News & Commentary: Daily News Articles
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04/11/2013
President Barack Obama once again is calling for a cap on the value of itemized deductions, including the mortgage-interest and property-tax deductions, in his 2014 federal budget request.
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04/10/2013
"Mortgage lenders have been understandably guarded over the past five years. The improvement in their sentiment should be welcome news” for the industry, a FICO spokesman says.
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04/10/2013
Eligible home owners who underwent foreclosure in 2009 and 2010 will start receiving cash payments on Friday ranging from $300 to $125,000 as part of a $3.6 billion settlement over foreclosure mishandlings.
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04/10/2013
Some real estate professionals say these hybrid agencies that combine multiple services can boost foot traffic, while others say they can be a distraction.
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04/10/2013
The General Services Administration is trying to unload a surplus of government buildings across the country through auctions and, most recently, by working with private developers to negotiate land swaps.
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04/10/2013
Mortgage applications rose 5 percent last week as interest rates dropped to their lowest levels since January, the Mortgage Bankers Association reports.
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04/10/2013
The FHA has already taken a number of significant steps to mitigate risk and increase the solvency and strength of the mortgage-insurance fund, but more reforms are necessary, NAR says.
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04/09/2013
“This is not the 2005 market,” economist Rick Sharga, executive vice president with Carrington Mortgage Holdings, told a crowd at the REOMAC 2013 Summit & Expo in Dallas on Monday.
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04/09/2013
Student loans are keeping more potential home buyers from qualifying for a mortgage.
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04/09/2013
The housing recovery is progressing, but a shortage of homes on the market will limit the number of home sales this spring selling season, industry insiders say.
