Recent reports have shown that consumers hoping to get a new mortgage or remortgage to a better deal are facing very bleak prospects, as more and more lenders take action to try and actively cut back …

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The National Association of Home Builders (NAHB) applauded the Office of Federal Housing Enterprise Oversight (OFHEO) for its decision not to decrease conforming loan limits from the current level of $417,000 in 2009 and subsequent years. “OFHEO’s decision to reverse a proposal to establish new guidelines that could have resulted in lower conforming loan limits in future years is welcome news for the housing sector,” said Jerry Howard, executive vice president and CEO of NAHB. “With housing in

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Here’s yet ANOTHER Bush administration bigwig who is resigning to — no joke — spend more time with his family. But there is a teensie-weensie bit more to it than that: Housing and Urban Development Secretary Alphonso Jackson resigned today amid a criminal investigation into favoritism in awarding HUD contracts that critics said was blunting the agency’s effectiveness in dealing with the subprime mortgage mess. “There comes a time when one must attend more diligently to personal and family mat

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Members of Rhode Island’s congressional delegation yesterday said they support a further boost to the U.S. economy in the form of direct help with mortgage refinancing and additional benefits to American workers.

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Here’s yet ANOTHER Bush adminstration bigwig who is resigning to — no joke — spend more time with his family. But there is a teensie-weensie bit more to it than that: Housing and Urban Development Secretary Alphonso Jackson resigned today amid a criminal investigation into favoritism in awarding HUD contracts that critics said was blunting the agency’s effectiveness in dealing with the subprime mortgage mess. “There comes a time when one must attend more diligently to personal and family matt

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THE MAN WITH ALL THE TEXAS TIES UNDER FIRE! HUD Secretary Alphonso Jackson, his tenure tarnished by allegations of political favoritism and a criminal investigation, announced his resignation Monday amid the wreckage of the national housing crisis. He leaves behind a trail of unanswered questions about whether he tilted the Department of Housing and Urban Development toward Republican contractors and cronies. The move comes at a shaky time for the economy, with soaring mortgage foreclosures imp

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KKR Financial Holdings LLC announced today that it has entered into an agreement with the holders of the secured liquidity notes, also known as commercial paper, issued by the two asset- backed conduits sponsored by KKR Financial Corp. .

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Hey guys, I never seek any type of advice from TF in general as I find most “advice” given in a lot of the forums here to be shaky, at best. However, this forum seems to have members that are on a different level so to speak. I have a question about the possibility of renogotiating the interest rate with my mortgage lender. Now, I am in no financial trouble whatsoever and are not behind on any payments but I would love to be able to save a few bucks on my monthly payment. I have looked at the

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WASHINGTON — HUD Secretary Alphonso Jackson, his tenure tarnished by allegations of political favoritism and a criminal investigation, announced his resignation Monday amid the wreckage of the national housing crisis. He leaves behind a trail of unanswered questions about whether he tilted the Department of Housing and Urban Development toward Republican contractors and cronies. The move comes at a shaky time for the economy, with soaring mortgage foreclosures imperiling the nation’s credit m

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The Division of Real Estate has taken enforcement actions against two Colorado mortgage brokers involved in an alleged mortgage fraud scheme in Denver, the Department of Regulatory Agencies said today.

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