A Bronx diner owner and the man he allegedly paid to set his establishment on fire last month have been arrested and now face arson and other charges, according to fire officials.
Mohammed Abdul Quadir, 52, the owner of the American Diner on Bainbridge Avenue in Norwood and Christopher Gooding, 53, were arrested by fire marshals [...]

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Federal housing officials on Tuesday served subpoenas on 15 mortgage companies with suspiciously high default rates for loans backed by the Federal Housing Administration. The actions are part of a broad crackdown on dubious lenders as the agency tries to stem losses.
After the housing market went bust, the FHA became the major source of funding [...]

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