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The jumbo mortgage is back
by
Jan 4, 2013
Jumbo mortgages, too large to be backed by Fannie Mae or Freddie Mac, were hard to come by after the financial crisis. But in expensive real-estate markets like San Francisco, they're coming back.
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Housing market to gradually move up in 2013
Interview with
Jan 3, 2013
Marketplace Economics Correspondent Chris Farrell says there is one bright economic spot to look forward to in the coming year: the housing market.
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U.S. may expand mortgage refinance program
Interview by
Dec 26, 2012
The Wall Street Journal is reporting that the Obama administration is eying new relief for underwater homeowners. Who stands to gain from the program?
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Groups buy up underwater mortgages, keep families in house
by
Nov 23, 2012
The national foreclosure rate increased by more than 3 percent in October compared to the previous month. Some groups across the country are trying to change that by buying underwater mortgages and keeping families in their homes.
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What's behind the high fallout rate for mortgage contracts?
by
Nov 23, 2012
Some analysts believe home buyers' willingness to take out mortgages might be running ahead of banks' willingness to lend to them. But there are likely other factors at play.
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Rising delinquencies threaten Federal Housing Administration
by
Nov 15, 2012
The Federal Housing Administration's annual report is due out this week, and there's concern that the agency, which insures more than a trillion dollars in mortgages, is in big financial trouble.
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Costco offers home mortgages
by
Nov 14, 2012
Costco hopes getting a mortgage through the big box retailer will bring more customers into the store for the things they'll need to furnish those homes.
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Will new regulations crimp home loans?
by
Oct 25, 2012
Some fear stricter lending and mortgage standards could chill housing market.
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Retiree: Pay for a house outright or carry a mortgage?
Interview by
Oct 12, 2012
One retiree is seeking to sell her house and move. But she wonders whether it would be wiser to pay for a house with cash or carry a mortgage in retirement.
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Fannie and Freddie to allow principal reductions in California
Interview by
Sep 14, 2012
This week, Fannie and Freddie quietly put out some "clarifying language" that could mean a lot to some beleaguered homeowners in California and in other states.
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