Federal Reserve cracks down on mortgage fees
Federal Reserve bars mortgage industry from receiving higher fees for expensive mortgages
Read more on Bay News 9 Tampa Bay
Highlights: Geithner pushing housing policy change
Treasury Secretary Timothy Geithner said on Tuesday fundamental change is needed in the housing industry but appeared to back some mortgage guarantee.
Read more on Reuters via [...]
August 20, 2010 | Posted in
Mortgages |
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Layoffs are back: Spike in jobless claims points to faltering recovery
WASHINGTON – Layoffs are back, and that’s bad news for the fragile U.S. economic recovery.
Read more on The Canadian Press via Yahoo! Canada News
Bad news on economy boosts safe-haven dollar
The dollar mostly gained Thursday after reports suggesting unemployment rose and manufacturing declined in the U.S.
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August 20, 2010 | Posted in
Mortgages |
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Home foreclosures continue to rise
The number of US homes lost to foreclosure surged in July, another sign lenders are moving more quickly to take back properties from homeowners behind in payments.
Read more on The News Journal
Paulson’s bet on PMI drives company stock higher
Hedge fund buys 5 million shares of Walnut Creek mortgage insurer
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August 19, 2010 | Posted in
Foreclosures |
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A growing recognition that the Obama Administrations Home Affordability and Stability Program (HASP) is not working in its current design has fingers pointed all over Washington D.C. trying to place blame on mortgage servicers, investors and the administration itself. At hearings this week in Washington, comments ranged from encouraging to total frustration as expressed by [...]
August 19, 2010 | Posted in
Mortgages |
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Foreclosure home listings are online directories that contain information about foreclosed homes about to go on sale or currently on sale. These are a valuable new tool in the hands of the seasoned property investor. New investors, with zero experience in real estate business, are also coming round to the absolute indispensability of foreclosure home [...]
August 19, 2010 | Posted in
Foreclosures |
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Geithner: ‘Fundamental change’ for Fannie, Freddie
Treasury secretary, meeting with housing industry executives and experts, says bailed-out Fannie Mae and Freddie Mac will change dramatically when they emerge from federal control. With sweeping financial reform legislation enacted, the White House and Congress now must focus on fixing the mess created by the failed housing finance giants [...]
August 19, 2010 | Posted in
Mortgages |
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Foreclosure is a very frightening term. You have poured your blood sweat and tears into turning your house into a home.
Now, hard times have hit you. Maybe you lost your job, divorced, became disabled got transferred or downsized. Your mortgage holder has rules about your payments.
Threats about losing your home are in the [...]
August 18, 2010 | Posted in
Foreclosures |
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Milwaukee home mortgage companies are basically a service industry and this is something that you need to keep in mind. There are lots of people that are of the opinion that find mortgage approval as well as purchasing home a daunting task and due to this they overlook the necessity of shopping for the company [...]
August 18, 2010 | Posted in
Mortgages |
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Finance and savings is a complex field to comprehend with. You really need to polish up your investment skills in order to be victorious here. We all know that securing a good home mortgage loan is quite a difficult process. It really takes a lot of time. You need to invest a lot of time [...]
August 18, 2010 | Posted in
Mortgages |
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Subprime lenders who fueled the U.S. housing crisis may be reaping benefits from the Obama administrations Home Loan Modification program, according to a report from the Center for Public Integrity (CPI).
The $75-billion program, dubbed Making Home Affordable, grants taxpayer subsidies to lenders who successfully lower monthly payments for troubled borrowers. However, the study shows, 21 [...]
August 17, 2010 | Posted in
Mortgages |
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