mortgage industry

mortgage industry

News and info on the mortgage industry, including updates on the mortgage crisis as well as information on how to protect you land and assets.

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Rates on 30-year mortgages fell below 6 percent this week, recording the first decline in three weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.94 percent this week, down from 6.10 percent last week.  
From katu.com ()
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From October 9th, 2008 to December 31st, 2008 Homexpress Lending will offer a $500 discount off the closing fees for an FHA Reverse Mortgage in the State of Florida.  
From topix.com via Topix. ()
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The subprime mortgage collapse has triggered a wave of class actions by angry shareholders who allege that Fannie Mae, Freddie Mac and underwriters cloaked the true financial health of the two mortgage giants, both now under conservatorship with the U.S. Treasury Department, to boost stock...  
From law.com ()
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30-year mortgage rate below 6% - Chicago Tribune 100 Mortgages 30-year mortgage rate below 6% Chicago Tribune, United States - 23 hours ago Freddie Mac, the mortgage company, reported that 30-year fixed-rate mortgages averaged 5.94 percent this week, down from 6.10 percent last week...  
From positivefinanceaustralia.com ()
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Oct. 11 (Bloomberg) -- Federal regulators directed Fannie Mae and Freddie Mac to start purchasing $40 billion a month of underperforming mortgage bonds as the Bush administration expands its options to buy troubled financial assets and resuscitate ...  
From search.live.com via Windows Live. ()
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Baltimore's Legg Mason Capital Management, the namesake money manager's subsidiary run by Bill Miller , has sold its entire stake in mortgage giant Freddie Mac , which was taken over by the government last ...  
From topix.com via Topix. ()
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Idaho Attorney General Lawrence Wasden is negotiating with Countrywide Financial Corporation to participate in an $8.4 billion agreement to help borrowers with sub prime mortgages.  
From idahostatesman.com ()
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Staff writer Zachary A. Goldfarb reports on the interesting contortions federal regulators went through to describe the capital condition of mortgage finance giants Fannie Mae and Freddie Mac just before they were taken over by the government. Here's his full story; you decide if there aren't...  
From blog.washingtonpost.com ()
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On the October 8 broadcast of his nationally syndicated radio show, host Neal Boortz baselessly suggested that Rep. Barney Frank (D-MA), whom he referred to as a "scoundrel," allowed his relationship in the 1990s with Herb Moses, a Fannie Mae official at the time, to improperly influence his...  
From mediamatters.org ()
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Michael Shotnik Mortgage Banker Denver, CO Link: denver1stmortgage.com FHA Down Payment Confusion With new FHA changes (HR 3221) taking affect on October 1st there has been a lot of confusion regarding the down payment required for FHA loans. A lot of realtors were informed that start...  
From denver.yourhub.com ()
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