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Obama administration bolsters homeowner lifeline - Reuters
BloombergObama administration bolsters homeowner lifelineReutersBy Margaret Chadbourn | WASHINGTON (Reuters) - The Obama administration, in an election-year bid to help distressed homeowners, on Friday expanded its main foreclosure prevention program, and pushed for Fannie Mae and Freddie Mac to forgive mortgage ...Obama Administration Expands Aid for Delinq […]
The 95% mortgage is back - The Guardian
The GuardianThe 95% mortgage is backThe GuardianFive years ago there were more than 800 different 95% mortgages available to first-time buyers. When the financial crisis struck, they disappeared from lenders' shelves almost overnight. But the first few weeks of 2012 are seeing a surprise turnaround ...Why it's a good time to buy a homeToronto StarT […]
Mortgage modification program will be extended for 1 year, expanded for ... - Washington Post
Chicago TribuneMortgage modification program will be extended for 1 year, expanded for ...Washington PostThe government will triple the financial incentives for private lenders to reduce the principal amount of mortgages for homeowners at risk of losing their homes. And for the first time, the government will offer incentives for principal reductions to ...M […]

Survey reveals a shift in homebuyer patterns - Chicago Tribune
Survey reveals a shift in homebuyer patternsChicago TribuneThe median income of a homebuyer in Chicago was 10 percent higher, at $103100 in 2010 from $94100 in 2008, likely a reflection of tighter credit standards and the role of investors in the market. But that money went further. The median purchase price ... […]
3 charged in tax fraud scheme using stolen IDs - San Francisco Chronicle
3 charged in tax fraud scheme using stolen IDsSan Francisco ChronicleInternal Revenue Service spokeswoman Linda Lowery says the men claimed to be tax preparers to gather identifications and use them to falsely claim the $8000 first-time homebuyer credit. Thirty-six-year-old Thomas Marshall, 41-year-old Michael Williams ...and more » […]
Wells Fargo Launches $23M Homeownership Programs - Mortgageorb
Wells Fargo Launches $23M Homeownership ProgramsMortgageorbIn support of that effort, Wells Fargo has set mortgage purchase lending goals totaling $10.5 billion over five years in Los Angeles and $1.3 billion in Atlanta, as well as down-payment assistance and homebuyer program support of $15 million in Los ...Wells Fargo Pilots 'Neighborhood LIFT' […]