Senate Passes $838 Billion Economic Stimulus Package
The Senate finally passed it’s now $838 billion economic stimulus package today with a 61 to 37 vote with only 3 Republicans voting for it.
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with outstanding customer service to give you a pleasant
experience with your refinance, home equity loan, or new home purchase.
That is the Mortgage Foundation difference.
Give us a chance to prove it to you by clicking "Get Started"
Archive for the 'Uncategorized' Category (Chronologically Listed)
Trying to Find the Best Loan Modification to Prevent Re-Default
According to an article released by Fitch Ratings this morning many U.S. loan servicers are expanding their loan modification programs to include principal reductions to avoid high re-default rates and to provide delinquent borrowers with an incentive to stay current on the new modified mortgage.
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Mortgage Applications On The Rise
The Mortgage Bankers Association announced today that U.S. mortgage applications rose in the last week of January.
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Federal Reserve Releases Statement That Cuts Interest Rates
The Federal Reserve released this statement earlier today.
Posted by Ryan Fiore on Jan 22 2008 under Ben Bernanke, Fixed-Rate Mortgages, Frederick Mishkin, Mortgage Rates, Uncategorized
Interview with Robert Steel, the Undersecretary of Domestic Finance
CNBC this morning had an interview with Robert Steel to discuss the credit crunch. Robert stated that “That we’ve been through a period of pricing and readjustment, and the good news is that there are signs of improvement.”
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Posted by Ryan Fiore on Sep 26 2007 under Uncategorized
Another Mortgage Lender Sings Bad Credit Home Loan Blues
On Thursday, American Home Mortgage withdrew its 2007 earnings forecast and will likely suffer a surprise second-quarter loss as it takes “substantial” charges for soured home loans.
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Posted by Richard Barber on Jul 02 2007 under Uncategorized