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Navy Federal Guarantees $7 Billion for Mortgages in 2010
VIENNA, Va., -- Navy Federal Credit Union is pleased to announce $7 billion has been committed to new mortgages for Navy Federal members in 2010, whether they're buying a new home or refinancing.
Read more News Source - dBusinessNews.com
Publish date - 20:55:04 03/08/10

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Bank of America loses out in Broward court finance deal
Bank of America lost out on a role in financing a new courthouse in downtown Fort Lauderdale on Tuesday after Broward County commissioners complained the mega-bank has failed to help people with troubled mortgages and jacked up credit card fees.
Read more News Source - Sun-Sentinel
Publish date - 01:47:39 03/10/10

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Australian Home Loans Drop Most in Nearly a Decade on Rates, Grants
Australian Home Loans unexpectedly fell 7.9 percent in January, marking the largest decline in nearly a decade, after the central bank raised interest rates while the government reduced cash handouts to first-time homebuyers.
Read more News Source - Daily FX via Yahoo! Finance
Publish date - 03:11:54 03/10/10

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Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 21:47:42 03/09/10

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Obama Plan To Modify Second Mortgages Has Yet To Help One Homeowner
What's Your Reaction? Nearly a year after the Obama administration announced a plan to help up to 1.5 million struggling homeowners modify their second mortgages, not a single homeowner has gotten any assistance.
Read more News Source - The Huffington Post
Publish date - 22:00:16 03/05/10

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Preparing for payment shock
Many mortgage borrowers with adjustable-rate mortgages (ARMs) on which the rate has adjusted within recent years are currently enjoying extremely low interest rates. This reflects the unusually low levels of the rate indexes used by most ARMs.
Read more News Source - South Philly Review
Publish date - 16:09:06 03/08/10

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Broward commissioners target Big Banking for role in mortgage crisis
Broward County government is taking on Big Banking.
Read more News Source - Sun-Sentinel
Publish date - 23:54:14 03/09/10

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Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 03:32:35 03/09/10

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County sees highest recorded year for foreclosures
By BEN FORNELL Staff Writer Jan Stout had just closed the 93rd foreclosure file she’s worked on this year when the FedEx man showed up.
Read more News Source - Telluride Daily Planet
Publish date - 17:57:18 03/09/10

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McCue Mortgage still in the family after 60 years
New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year.
Read more News Source - The Bristol Press
Publish date - 11:13:18 03/09/10

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Search FT.com
This article is provided to FT.com readers by Debtwire —the most informed news service available for financial professionals in fixed income markets across the world.
Read more News Source - Financial Times
Publish date - 00:41:11 03/09/10

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Refinancings decline in Mississippi
Last year, record low interest rates drove home refinancing, but Mississippians appear to have hopped off the bandwagon.
Read more News Source - The Clarion-Ledger
Publish date - 07:27:48 03/07/10

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Refinance program extended a year
WASHINGTON — The Obama administration announced last week that borrowers with little or no equity in their homes will have another year to take advantage of a refinancing program that so far has made little progress.
Read more News Source - Everett Herald
Publish date - 08:19:58 03/07/10

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Is Mortgage Refinancing a Loser's Game?
With the average homeowner mortgage lasting well less than 10 years before it is refinanced or paid off, it's no wonder Americans are so lacking in home equity.
Read more News Source - Time Magazine
Publish date - 21:15:01 03/04/10

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Assistant Secretary Michael S. Barr Remarks to the National Council of State Housing Agencies As Prepared for Delivery
I want to thank the National Council of State Housing Agencies for hosting me today. And I want to thank all of the housing finance agencies for being key partners in the Administration's housing initiatives.
Read more News Source - United States Department of the Treasury
Publish date - 20:12:53 03/08/10

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Quicken Loans posted record profits in mortgages, CEO says
Quicken Loans Inc., the home lender founded by Cleveland Cavaliers owner Dan Gilbert, has remained profitable during the mortgage crisis and posted record results in its last fiscal year, its chief executive officer said.
Read more News Source - Asbury Park Press
Publish date - 08:14:31 03/05/10

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Navy Federal Guarantees $7 Billion for Mortgages in 2010
Now Offering 100% Financing Nationwide
Read more News Source - PR Newswire via Yahoo! News
Publish date - 14:09:24 03/05/10

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