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WASHINGTON – Late mortgage payments dropped sharply in the opening quarter of this year, a big improvement after delinquencies hit a 2 1/2-year high in the closing quarter of last year. Click here to visit FOXBusiness.com’s Real Estate page The Mortgage Bankers Association, in its quarterly mortgage survey released Monday, …

DALLAS – Mavericks owner Mark Cuban was fined $250,000 by the NBAon Tuesday for his outbursts following Game 5 of the NBA finals. Cuban was cited for “several acts of misconduct” he committed after Dallaslost 101-100 in overtime to the Heatin Miami on Sunday night. Furious with several calls, Cuban …

TEPETITAN, Mexico – Mexico‘s presidential candidates are promising to be big spenders, pledging roads, railways and even oil refineries they say will modernize the country and attract investment. Mexico desperately needs better infrastructure — one group of engineers estimates $330 billion worth. But many fear the candidates’ proposals are a …