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Supreme Court decision could increase fees in real estate deals – latimes.com
In a decision that could have a significant effect on the fees that consumers pay in real estate transactions, the U.S. Supreme Court has ruled that “unearned” fees charged by lenders and other service...
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Mortgages – Help for the Underemployed
ONE of the best ways for homeowners to cut costs is to refinance their mortgage, but qualifying for a new loan that would lower monthly payments can be difficult for those who are underemployed....
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Housing official says FHA could avoid need for bailout
The U.S. Federal Housing Administration will raise fees and implement other “aggressive measures” so it may not need taxpayer money to cover a projected deficit for the first time in the agency’s...
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5 Years Later, Mortgage Market Still Needs Fannie Mae, Freddie Mac
Five years ago this week, the government bailed out housing finance giants Fannie Mae (FNMA_) and Freddie Mac (FMCC_) and placed them in conservatorship. It was the first of many bailouts to follow,...
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FHA Change Adds 2.5 Million Potential Boomerang Buyers Two Years Ahead of...
Up to 2.5 million formerly foreclosed homeowners — or those who sold while in the foreclosure process — could be re-entering the housing market as buyers much faster than anticipated thanks to a recent...
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Housing Scorecard: Homeowner Equity up $3.4 Trillion
he Obama Administration’s January Housing Scorecard, issued jointly by the Departments of Treasury and Housing and Urban Development (HUD) notes that foreclosure starts in 2013 were at their lowest...
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Americans Shut Out of Housing and Mortgages as FHA Fees Jump
After two months of looking for a home to buy, Brittani Kaufman walked into a townhouse under construction in Glen Burnie, Maryland, in April. “This is it,” Kaufman said as she scanned the...
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