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Efforts in place to deter loan fraudRedlands Daily FactsI'd be willing to bet that the No. 1 cause of the economic debacle that started in the last decade would be attributable to the mortgage meltdown. It was bad mortgages that brought down Lehman Brothers to a great extent, and put insurance giant AIG on ...and more » |
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Foreclosed Americans find way back to homeownershipReutersBy Jilian Mincer | NEW YORK (Reuters) - When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. But less than two years later, in March, ...and more » |
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Romney warns of 'prairie fire of debt'The Last Word"This debt is America's nightmare mortgage. It's adjustable, no-money down, and assigned to our children," Romney warned voters in his first trip back to the Hawkeye state after briefly being declared the winner of the Iowa caucuses.and more » |
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The Window of Mortgage Opportunity Has OpenedPatch.comBy Rob McNelis Mortgage rates were down on average last week. This represents a second week of falling home loan pricing, with 30-year fixed and 15-year fixed programs setting new records for low mortgage rates. Now this week starts off with the ...and more » |
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Federal refinancing program boosts bank profitsSeacoastonline.comBut the revisions to the Obama administration's three-year-old Home Affordable Refinance Program have yielded mixed results for homeowners, analysts and mortgage professionals say. Some responsible homeowners are indeed getting lower-interest loans ...and more » |
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With Mortgage Rates so Low, How to Swing a Refi?Fox BusinessA cash-in refinance is for borrowers who have little to no equity. They bring money to table to reduce their loan balances so they can refinance. In a cash-out refinance, the homeowner has equity and can borrow more than what is currently owed.and more » |
December 4, 2008
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