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Fannie Mae Posts Another Huge Loss Fannie Mae on Friday posted a much larger-than-expected second-quarter loss and slashed its dividend more than 85 percent to preserve capital as home loan defaults accelerated in the bleakest housing
Mortgage lending growth slows (Reuters.co.uk) Underlying mortgage lending rose by 4.3 billion pounds in October, compared with a downwardly revised 4.7 billion pounds in September and slightly below the 4.4 billion average over the past
Many Immigrant Communities Use 'Esos' to Pool Savings When Thamara Labrousse wanted to save up the down payment for a home, she could easily have gone to the bank to deposit part of every paycheck she earns as
Pending Sales Index Slides Pending home sales, the leading indicator for the housing sector, are continuing to ease, according to the National Association of Realtors .read more...
Confused by all the Mortgage Options? Here's Help (Hornell Evening Tribune) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Fixed Rate Home Mortgage Loans Still the Better Option Over Adjustable Rate Mortgage Loans, Says The Mortgage Store ... (PRWeb via Yahoo! News) A special report from The Mortgage Store Online (TMSO) concludes that although fixed mortgage rates for home loans in Canada have risen for the third time in the last