Yesterday, leaders of the National Association of Realtors were in front of the Senate Banking Committee asking them to change the criteria for Federal Housing Administration loans. Instead of maintaining the basic standards for new borrowers, the NAR is asking them to lower them.To me this seems like an act of desperation and foolish to [...]
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NEW YORK Wall Street retreated Wednesday but managed a late-day partial recovery as investors reacted uneasily to Federal Reserve Chairman Ben Bernanke's comments on the economy and news that two Bear Stearns Cos . hedge funds were essentially worthless.
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Despite government calls for tougher regulation in the subprime mortgage market, brokers and lenders don't seem to be getting their guidance from Washington. Instead, they're turning to Wall Street.
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RISMEDIA, July 20, 2007??”To further its international growth in key luxury markets, Sotheby's International Realty Affiliates, Inc. has announced the signing of an exclusive 25-year licensing agreement for Japan with Urban Corporation, a rapidly growing, integrated real estate company. The firm will look to open Sotheby's International Realty offices ...
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| From real estate, engineering to software, it??™sa good quarter for all Indian Express, India - Mumbai: Real estate major DLF on Thursday announced its first quarter results for the financial year 2007-08. While the company registered a consolidated ... |
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Both Fannie Mae and Freddie Mac are tightening up their underwriting guidelines making it tougher to qualify for conventional mortgages (loan amounts $417,000 or less for single family dwellings).? ? ? Some of the most significant change is how borrowers are qualified when using a mortgage with an interest only feature.Fixed Rate Mortgages (ex. 30 year fixed [...]
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RISMEDIA, July 20, 2007??”AgencyLogic, a real estate industry provider of single property Web sites in North America, announced record growth of their PowerSite product for the second successive quarter.? Several key indicators, including new client acquisition, revenue and number of PowerSites sold broke previous records. The most significant growth was ...
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AP - Rates on 30-year mortgages were unchanged this week as a flood of new economic data did not change the general views of financial markets about inflation.
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Tucked into Ohio?s southeast corner lies a densely wooded but thinly populated region of rugged slopes and cool hollows, of spring-fed creeks and cascading waterfalls, known as the Hocking Hills.
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