

* Funeral home director admits embezzling more than $200,000 (Robert Patrick, St. Louis Post-Dispatch)

* Recession may be over early, some forecasters believe (Kevin G. Hall, Sacramento Bee)

* L.I. POL TOOK CASH FOR CONTRACTS (Kieran Crowley, New York Post)

* Roberts: Obama will have to fight to reduce federal spending (Steven Roberts, Milford Daily News)

* Private sector jobs data adds to economic hopes (Burton Frierson, Reuters US)

* Verizon Continues SMS Spam Suits (Chloe Albanesius, PC Magazine)

* Student-loan program on chopping block (Aldo Svaldi, Denver Post)

* In Charlotte, Wells Fargo lays off 548 employees (Rick Rothacker, The Herald)


* Chase opens Sacramento office for troubled homebuyers (Jim Wasserman, Sacramento Bee)

It’s nothing too special, just a long, gray row of cubicles on the second floor of a Washington Mutual Bank building near Arden Fair mall.

* USenate Addresses Economys Impact (Shane Ferro, Columbia Daily Spectator)

Columbia University Senators addressed financial concerns, ranging from the economic downturns impact on the endowment to its impact on student loans, at a monthly plenary meeting on Friday.

* Portsmouth bucks nationwide foreclosure trend (Adam Leech, Rockingham News)

While many communities in the state have seen sharp increases in foreclosures, plummeting home values, increased unemployment and significant drops in single-family home sales, Portsmouth has seen little to no change from 2006 to 2008.

* Low ‘teaser’ mortgage rates entice, but beware (Lesley Mitchell, Salt Lake Tribune)

the one-year variety. The Mill Creek Terrace condo development last week was offering qualified buyers a 4.625 percent 30-year loan with a 3.625 percent rate for the first year.

* Use Lent to help battle the bad-economy blues (Jeff Brumley, Florida Times-Union)

President Barack Obama and Congress have rolled out economic stimulus plans to reinvigorate the economy and bring hope to millions of Americans facing unemployment, foreclosure and tanking 401(k)s.

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* Victims of mortgage crunch aren’t ‘losers’ (Chicago Sun-Times)

Victims of mortgage crunch aren’t ‘losers’ Schoolyard bully’s CNBC rant blames homeowners, when it’s the greed of his business class that’s at fault

* BofA, CitiGroup: Nationalization not needed (San Francisco Business Times)

Amid speculation about the nationalization of banks, executives of the two banks most cited for that fate are saying it isnt necessary.

* Arrest Made in Foreclosure Civil Disobedience Program (Joshua Rhett Miller)

Police in Baltimore today made what is believed to be the first arrest in a civil disobedience program aimed at supporting homeowners who refuse to vacate their foreclosed homes.

* Freddie Mac: Borrowers shun adjustable-rate mortgages (Kansas City Business Journal)

American homeowners have lost their appetite for once appealing adjustable rate mortgages, according to a new quarterly report from Freddie Mac .

* Prosecution witnesses continue their accounts of the HomeGold operation (Greenville News)

LEXINGTON — Prosecution witnesses resumed testifying today in the criminal trial of former HomeGold chairman Jack Sterling, and the former head of the company’s mortgage unit told the jury that Sterling and HomeGold’s chief executive “were always (No.) 1 and 2” in setting direction for the board.

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