
Interest rate falls for USDA Rural Development home mortgage loans
Effective Aug. 1, the U.S. Department of Agriculture Rural Development decreased its home mortgage interest rate for direct homeownership loans to 4.5 percent. Ample funds are available through Sept. 30, due in part from funding received through the American Recovery and Reinvestment Act. The ARRA dollars [...]
August 17, 2010 | Posted in
Mortgages |
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Most doctors I know get a kick out of the television show, “House.” Though we’re all aghast at his bedside manner and cavalier attitude, still there is a certain attraction. Those not in the medical field may wonder how physicians can enjoy watching such a callous fellow.
Here are the five top reasons doctors love Dr. [...]
August 8, 2010 | Posted in
World News |
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Hawaii’s mortgage market: Have we reached the perfect storm?
It is an obvious understatement to say it has been a turbulentfew years for the U.S. mortgage industry. However, looking at thebig picture, we may have reached a perfect storm for the savvyinvestor looking to buy in Hawaii.
Read more on The Garden Island
Freddie Mac: 30-year mortgage at [...]
August 1, 2010 | Posted in
Mortgages |
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Introduction
Although it may seem a dream that is slipping away, it is possible to keep your house if you are facing foreclosure. With a few tips, tricks, and a plan you may be able to remain in your home without the worry of foreclosure on your mind at all times. Many people think that foreclosure [...]
July 26, 2010 | Posted in
Foreclosures |
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Hilltown Walk developer asks to reconsider zoning change
Its back to the drawing board for the proposed Hilltown Walk development, after the Hilltown Board of Supervisors voted no to a new plan that would eliminate the commercial use slated for a portion of the tract.
Read more on Perkasie News-Herald
EAST WINDSOR: State tries to cite dump on [...]
July 2, 2010 | Posted in
Loans |
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House, Senate Pass Financial Reform Bill
House and Senate negotiators reached a dawn agreement Friday on legislation that redefines federal oversight of the financial industry and, following the signing of the health care act in March, adds another milestone to mark the Obama presidency.
Read more on KDKA Pittsburgh
House, Senate Pass Financial Reform Bill
House and Senate negotiators [...]
June 29, 2010 | Posted in
Loans |
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A leading UK bank, Lloyds TSB, has announced as at 31 October their Scottish House Price Monitor showed the average property in Scotland dropped in value by 4% in the quarter August to October 2008.
The bank has stated this is the largest fall since their monitoring system was introduced 16 years ago.
However, [...]
June 23, 2010 | Posted in
Mortgages |
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More East Bay buildings in mortgage default
Two prominent office buildings, one in downtown Oakland and the other in downtown Berkeley, have flopped into a mortgage default, the owner of the properties confirmed Wednesday.
Read more on Lamorinda Sun
More East Bay buildings in mortgage default
The default offered ominous evidence that pricing woes and foreclosure ailments still afflict [...]
June 20, 2010 | Posted in
Loans |
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QUICK POLL
WASHINGTON, DC-Two new measures from industry associations–American Institute of Architects Architecture Billings Index and the Mortgage Bankers Associations Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations–add to growing anecdotal evidence that commercial real estate is entering a recovery phase.
Read more on GlobeSt.com
Allegations of wrongdoing common in bankruptcy
By Suevon Lee Staff Writer The way the allegation [...]

Senate lets Fed retain oversight of smaller banks
The Senate has overwhelmingly voted to let the Federal Reserve retain its supervision of smaller banks. The measure changes a financial regulation bill that would have given the central bank oversight only over large financial institutions.
Read more on AP via Yahoo! News
Developer Files Loan on Thompson & Co. [...]