Many borrowers missed an opportunity to take advantage when rates dropped sharply for a brief period when the GSEs (government-sponsored enterprises) were placed under conservatorship," said Orawin Velz, MBA's associate vice president of economic ...
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Liverpool FC co-owner George Gillett is trying to refinance $75 million of personal debt that pledges his interest in the soccer team as collateral, according to sources familiar with the situation. The money is due late next month unless the three ...
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WASHINGTON (AP) - If you're looking for a mortgage, Uncle Sam may be the only game in town. The government has already increased its share of the mortgage market to around 90 percent from around 55 percent last year as Wall Street licks its wounds ...
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MIAMI (AP) -- Mortgage rates fell for the second day in a row Wednesday, and could be heading toward levels home buyers and owners haven't seen this year. That drop is what the Federal Reserve was aiming for when it announced a plan Tuesday to buy ...
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WASHINGTON - If you want to buy in today's housing market, you may not be able to seal the deal or get a loan, unless you have cash and good credit. You need cash to close the deal. The days of zero-down are gone. That's the new reality of the ...
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Washington - When Steve Preston took over as secretary of the Department of Housing and Urban Development this summer, he inherited an agency tainted with scandal at a time of intense turmoil in the housing market. The Janesville native had no ...
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ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
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