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From AP News  |  2009-06-21 19:29:55
Financial Overhaul Vanilla Mortgages
From AP News  |  2009-06-22 11:12:24
Obama administration says 'plain vanilla' home loans would benefit borrowers

If President Barack Obama gets his way, consumers who take out mortgages would automatically get a "plain vanilla" loan — such as a traditional 30-year fixed-rate mortgage — unless they opted for a riskier variety. Obama's plan to revamp financial regulation aims to protect borrowers from the confusing and high-risk mortgages ...

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From articlesbase.com  |  2009-06-01 00:11:51

Whether you are moving to Australia, or simply ready to buy your first home, you are probably looking for Australian mortgage brokers to help you seal the deal. Australian mortgage brokers can vary widely in quality of service. The most important thing to do is to research. With research, you can make sure that you find the right Australian mortgage ...

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From consumeraffairs.com  |  2009-04-23 16:02:02
Attorney General promises "zero tolerance" for fraudsters

Missouri Attorney General Chris Koster has announced a "zero tolerance" campaign against mortgage scams and has filed lawsuits against two businesses that sent allegedly misleading direct-mail advertisements for mortgage refinancing to consumers. The two lawsuits follow a similar lawsuit Koster filed against a California-based mortgage broker doing business in Missouri, as well ...

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Mortgage brokers do the legwork for you

Victoria Times-Colonist, Canada 7/4/2009 11:11:12 AM

Who are mortgage brokers and who do they work for? The question is one I hear a lot these days.. . Here in Canada, about 25 per cent of mortgages...

USDA recognizes top lenders in Louisiana

Times-Picayune, New Orleans 7/2/2009 8:54:03 AM

USDA Rural Development has recognized the top five lenders in Louisiana when it comes to providing Guaranteed Rural Housing Loan funds to rural...

New rules frustrate recovery

Atlanta Journal Constitution 7/3/2009 2:59:29 AM

You've got to be kidding" is the howl being heard from mortgage brokers responding to the new underwriting rules.. . The corresponding expletive...

St. Charles offers break to homebuyers

BizJournals 7/1/2009 5:04:12 PM

First-time home buyers and new residents planning to buy a newly constructed home in St. Charles County can receive $1,000 in closing cost ...

Refinancing rules eased further at Fannie, Freddie

Boston Globe 7/2/2009 10:34:10 PM

Fannie Mae and Freddie Mac will begin refinancing mortgages with loan-to-value ratios of as much as 125 percent as the Obama administration seeks ...

In changing real estate market, bank on these four constants

Chicago Tribune 7/4/2009 3:34:45 PM

Much has changed in the world of real estate over the past 18 months.. There are new tax credits, tax deductions and tax laws relating to short...

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