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Tag Archives: lenders

Robert Nusgart: Equity line help would lift housing market

The Federal Reserve spoke. The markets listened. And mortgage rates took another nosedive. Yes, mortgage rates have moved to another low point after the Fed on Wednesday basically said that the tough economic times are going to stick around for ...

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Lenders step up foreclosure intent filings

Maryland housing officials say lenders have filed an average of 15,000 intent notices per month against homeowners since January, indicating a new wave of foreclosures may soon hit the state. The disclosure came Thursday after a national report from RealtyTrac ...

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Robert Nusgart: A good week for gamblers, but not mortgage seekers

If you like to gamble, then this was a week especially made for you. With the debt ceiling debate being batted forth from the House of Representative to the Senate, the financial markets have been in a tizzy. Typically, when ...

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Government faults 3 lenders over mortgage-aid efforts

WASHINGTON — The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they’ve done little to help people at risk of losing their homes. The Treasury Department said Thursday that ...

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Foreclosure activity slows sharply in February

LOS ANGELES — The number of U.S. homes receiving a foreclosure-related notice fell to a 36-month low last month, as lenders delayed taking action against homeowners amid heightened scrutiny over banks’ handling of home repossessions. Some 255,101 properties received at ...

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