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- High home prices making 1 out of 3 homes unaffordable. Prefab homes may be a viable option
- Home prices continue to increase, industry experts optimistic
- Mortgage Cram-downs will Cost Hard-Working Americans
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- New Federal Home Loan Rules are too Much of a Good Thing
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Mortgage Cram-downs will Cost Hard-Working Americans
ItĀ seems that some people in Washington are starting to realize what we in the mortgage business have known for a long time – loan modifications don’t work. Jim Puzzanghera reports in the LA Times this morning that: Federal programs aimed … Continue reading
Posted in Mortgages
Tagged cram downs, Feinstein, loan modifications, luxury reos, luxury short sales
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