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National Housing crisis

Obama's campaign promises to homeowners may create more instability

During President Barack Obama's latest campaign tour he's been touting a new round of government tinkering with the housing crisis by...
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A 2011 perspective on home ownership and the American Dream

Years ago when you talked about home ownership being the American Dream, that thought conjured up white picket fences, homes in the suburbs and...
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Unsupervised risky business, greedy homebuyers tanked the housing market

Insufficient regulatory oversight leading to excessive risk taking and homebuyers biting off more than they could chew, spelled doom for the...
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Housing bust withered California's economy, job market

  • California housing
  • October 17, 2010
When housing went down in the Golden State it took Californian jobs and a chunk of the economy with it.The bust has cost the Golden State hundreds...
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Yield spread premiums make endangered loan-fee species list

Newly-approved federal regulations target a mortgage brokerage and origination practice that experts say contributed heavily to the mortgage...
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Mortgage modification makers sloppier than mortgage originators

If you thought it was tough getting up to snuff on the mortgage application process, wait until you try plodding through the mortgage modification...
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Rate of homeownership nears 11-year low

Revealing the lingering effects of the housing market's hangover, the level of homeownership in the second quarter this year sank to its lowest...
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Housing's fire sale continues

As of July 1, 25 percent of listings on the market, experienced at least one price reduction, as sellers went after buyers with a vengeance. That's...
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Landmark consumer protection law heavy with strong mortgage rules

President Obama recently signed the landmark H.R. 4173: Restoring American Financial Stability (RAFS) Act of 2010 which, in part, eliminates many...
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Homebuyers have no regrets

The Great Recession may have drained the equity from millions of homes, but when it comes to making what's often the greatest purchase of all, the...
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