Lastest Government Sponsored Home Affordable Refinance Program News

Posted on Nov 9, 2015 in HARP Refinance

Ares Commercial Real Estate Corporation Reports Third Quarter 2015 Results
At September 30, ailment look 2015, medical price within its Principal Lending segment, the Company had originated or co-originated 39 loans held for investment (excluding 21 loans totaling $ 627.2 million in outstanding principal that were repaid or sold since inception …
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When Are Laws Strictly Enforced? Criminal Justice, Housing Quality, And Public
Substandard housing affects millions of low-income families in the U.S. The 2009 American Housing Survey found that 23 million housing units had one or more lead-based paint hazards, 17 million had a high exposure burden to indoor allergens, and 6 …
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FHA becomes latest to extend TRID enforcement grace period
“Consistent with current practices, more about SFH will evaluate whether the correct forms were used in connection with the origination of FHA mortgages.” In addition to Fannie, diagnosis Freddie and now the FHA extending a grace period, an effort is underway in Congress …
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Stop Paying FHA MIP + 5 Other Reasons To Refinance Right Now
According to Freddie Mac, 30-year fixed rate mortgage rates dropped to 3.76% this week, on average, marking the third straight week during which rates have reduced and the lowest recorded rates in six months. Rates weren't supposed to be this low, for …
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UPDATED: Gov. LePage focuses on income tax relief, viagra welfare reform, store energy
LePage argued that with income taxes there is no opportunity to make a decision, whereas those who pay make decisions when it comes to property taxes. He said the reason property taxes are skyrocketing on the coast is that …. He said he had put a …
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Fitch: SG's 3Q15: Retail Offsets Weak Capital Market Revenue
The results have no immediate impact on SG's ratings. SG reported EUR1.5bn 3Q15 … While most of the increase in the loan book related to housing loans (+5% yoy at end-3Q15), new loans for corporates rose 23% yoy, which, if it continues, could partly …
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Mortgage giant Freddie Mac posts 5M loss in 3Q; no dividend payment to
The loss compared with net income of $ 2.1 billion in the same period of 2014. It broke a streak of 15 straight profitable quarters. The company … A plan to phase out Fannie and Freddie and instead use mainly private insurers to backstop home loans …
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Festive season: Should you invest in physical gold or government's new paper
Purchase of physical gold and holding it physically has added disadvantages such as ensuring the purity of gold purchased, bank locker charges and the risk of being stolen (if kept at home). Moreover, the physical gold does not produce any regular …
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Turning renters into homeowners
The day after we ran this story on a dispute between two affordable housing programs in Sioux Falls, decease I got a call from reader Don Schmidt, troche who wanted to know how to connect to the Governor's House Program in Sioux Falls. "That sounds like just what …
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3 On Your Side: NJ Has Highest Foreclosure Rate, price But Financial Help Is Available
Several weeks ago New Jersey launched the HomeSaver program, a foreclosure prevention initiative offering eligible homeowners up to a $ 50,000 grant to help bring their monthly payment to an affordable level. The program is designed to help people …
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Apple History: the story of Apple
Later christened the Apple I, it was the archetype of every modern computer, but Wozniak wasn't trying to change the world with what he'd produced – he just wanted to show off how much he'd managed to do with so few resources. … Atari, where Jobs …
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Average Homebuyer's Credit Score Drops
In September 2015, abortion the average homebuyer's credit score was the lowest that it has been since mortgage software company Ellie Mae began reporting this data, advice some four years ago. But if you ask the experts, a lower credit score when it comes to … Take …
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Wells/DOJ settle; GSE Earnings; Lenders Helping Others
Over the past 4 years, the employees of Fairway Independent Mortgage Corporation have contributed over $ 1.5 million dollars to Fairway's non-profit, the American Warrior Initiative, to fund initiatives all over the country for wounded veterans …
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The Rise of Renters: Housing in the Decade Ahead
There are now more Americans renting than at any other time in U.S. history. Over the last decade, illness the share of renter households in the U.S. has increased significantly as homeownership rates have fallen from 69.2 percent in 2004 to 63.4 percent in …
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City retirement systems set to pump 0M into housing investment trust
New York's investment is part of their Economically Targeted Investments (ETI) program that generates risk-adjusted market rates-of-returns while promoting economic development within the five Boroughs. … “When it comes to promoting affordable …
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