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Tips for first-time homebuyers
Published July 10, 2009, 3:25 am, Carteret County News-Times
(ARA) - As temperatures heat up, so does the housing market. "For Sale" signs adorn lawns across the country. But given the current economy, does this mean that it's a good time to buy for first-time homebuyers?
Third of US mortgages insured by gov’t
Published July 10, 2009, 3:17 am, Money Marketing Online
A third of American mortgage applications are currently for loans that are guaranteed by the US government. ...
First Hope associate advances to V.P.
Published July 10, 2009, 12:37 am, The Sparta Independent
Hope At First Hope Bancorp’s annual reorganization meeting, the Board of Directors approved the advancement of Jeanne DeGroot to vice president - mortgage underwriting manager.
Bank considers pumping billions more into economy
Published July 9, 2009, 10:55 pm, Guardian Unlimited
• Rates left at historic low of 0.5% • Some economists call for more quantitative easing The Bank of England disappointed the City today by putting off until next month a decision about whether to expand its policy of printing money to boost the flagging economy . Government bond prices fell sharply as dealers had expected the Bank's monetary policy committee to announce another £25bn of ...
Declining mortgage rates sign of stumbling economy
Published July 9, 2009, 9:23 pm, The Nashua Telegraph
The benchmark 30-year, fixed-rate mortgage fell 11 basis points, to 5.59 percent, according to the bankrate. com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.4 discount and origination points. ...
Market Share of Government-Insured Mortgages Rises to 36%
Published July 9, 2009, 3:13 pm, Builder Magazine
June level is highest since 1990, according to association.
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Involving Mortgage Pass-Through Certificates of ...
Published July 9, 2009, 1:50 pm, Business Wire via Yahoo! Finance
SAN DIEGO----Coughlin Stoia Geller Rudman & Robbins LLP today announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of all persons or entities who acquired the Mortgage Pass-Through Certificates of Structured Asset Mortgage Investments II Inc. pursuant and/or traceable to a false ...
MBA - Government-Insured Share of Mortgage Applications Highest Since 1990 at 36%
Published July 9, 2009, 1:44 pm, RISMedia Real Estate News
RISMEDIA, July 10, 2009-The government-insured (FHA and VA loans) share of mortgage applications was 35.9% in June 2009, the highest level since November 1990, according to the Mortgage Bankers Association. Based on data from MBA's Weekly Mortgage Applications Survey, the government-insured share jumped from 25.7% a month earlier and 27.0% in June ...
First Hope Bank associate Jeanne DeGroot advances
Published July 9, 2009, 1:13 pm, The Warren Reporter
Jeanne DeGroot HOPE -- At the First Hope Bancorp annual reorganization meeting, the Board of Directors approved the advancement of Jeanne DeGroot to Vice President--Mortgage Underwriting Manager. DeGroot began her career at First Hope Bank as a teller in 1995....
Government-insured mortgages skyrocket
Published July 9, 2009, 12:01 pm, Wichita Business Journal
The number of mortgage loans insured by the U.S. government jumped to their highest share of total loan applications in nearly 20 years, according to a report by the Mortgage Bankers Association.
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