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Tag Archive | "fourth"

Mortgage rates hit 4.56 pct., new record low (AP)

Thursday, July 22, 2010

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AP - Mortgage rates fell to a new record low for the fourth time in five weeks. But low rates haven't been enough to lift a struggling housing market.

Sales of previously occupied homes fall 5.1 pct. (AP)

Thursday, July 22, 2010

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AP - Sales of previously occupied homes fell in June and are expected to keep sinking, indicating that the housing market's troubles are likely to drag on the economic recovery.

Wells Fargo ends non-prime mortgage biz (Reuters)

Wednesday, July 7, 2010

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Reuters - Wells Fargo & Co , the fourth-largest U.S. bank by assets, said on Wednesday it is closing more than 600 Wells Fargo Financial offices and will no longer originate non-prime mortgages.

Investment Property in the Caribbean - Features and Benefits For Investors - Part 4 Quality

Tuesday, July 6, 2010

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This article, the fourth of five parts, deals with the consideration of quality in any Caribbean investment property you are purchasing. But quality goes deeper than just the property, particularly if you are buying in a resort area. There are many aspects which demand the highest quality if your investment property is to appeal to tourists and retain that appeal over time. The benefits of achieving the highest of quality standards will be seen in the rental returns delivered.

10 Cities Facing a Double Whammy of Default Risks (U.S. News & World Report)

Friday, April 23, 2010

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U.S. News & World Report - Nearly four years after the real estate market peaked, an alarming number of Americans remain in danger of losing their homes. A non-seasonally adjusted 15 percent of home mortgages were either delinquent or in foreclosure at the end of the fourth quarter of 2009, according to the Mortgage Bankers Association. That's the highest-ever tally in the history of the MBA's National Delinquency Survey.

GMAC spent $265K on fourth-quarter lobbying (AP)

Tuesday, March 30, 2010

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AP - Struggling auto and mortgage lender GMAC spent $265,000 on lobbying in the fourth quarter, much less than before it received a $17.2 billion government bailout.

GMAC spent $265K on fourth-quarter lobbying (AP)

Tuesday, March 30, 2010

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AP - Struggling auto and mortgage lender GMAC spent $265,000 on lobbying in the fourth quarter, much less than before it received a $17.2 billion government bailout.

Serious mortgage delinquencies jump in Q4 (Reuters)

Thursday, March 25, 2010

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Reuters - Serious delinquencies among U.S. mortgages jumped in the fourth quarter from the previous quarter, led by a sharp increase in serious delinquencies by the most creditworthy borrowers, U.S. banking regulators said on Thursday.

Serious mortgage delinquencies jump in Q4 (Reuters)

Thursday, March 25, 2010

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Reuters - Serious delinquencies among U.S. mortgages jumped in the fourth quarter from the previous quarter, led by a sharp increase in serious delinquencies by the most creditworthy borrowers, U.S. banking regulators said on Thursday.

Principal reduction home loan plan coming soon (Reuters)

Thursday, March 25, 2010

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Reuters - The Obama administration is actively working on a plan to help both jobless workers and those who owe more than their homes are worth and details of the plan are coming "very very soon," a top Treasury official said on Thursday.

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