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    Dec 13, 2012 |Story| Los Angeles Times
  1. Mortgage rates dip slightly, back to near record, Freddie Mac says

    Fixed mortgage rates eased slightly this week, with lenders offering 30-year loans to solid borrowers at an average interest rate of 3.32%, down from 3.34% last week and near the record low, according to the latest Freddie Mac survey.
    Fixed mortgage rates eased slightly this week, with lenders offering 30-year loans to solid borrowers at an average interest rate of 3.32%, down from 3.34% last week and near the record low, according to the latest Freddie Mac survey. The big buyer and...

    Tags: Mortgages, Real Estate Sales, Money and Monetary Policy, Financial and Business Services, Homes

  2. Dec 13, 2012 |Story| South Florida Sun-Sentinel
  3. Mortgage rates drop: 30-year loan now at 3.32%

    Interest rates on home loans fell this week to near record lows,  Freddie Mac reported Thursday.
    Sun Sentinel
    Interest rates on home loans fell this week to near record lows,  Freddie Mac reported Thursday. Interest rates on an average 30-year fixed rate slightly dropped to 3.32 percent this week after going up to 3.34 percent the week before. Interest rates...

    Tags: Money and Monetary Policy, Finance, Economy, Business and Finance

  4. Dec 11, 2012 |Story| Baltimore Sun
  5. Mortgage settlement: not enough relief

    Almost a year after five big banks signed a $25 billion national mortgage settlement with 49 state attorneys general last February, too few families are getting relief, too many of those getting some help continue to lose their homes to short sales, and we still don't have the data we need to know whether the communities hit hardest by the foreclosure crisis are getting the help they need. To make the settlement fulfill its promise, the banks need to step up the pace of principal reductions, and federal regulators need to do much more to help working families save their homes.
    Almost a year after five big banks signed a $25 billion national mortgage settlement with 49 state attorneys general last February, too few families are getting relief, too many of those getting some help continue to lose their homes to short sales, and...

    Tags: Mortgages, Loans, Barack Obama, Financial and Business Services, Homes

  6. Dec 6, 2012 |Story| Los Angeles Times
  7. HUD Secretary Donovan says he can't promise FHA won't need bailout

    WASHINGTON -- A top Obama administration official said Thursday that he could not guarantee that efforts to shore up a key government housing agency won't save it from needing a taxpayer bailout next year.
    WASHINGTON -- A top Obama administration official said Thursday that he could not guarantee that efforts to shore up a key government housing agency won't save it from needing a taxpayer bailout next year. But Housing and Urban Development Secretary...

    Tags: Mortgages, Real Estate, Parties and Movements, Services and Shopping, Republican Party

  8. Dec 6, 2012 |Story| Los Angeles Times
  9. Freddie Mac says typical 30-year mortgage rate up a hair at 3.34%

    Mortgage interest rates edged higher from record lows this week, with lenders offering the 30-year fixed loan to solid borrowers at an average of 3.34%, Freddie Mac said in its latest survey. 
    Mortgage interest rates edged higher from record lows this week, with lenders offering the 30-year fixed loan to solid borrowers at an average of 3.34%, Freddie Mac said in its latest survey.  Freddie Mac said the typical rate for a 15-year fixed loan...

    Tags: Mortgages, Loans, Money and Monetary Policy, Fannie Mae, Finance

  10. Dec 6, 2012 |Story| South Florida Sun-Sentinel
  11. Mortgage rates increase slightly for 2nd week in row

    Interest rates on home loans nudged upward this week for the second week in a row, but still remain near new historic lows, Freddie Mac reported Thursday.
    Sun Sentinel
    Interest rates on home loans nudged upward this week for the second week in a row, but still remain near new historic lows, Freddie Mac reported Thursday. Interest rates on an average 30-year fixed rate slightly increased to 3.34 percent this week after...
  12. Dec 6, 2012 |Story| Chicago Tribune
  13. Streamlined Illinois foreclosure process gains momentum

    Abandoned, vacant homes could get pushed through the mortgage foreclosure pipeline and into new owners' hands much faster as a result of legislation passed Wednesday by the Illinois Senate. The bill, which heads to Gov. Pat Quinn, could shorten the...

    Tags: Pat Quinn, Illinois Governor, Illinois General Assembly, Foreclosures, Fannie Mae

  14. Dec 3, 2012 |Story| Los Angeles Times
  15. Mortgage-bond sales at highest level since June 2009

    Stoked by government efforts to revive housing, sales of mortgage-backed securities rose in November to the highest level in nearly 3 1/2 years. 
    Stoked by government efforts to revive housing, sales of mortgage-backed securities rose in November to the highest level in nearly 3 1/2 years.  Nearly $176 billion in bonds backed by fixed-rate home loans were issued in November, up from $132...

    Tags: Government, Mortgages, Loans, Finance, Bonds

  16. Nov 29, 2012 |Story| Los Angeles Times
  17. Pending home sales match high set in 2007 on job creation, prices

    Contracts to buy previously owned homes soared 5.2% in October, reaching a high set more than five years ago.
    Contracts to buy previously owned homes soared 5.2% in October, reaching a high set more than five years ago. And index of so-called pending sales hit 104.8 last month, the same level reached in March 2007 and an improvement from 99.6 in September....

    Tags: Real Estate Sales, Consumer Confidence, Homes, Hurricane Sandy (2012)

  18. Nov 29, 2012 |Story| Los Angeles Times
  19. Mortgage rates level off near record low, Freddie Mac says

    Mortgage interest rates edged up a hair from their record lows this week, with lenders offering the 30-year fixed loan at an average of 3.32%, Freddie Mac said in its latest <a title="Freddie Mac rate survey Nov. 29, 2012" href="http://freddiemac.mediaroom.com/index.php?s=12329&amp;item=135356" target="_blank">survey</a>.
    Mortgage interest rates edged up a hair from their record lows this week, with lenders offering the 30-year fixed loan at an average of 3.32%, Freddie Mac said in its latest survey. Borrowers would have paid an average of 0.8% of the loan amount in...

    Tags: Mortgages, Money and Monetary Policy, Finance, Economy, Business and Finance

  20. Nov 29, 2012 |Story| South Florida Sun-Sentinel
  21. Interest rates increase slightly for mortgages, remain near historic lows

    Interest rates on home loans nudged upward this week, but remain near new historic lows, Freddie Mac reported Thursday.
    Interest rates on home loans nudged upward this week, but remain near new historic lows, Freddie Mac reported Thursday. Interest rates on an average 30-year fixed rate slightly increased to 3.32 this week after setting a record low of 3.31 percent the...

    Tags: Money and Monetary Policy, Finance, Economy, Business and Finance

  22. Nov 28, 2012 |Column| Orlando Sentinel
  23. The SEC, from lapdog to watchdog

    WASHINGTON -- In the early days of the Obama administration, I sat in a Capitol Hill hearing room and listened to Harry Markopolos, the whistle-blower in the Bernie Madoff scandal, bemoan the toothless Securities and Exchange Commission.
    WASHINGTON -- In the early days of the Obama administration, I sat in a Capitol Hill hearing room and listened to Harry Markopolos, the whistle-blower in the Bernie Madoff scandal, bemoan the toothless Securities and Exchange Commission. The SEC,...

    Tags: Goldman Sachs Group, Inc., Finance, Bank of America Corp., JPMorgan Chase & Co., U.S. Chamber of Commerce

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