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4Q Loss Projection Hurts F.N.B.

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Shares of F.N.B. fell sharply Wednesday, after the Hermitage, Pa., company warned that it expects to report a fourth-quarter loss of between $17 million and $21 million.

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Interpreting the $25B Mortgage Settlement
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
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A source of relief for both banks and homeowners that could help the housing market and economy recover

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