Business briefs
HAMP-ered
Nearly half the 1.3 mil lion homeowners at risk of foreclosure who en rolled in the government’s Home Affordable Modifi cation Program have fallen out, said Moody’s Analytics.
NY jobs
New York added 29,000 private-sector jobs in July, the largest gain since April 2005. The job less rate remained at 8.2 percent.
Madoff man
Irving Picard, the trus tee liquidating Bernie Madoff’s firm, asked a judge yesterday to ap prove another $34.6 mil lion in fees for legal work done from February through May. That brings Picard’s total fee request to $96.7 million.
Morgan culpa
Morgan Stanley ac knowledged its forecast Treasury yields would rise was misguided. “We got our rates call wrong and missed a great op portunity to be long bonds this year,” said James Caron, head of US interest-rate strategy.
Loan plan
The number of people borrowing from 401(k) plans hit a 10-year high of 22 percent in the second quarter, from 20 percent a year ago, Fidelity In vestments said.

