Articles About Mortgages
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May 22, 2013Existing-Home Sales Hit Highest Level Since November 2009
Existing-home sales in the United States increased to their best level in more than three years, but the housing market is still dependent on low interest rates and inventory levels.
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April 18, 2013Here’s Why the Government Wants Your Banking Records
Despite objections from banks across the United States, the Consumer Financial Protection Bureau is preparing to monitor the financial activities of million of Americans...
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April 17, 2013Bank of America’s Earnings Disappoint Once Again
Bank of America reported a lower-than-expected first-quarter profit before markets opened Wednesday...
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April 17, 2013Here’s More Good News for the Housing Market
The MBA report is the latest sign that the housing recovery is still in progress...
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April 10, 2013Student Debt Weighs on Graduates Seeking Homeownership
The younger generation, which is more likely to be first-time home buyers, are also seeing troubling rises in the delinquency rates of student loans...
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January 04, 2013Here’s Why the Smartest Hedge Fund Managers Invested in Mortgages
Turning lemons into lemonade, Deepak Narula, founder of Metacapital Management LP, has used Fannie Mae and Freddie Mac, the deeply unpopular and controversial mortgage aggregators that were taken over by the federal government in 2008, to build the world's most successful hedge fund...
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March 22, 2012Home Builders Stumble on New Data
Shadow inventory and rising rates are not a winning formula for housing...
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March 06, 2012Obama Makes Refinancing Easier Than Ever
It should play out well for lenders who will likely gain from increased financing volume...
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February 29, 2012Fannie Mae Wants Another Bailout
Fannie Mae wants another $4.57 billion from the federal government to help cover its growing deficit...
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February 27, 2012Lead Housing Indicator Improves as Jobs Recovery Quickens
More Americans signed contracts to buy homes last month as the economy added jobs at a quicker pace, home prices continued to fall, and borrowing costs remained near record lows...
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February 24, 2012Bank of America Dumps Fannie Mae
Bank of America has announced it will stop selling new home loans to Fannie Mae after a dispute over faulty mortgages...
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February 17, 2012Bernanke: How Easy Money Lending is Affecting Community Banks and the Economy
Bernanke addresses bankers' concerns about the Fed's easy money policies taking a bite out of revenues...
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February 03, 2012Crime Notes: NY Sues Major Banks Over Mortgage Registry, Goldman Faces Class Action
NY AG Eric Schneiderman takes on major banks, while Goldman Sachs has been ordered by a federal judge to face a securities class-action lawsuit...
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February 03, 2012Obama Administration to Shut Down Fannie and Freddie
The Obama administration is working to attract more private funding for mortgage markets while winding down government-backed housing giants Fannie Mae and Freddie Mac...
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January 30, 2012Is Freddie Betting Against Homeowners?
A probe of Freddie Mac revealed that the mortgage insurance giant has situated itself to benefit from banks stonewalling their customers, and has taken steps to make it more difficult for those locked in high-interest mortgages to refinance to lower rates...
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