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12 November 2012
One of the top perks the nation offers its veterans is subsided mortgages through the VA Home Loan Program.And in recent years, demand has been surging.
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11 September 2012
It's gotten a lot easier to refinance an underwater mortgage through HARP.
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4 September 2012
Fannie Mae and Freddie Mac will raise the fees they charge to guarantee single-family mortgages, beginning this fall, the Federal Housing Finance Agency has announced.
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29 August 2012
Major banks provided over $10 billion in mortgage relief to consumers in recent months as part of a $25 billion settlement over foreclosure abuses, the monitor of the settlement reported today.
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27 August 2012
Homeowners facing a job relocation or other hardship will soon be able to qualify for an expedited short sale of their homes, under new federal rules.
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19 July 2012
Homeowners are reporting greater satisfaction with their mortgage servicers, due in large part to better relations with borrowers who are having difficulty meeting their payments.
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6 June 2012
Mandatory loan modifications and a fund to help reduce the principal on underwater loans are part of the price the nation's state attorneys general are seeking from mortgage servicers for settling the robo-signing controversy.
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4 June 2012
Mortgages refinanced under the federal HARP program nearly doubled in the first quarter of the year, following the announcement of new program guidelines last fall.
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5 April 2012
Insurance rates for FHA mortgages are going up, effective Monday.
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22 March 2012
Mortgage rates surged this past week, ending months of lethargy and sending interest rates on 30-year fixed-rate loans above 4 percent for the first time since October.
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21 March 2012
If you've been thinking about buying a home, consider this: In virtually every city in America, it's now cheaper to buy a home than to rent.
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14 March 2012
The two sides of the mortgage market have been headed in opposite directions lately, with applications for home purchase mortgages increasing even as refinance demand has declined.
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5 March 2012
Only 5 percent of underwater homeowners are likely to qualify for mortgage principal reductions under the recent $25 billion foreclosure abuses settlement, an economist with the Brookings Institution has calculated.
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21 February 2012
The recent $26 billion foreclosure abuses settlement has been getting a lot of attention, but time is running out to obtain relief under another action that could potentially help even more former homeowners.
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13 February 2012
Servicemembers who were improperly foreclosed on will receive six-figure settlements as part of a secondary agreement to the $26 billion foreclosure abuses settlement announced last week.
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9 February 2012
A $26 billion settlement that would fund loan modifications and mortgage refinancing for at-risk homeowners was announced today by state and federal officials.
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26 January 2012
A settlement that could produce up to $25 billion in mortgage relief for homeowners is in doubt after it was rejected by the California attorney general, who said the proposed deal doesn't go far enough.
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25 January 2012
A program to help homeowners save $3,000 a year by clearing away obstacles to refinancing was proposed by President Obama in last night's State of the Union address.What isn't clear is how that plan might work.
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12 December 2011
A new proposal floated in Congress last week would tax mortgage borrowers to cover an extension of the payroll tax cut.
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3 November 2011
Fewer homeowners are being approved for the government's mortgage loan modification program these days, but those who are are doing much better than those who entered the program during its early phase.
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