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Tag Archives: Robert Nusgart

Robert Nusgart: Fannie, Freddie tweaks don’t go far enough

In the midst of another mini-refinance boom (thanks to the Greek government — again), Fannie Mae and Freddie Mac have announced that they have extended their Home Affordable Refinance Program through the end of 2013. Those good souls at the ...

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Robert Nusgart: As lenders pull back, consumers lose options

Amid all off the hoopla about falling mortgage interest rates that has spawned another refinance boom for homeowners comes news that two of the nation’s largest lenders are backing away from the mortgage industry. This month, Bank of America announced ...

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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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Robert Nusgart: Volatility sends mortgage rates even lower

Amazing. Just amazing. The last week in the mortgage industry has been a series of wild swings of ups and downs that has culminated in a furious wave of phone calls and emails to borrowers and homeowners to get them ...

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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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Robert Nusgart: Feds getting new good-faith estimate right

Finally, they might be getting it right. As a part of the sweeping changes to the mortgage industry, the federal government about two years ago stepped in and decided to redesign the good-faith estimate form that all lenders are required ...

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Robert Nusgart: Home prices, rates, loan limits moving lower

This week we learned that mortgage rates are moving lower, housing prices nationally are moving lower and FHA loan limits are gearing to move lower. So all mixed together, what does it mean as we head into summer? Obviously, low ...

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