Daily Archives: June 18, 2012

Lawmakers Pound Away on Plan to Streamline Refinancing

Posted by kpanchuk on 6/18/12, HousingWire.com The U.S. Senate Banking Committee is trying to make a deal on amendments that would allow a bill focused on streamlining refinancings through the Home Affordable Refinance Program viable on the floor. The bill … Continue reading

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Delinquent Homeowners More Negative than Underwater Group: Survey

06/15/2012 By: Esther Cho, DSNews.com Delinquent borrowers who responded to Fannie Mae’s National Housing Survey for the first quarter of 2012 expressed more negative viewpoints toward homeownership and paying their mortgage compared to underwater borrowers and those who have seen … Continue reading

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Breaking: FHA Rescinds $1,000 Credit Dispute Rule

BREAKING: FHA rescinds $1,000 credit dispute rule The Federal Housing Administration rescinded a rule that would have denied financing to potential homebuyers with ongoing credit disputes of more than $1,000, according to an alert sent to lenders. The FHA quietly … Continue reading

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Real Estate Outlook: New Home Sales Rise 3.3%

RealtyTimes.com, June 18th, 2012 New home sales rose during the month of April. This 3.3 percent rise reported by HUD and the U.S. Census Bureau is consistent with predictions of sustained growth through the rest of the year. Full Story: … Continue reading

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