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Summer deals from Freddie, Fannie

Jun 26
Posted by Publisher in Hot News

If so, check out the summer sale terms available from two of the largest and most motivated sellers of foreclosed homes in the country Fannie Mae and Freddie Mac. You may know the companies for their troubled mortgage businesses or the financial … (more…)

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The Philadelphia Inquirer Al Heavens column [The Philadelphia Inquirer]

Jun 26
Posted by Publisher in Hot News

The "American Dream" continues to be a nightmare of late or delinquent mortgage payments or foreclosure for millions of homeowners. Yet the idea of homeownership so permeates the American consciousness that even people who have lost their homes say … (more…)

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Democrats have nearly destroyed the economy

Jun 26
Posted by Publisher in Hot News

But the greatest responsibility for the collapse of the housing market and the near "Armageddon" of the American economy belongs to Fannie Mae and Freddie Mac and to the politicians who created and protected them. With a couple of prominent exceptions, … (more…)

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Short sale can be an alternative to foreclosure

Jun 26
Posted by Publisher in Hot News

Today, they owe $122000 on the loan, she said, and they last made a mortgage payment in May 2010. But there's hope. With the help of a real estate agent specializing in short sales, the couple have gotten permission from their lender to sell the … (more…)

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Mortgage Loan Applications Spike 13%, Notes California Mortgage Advisor Sue Drawdy

Jun 26
Posted by Publisher in Hot News

With FHA loans in the low 4% and minimal 3% down payment, the lower end markets are experiencing strength and stabilizing home prices. For more information about the spike in mortgage loan applications, or for information about any of Sue Drawdy's … (more…)

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Sagicor joins mortgage fray

Jun 26
Posted by Publisher in Hot News

For a category classified as commercial and equity loans, the applicable rate is 15.95 per cent, down from 20 per cent. The insurance company said, however, that there were no wholesale adjustments to existing mortgage accounts. … (more…)

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Mortgage Loan Applications Spike 13%, Notes California Mortgage Advisor Sue Drawdy

Jun 26
Posted by Publisher in Hot News

During the week ending June 10, 2011, mortgage loan applications increased an impressive 13.0%, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey. This marks the biggest gain in three months. … (more…)

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Companies in the news

Jun 26
Posted by Publisher in Hot News

The firm, which has provided legal services to the real estate finance and credit industry for more than 20 years, is also part of Fannie Mae's retained attorney network in Michigan and has recently been awarded the Springboard certification. … (more…)

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Summit County businessman buys first home with USDA's help

Jun 26
Posted by Publisher in Hot News

From left: John Kane, his cousin and realtor; Chad Noble, sales manager at US Bank Home Mortgage; Jamie Spakow, housing programs director for Colorado Rural Development; Bryan Stiefvater, mortgage loan officer at US Bank; Kane; and Colorado Rural … (more…)

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