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Shift in Mortgage Servicer Concentration
MortgageDaily.comAlthough the three-biggest mortgage servicers reduced their servicing portfolios during the first quarter, a trio of rising stars each added mortgage servicing rights on more than $100 billion in loans to their own portfolios. While overall mortgage...Tags: Banking, Loans, Finance, Economy, Business and Finance, Citigroup Incorporated
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The News & Observer (Raleigh, N.C.), Sarah Nagem column
The News & ObserverWhen Joan and Soloane Brown bought a double-wide mobile home and set it up in the Brayton Park community in 1999, they planned to stay forever. Soloane Brown, 54, built a screened-in back porch and a shed in the backyard. He planted trees. The couple...Tags: House Building, Raleigh, Rentals, Finance, Economy, Business and Finance
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Woman fights to keep house
South Bend Tribune, Ind.A series of setbacks led to a Mishawaka woman's home being sold at a county tax sale, and a St. Joseph County judge is weighing whether she was adequately warned that her house was in jeopardy. Meanwhile, attorneys and judges around the state are...Tags: Accounting and Auditing, Rentals, Unemployment Benefits, Fires, U.S. Supreme Court
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Some lenders venturing out to give mortgages with 3 or 5% down
Six years after the housing market collapsed and credit tightened, some South Florida-based lenders are easing up on the 15 to 20 percent down traditionally required for a conventional mortgage. Tropical Financial Credit Union and The Mortgage Firm...
Tags: Lake Worth, Finance, Economy, Business and Finance, Miramar, Deerfield Beach
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05/13: Progressions
Architecture Shweta Bakshi was hired as an architectural designer for the retail division in Jacobs' Orlando office. Boards of Directors Jeannie Amendola, Walt Disney World Resorts, was reappointed by Gov. Rick Scott to the board of directors for The...Tags: Religion and Belief, Online Advertising, Orlando, Seminole State College, Services and Shopping
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A 1031 exchange gone wrong
Real Estate MattersQ: During the process of completing a 1031 exchange, my mortgage broker told us the day before our 180 day limit for closing on our purchase that our lender didn't approve the development. We worked with this broker for six months, got approved and...Tags: Taxation, Politics, Homes, Services and Shopping, Realty
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St. Louis Post-Dispatch Jim Gallagher column
St. Louis Post-DispatchBack when the Great Recession began, Cary Schneider lost a wife and a job. Because of that, he lost his house, too. He's since replaced all three. His is a tale of loss and recovery, both in love and finance. This being a personal finance column, we'...Tags: Freddie Mac, Federal Housing Administration, Financial and Business Services, Homes, Realty
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Obama nominates Rep. Mel Watt to head Housing Finance Agency
WASHINGTON — President Obama nominated Democratic Rep. Mel Watt to be the top regulator for Fannie Mae and Freddie Mac, moving to replace a career bureaucrat who has been sharply criticized by liberals for not doing more to help troubled homeowners....
Tags: Barack Obama, Elizabeth Warren, Politics, Freddie Mac, Financial and Business Services
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Underwater borrowers getting more time to refinance
Local lenders say they hope a two-year extension of a government-sponsored refinancing program will encourage more participation from underwater homeowners in South Florida. The Home Affordable Refinance Program was set to expire at the end of 2013, but...Tags: Politics, Freddie Mac, Fort Lauderdale, Palm Beach (Palm Beach, Florida), Services and Shopping
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FHA financing attracts larger pool of buyers
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...
Tags: Real Estate, Condos, Federal Housing Administration, Services and Shopping, Real Estate Buyers
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Redfin's valuation tool puts homeowners in driver's seat
For the past six years, the question "what's my home worth" caused homeowners to wince. With some optimism now in the real estate market and more transactions occurring than have in years, Redfin thinks homeowners and potential homebuyers are ready to...
Tags: Homes, Services and Shopping, Real Estate Buyers, Real Estate, Science and Technology
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RPT-FED FOCUS-Fed may keep tapping the mortgage-bond well
Reuters(Repeats without changes to text or headline) * Beyond timing of QE3, debate over which assets to target * Economic benefits from MBS, but Treasury market bigger * Debate could impact decision on asset sales in exit By Jonathan Spicer and Ann Saphir...Tags: Eaton Vance Corporation, Land Price, Federal Reserve, Freddie Mac, Bonds
May 13, 2013
|Story| McClatchy-Tribune
May 13, 2013
|Story| McClatchy-Tribune
May 12, 2013
|Story| McClatchy-Tribune
May 12, 2013
|Story| South Florida Sun-Sentinel
May 12, 2013
|Story| Orlando Sentinel
May 12, 2013
|Column| Tribune Media Services
May 12, 2013
|Story| McClatchy-Tribune
May 2, 2013
|Story| Los Angeles Times
Apr 29, 2013
|Story| South Florida Sun-Sentinel
May 10, 2013
|Column| Chicago Tribune
May 10, 2013
|Column| Chicago Tribune
May 1, 2013
|Story| Reuters
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