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3 May 2011
Homeowners who were affected by last week's tornado outbreak across the South may be able to qualify for up to 12 months of suspended or reduced payments on Freddie Mac mortgages, along with other assistance as well.
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21 April 2011
Homeowners can borrow up to $25,000 for home energy improvements under a new FHA home equity loan program announced today.
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15 April 2011
A proposed rule that would require a 20 percent down payment for homebuyers to get the lowest mortgage rates is being heavily criticized by many in the industry, who say it would prevent millions of well-qualified borrowers from buying a home.
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13 April 2011
The Department of Housing and Urban Development (HUD) has agreed to withdraw a controversial rule that could have led to foreclosure for certain surviving spouses of homeowners with reverse mortgages.
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12 April 2011
The credit reporting firm Experian is the target of a California lawsuit that claims the company duped customers by selling them bogus credit scores.
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7 April 2011
The bad news is that fewer mortgage loan modifications were granted to financially pressed borrowers in February.The good news is that fewer homeowners needed them.
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30 March 2011
New mortgage rules designed to promote responsible lending could be so restrictive as to make it difficult for many qualified borrowers to obtain a loan, according to several industry groups.
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25 March 2011
Home prices are likely to continue sliding for two more years, before beginning only a weak recovery in 2013, a major panel of economists is predicting.
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23 March 2011
Though mortgage rates have cooled off recently, expect them to start inching up again soon and continue rising through the rest of the year.
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22 March 2011
After two years of efforts to keep mortgage and other interest rates low, the Treasury Department is beginning to take steps that will likely encourage rates to increase over time.
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8 March 2011
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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8 March 2011
Falling home prices put more homeowners in negative equity in the last quarter of 2010, with the number of underwater mortgages rising to 11.1 million, according to figures released today by CoreLogic.
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4 March 2011
According to FHA Commissioner David Stevens, there are 23 lenders participating in the FHA Short Refinance Program.Finding out if your lender is one of them can be a challenge.
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3 March 2011
The Making Home Affordable anti-foreclosure program has been widely criticized for falling short of expectations, but it seems to have reached a sort of equilibrium recently.
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3 March 2011
Mortgage rates have fallen for a third consecutive week, despite signs of possible inflationary pressures that would normally act to push rates up.
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1 March 2011
Fannie Mae and Freddie Mac may not be going away anytime soon, but the mortgages they back are going to get more expensive over time.
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23 February 2011
E-mails may be legally binding in real estate transactions, if contract terms were offered, a New York court has ruled.
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21 February 2011
New rules designed to limit the fees paid to mortgage brokers and certain other loan originators are getting a second look by House Republicans.
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18 February 2011
Mortgage delinquency rates have taken a sharp drop, even as the percentage of mortgages in foreclosure has hit an all-time high.
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16 February 2011
People who refinance their mortgages are overwhelmingly opting for fixed-rate loans, which made up 95 percent of all refinances in the fourth quarter of 2010.That's due in part to borrowers becoming more conservative in their loan choices since the economic downturn began.
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