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Buyers who make all the right moves are taking advantage of lowest interest rates
Billings Gazette, Mont.U.S. Air Force retiree Mike Getlinger and wife, Kim, have hit the homeowner triple lottery: three mortgages in 11 years, all at historic lows of 5 percent or less. In 2002, the Getlingers bought their first home in South Carolina with a 3.78 percent,...Tags: Federal Housing Administration, U.S. Air Force, Rentals, Banking, Money and Monetary Policy
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Bay Area firm's idea to lift underwater homeowners to positive equity loses steam
The Sacramento BeeA year ago, with the real estate market still in a deep slump, a San Francisco firm caught the attention of officials in California and elsewhere with its novel idea of using eminent domain to seize underwater mortgages in order to reduce the amount...Tags: Financial and Business Services, Chicago Mortgages, Mortgages, Real Estate, Finance
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New top Realtor sees a rebound, but full recovery years away
Washington TimesAs a Realtor in Orange County, California, Gary Thomas lives at the epicenter of the last decade's epic housing boom and bust that is only now beginning to release the economy from its withering grip. It was in that county and the broader Los Angeles...Tags: Federal Housing Administration, Financially Distressed Companies, Mortgages, Real Estate, Taxation
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Treasury gears up to buy time under reimposed debt cap
ReutersWASHINGTON (Reuters) - The Obama administration on Friday notified Congress it was prepared to take a series of steps to free up about $260 billion so it can keep paying the nation's bills once a temporary suspension in the government's debt ceiling...Tags: U.S. Department of the Treasury, National Government, Government, Jack Lew, Government Debt
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Obama budget cuts deficit $1.1 trillion over decade: CBO
ReutersWASHINGTON (Reuters) - Near-term U.S. deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office this week but $1.1 trillion lower than what it estimates over the coming decade, CBO said...Tags: U.S. Department of the Treasury, U.S. Senate, Gross Domestic Product, Government Debt, Public Finance
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Federal Housing Administration, The Washington Post, Mortgages, Real Estate, Finance
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FACTBOX-U.S. Treasury's tools to delay hitting debt limit
ReutersMay 17 (Reuters) - U.S. Treasury Secretary Jack Lew on Friday announced a series of steps the Obama administration is prepared to take so it can keep paying the nation's bills once a temporary suspension of the cap on the U.S. government's debt expires...Tags: Japan Earthquake and Tsunami (2011), U.S. Department of the Treasury, Civil and Public Service, Securities, Jack Lew
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When short sales leave sellers short
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a...Tags: Federal Housing Administration, Financial and Business Services, Consumers, Mortgages, Real Estate
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ANALISIS-Baja en déficit presupuestario se suma a optimismo sobre activos de EEUU
ReutersPor Steven C. Johnson NUEVA YORK (Reuters) - Las compañÃas estadounidenses están contratando a más trabajadores y los precios de las casas, el mercado bursátil y la producción energética están subiendo. Sin embargo, una repentina reducción...Tags: S&P 500, Freddie Mac, Stock Market
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Fed buys $17.3 billion of mortgage bonds, sells $2.2 billion
ReutersNEW YORK (Reuters) - The Federal Reserve bought $17.3 billion of agency mortgage-backed securities from May 9 through May 15, a tad less than the $17.8 billion it purchased last week, the New York Federal Reserve Bank said on Thursday. In a move to...Tags: Federal Reserve, Mortgages, Securities, Central Bank, Derivative Securities
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Bond guru Gundlach of DoubleLine goes prime time
ReutersNEW YORK (Reuters) - Bond investor and co-founder of DoubleLine Capital LP, Jeffrey Gundlach fancies himself as more than just a fixed-income guru, making successful predictions on everything from shares in Apple Inc. to Japan's Nikkei stock market...Tags: Nikkei, Money and Monetary Policy, Federal Reserve, Mortgages, Morningstar Incorporated
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It's 1973 all over again
Victor Davis HansonIn Barack Obama's 2008 presidential campaign, he ran to the left of Hillary Clinton as a moral reformer. Obama promised to transcend the old politics and bring a new era of hope-and-change transparency to Washington. Five years later, those vows are in...Tags: Television Industry, Harry Reid, ABC (tv network), Taxation, MoveOn
May 19, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Reuters
May 18, 2013
|Story| Hartford Courant
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Column| Tribune Media Services
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