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StoryCorps: George and Destie Sprague

By Andrew Parrella on Thursday, August 2, 2007.

An 11 year veteran of the Marines and the National Guard, George Sprague spent 12 months in Iraq. He and his wife, Destie, talk about how the war affects soldiers differently.

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Another Shoe May Drop When Mortgage Rates Go Up

By Mark Bevis on Thursday, August 2, 2007.

The nation's mortgage industry took another hit this week.

Financial analysts expect the American Home Mortgage Investment Corporation to declare bankruptcy after its stock price fell 90 percent on Tuesday.

If it does, it would be the latest in a string of mortgage lender failures as more people miss payments on their home loans and home prices continue to stagnate.

New Hampshire's Banking Commissioner Peter Hildreth tells NHPR's Mark Bevis that American Home's finanacial troubles shouldn't have too much effect on homeowners in the state.

Hildreth says the bigger problem is going to be when the rates go up on adjustable rate mortgages.

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