Have you heard? There are a large number of loans that have been either sold on the secondary market, or the lenders have some how insured themselves against future losses on their 2nd...
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Only 1 in 4 Got Mortgage Relief
Republicans now want to kill HAMP Program that made only a small dent By ALAN ZIBEL And LOUISE RADNOFSKY Sarah Larson had to prove to Bank of America that she wasn’t dead when...
Survey: Gloomy Views Persist on Housing, Economy – WSJ Online
FEBRUARY 28, 2011, 9:35 AM ETBy Nick Timiraos The number of Americans who believe that buying a home is a safe investment continues to fall, according to a new survey on housing...
Why 2011 May Be the End of the Housing Crash
One of many relevant articles or in this case videos testifying as to why now might be a good time to buy a home. I would love to hear your thoughts… There might finally be some...
New Fed Rule for Mortgage Brokers
THIS CHANGES EVERYTHING!!! By LYNNLEY BROWNING – Published: February 17, 2011 STARTING April 1, under a new compensation rule from the Federal Reserve, borrowers who get their...
Investors scoop up foreclosed properties; pending home sales up in California
By Derek Kravitz AP real estate writer Posted February 23, 2011 at 5:11 p.m. WASHINGTON — Home sales are starting to tick up after the worst year in more than a decade. But the...
Mortgages in foreclosure process hit record
Kathleen M. Howley, Bloomberg News – Friday, February 18, 2011 A record share of U.S. mortgages were in the foreclosure process at the end of 2010, matching the all-time high, as...
Rising construction costs could boost new-home prices soon
By Lew Sichelman – February 13, 2011 The overall price for building materials has been rising year-over-year since the summer. That could mean, in the words of one industry...
30% of mortgages are underwater
Foreclosure Fiasco NEW YORK (CNNMoney) — Sometime, somehow, the foreclosure crisis will ease. But probably not anytime soon. Home prices dropped 2.6% nationwide during the last...
Home sales grow, aided by more stable prices
By Les Christie, staff writer February 10, 2011: 11:09 AM ET NEW YORK (CNNMoney) — Home sales volume rose sharply in the final three months of 2010, aided by more stable prices...