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Are GSEs Rethinking Mortgage Principal Write-downs?

March 29, 2012: 

The Federal Housing Finance Agency is reportedly analyzing the feasibility and cost of principal mortgage reductions for some borrowers under a revamped Home Affordable Modification Program. If the FHFA starts granting mortgage write-downs, it would be viewed as a major reverse of course from an agency that has in the past opposed principal write-downs.

Housing Is ‘Awakening From Hibernation,’ Freddie Says

March 29, 2012: 

An improving economy is contributing to a gradual rebound in home prices across the country, according to mortgage giant Freddie Mac’s 2012 Economic Outlook report, released Wednesday. But there is still a way to go in the road to recovery for the housing market, the report noted.

Are You Ready to Be a Cemetery Neighbor?

March 29, 2012: 

Not only are today's home buyers more receptive to living adjacent to cemeteries, say real estate agents, some are even proactively seeking out these locations.

FHA Loan Apps Rise as Borrowers Try to Beat Fee Hikes

March 29, 2012: 

Mortgage applications for Federal Housing Administration loans soared 11 percent from the previous week as borrowers try to rush their applications in to beat the higher FHA costs that will start rolling out on Monday, according to the U.S. Mortgage Market Index report released from Mortech Inc. and Mortgage Daily.

Poll: Renters Want to Buy

March 28, 2012: 

Americans still believe in home ownership, but they’re spooked about the mortgage process, a survey finds. Two-thirds of renters -- across educational and demographic levels -- say they want to purchase a home in the future, according to a quarterly national housing survey of 3,000 Americans conducted by Fannie Mae.

House Subcommittee Considers Duplication in Federal Housing Programs

March 26, 2012: 

The Rural Development Subcommittee of the House Agriculture Committee this week held a hearing on "duplicative federal rural development programs".

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