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Stronger economy causes mortgage rate increase
If you're in the market to buy a home, you may not want to drag your feet. Those record low fixed mortgage rates aren't so low anymore. The federal reserve bought billions of dollars in bonds and securities to boost the housing market, which allowed...
Tags: Finance, Financial and Business Services, Real Estate, Services and Shopping, Economy, Business and Finance
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Barriers to homeownership dividing Britain, youth say -survey
ReutersLONDON (Reuters) - Most young Britons say rising barriers to home ownership are dividing the country socially and economically, and one in five has abandoned the dream of ever owning a property, a survey by mortgage provider Halifax said. Over 70 percent...Tags: Finance, Rentals, Economy, Business and Finance
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Investors favor non-agency mortgages, bank loans amid rate rise
ReutersCHICAGO (Reuters) - Money managers touted the advantages of non-agency mortgage securities and bank loans on Thursday on expectations that housing prices will accelerate and interest rates will rise. Yields on non-agency mortgages, which are mortgage...Tags: Federal Reserve, Finance, Chicago Mortgages, Loans, Credit Ratings
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PEOPLE
SOUTH BEND Patricia A. Griffey with Page 1 Benefits, an affiliate of Healy Group, has been certified through The National Association of Health Underwriters' professional development course on the Patient Protection and Affordable Care Act. Griffey is...Tags: Patient Protection and Affordable Care Act, Roseland, Marketing, 1st Source Corp.
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80 years old and underwater
Real Estate MattersBy Ilyce Glink and Samuel J. Tamkin Q: We live in Clayton County, Georgia, where the housing market is still not good. Our home was worth $200,000 in 1999 now it is worth $51,000. We still owe $101,000 on a first mortgage and $19,000 on a second...Tags: Finance, Condos, Chicago Mortgages, Financial and Business Services, Real Estate
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JPMorgan must face lawsuit challenging mortgage fees
Reuters* Judge lets fraud, unjust enrichment claims go forward * Racketeering claims thrown out By Jonathan Stempel June 14 (Reuters) - JPMorgan Chase & Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary...Tags: Justice System, Bank of America Corp., Finance, Citigroup Incorporated, Trials
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Bankers expect less stringent loan rules soon
In recent years, it's been tough for many Americans to qualify for a mortgage loan. Now, there are signs that standards are gradually loosening. The Federal Reserve's newest survey of senior loan officers shows that almost 10 percent of banks have eased...
Tags: Federal Reserve, Politics, Real Estate, Interior Policy, Services and Shopping
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Former Bank of America workers allege it lied to home owners
ReutersBy Michelle Conlin and Peter Rudegeair June 14 (Reuters) - Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments...Tags: Government, Bank of America Corp., Justice System, Finance, Target
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Former Bank of America workers allege lies to homeowners
ReutersSix former Bank of America Corp. employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used these tactics to...Tags: Bank of America Corp., Justice System, Government, Finance, Target
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Refinancing into shorter mortgages appears to grow more popular
WASHINGTON — The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant...
Tags: Federal Reserve, Finance, Retirement Planning Services, Banking, Windsor (Hartford, Connecticut)
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Galewood Crossings at a crossroad
When its sales office opened in 2006, Enclave at Galewood Crossings was touted as an upscale, gated community of almost 200 single-family and multifamily homes built on the largest undeveloped piece of land left within the city limits. Now Chicago...
Tags: Values, Trials, Real Estate, Minority Groups, Defendants
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Homebuyers race to line up mortgage financing
Leisurely looking for a mortgage is a luxury South Florida homebuyers can't afford anymore. Sellers have seized control of the rejuvenated market. Strong competition for a limited supply of homes is forcing buyers to quickly arrange financing or face the...Tags: Finance, Real Estate Agents, Veterans Affairs, Real Estate, Fort Lauderdale
Jun 16, 2013
|Story| WSBT-TV
Jun 16, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 16, 2013
|Story| South Bend Tribune
Jun 16, 2013
|Column| Tribune Media Services
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Allentown Morning Call
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Los Angeles Times
Jun 16, 2013
|Story| Chicago Tribune
Jun 15, 2013
|Story| South Florida Sun-Sentinel
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