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US Real Estate
Two Thirds Of Potential Foreclosures Are Prime or FHA Insured - The FED
By
Donna S. Robinson
| September 6, 2011
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Residential Real Estate Industry Cringes As Dodd-Frank Era Begins
By
Donna S. Robinson
| September 4, 2011
The financial regulatory bill known as Dodd-Frank, named for it's two main congressional proponents, Chris Dodd and Barney Frank, has begun to kick in. The bill is more than 1,000 pages in length, and will address virtually every corner of the residential real estate industry. Virtually no one in the industry will avoid the impact […]
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Atlanta Development Authority Announces $50,000 Down Payment Assistance
By
Donna S. Robinson
| September 2, 2011
The Atlanta Development Authority has announced that they have new mortgage funding available beginning September 1st of 2011, until April 15th of 2012. Read the press release here. This new program is funded through the Federal New Issue Bond Program. It aims to make mortgage funding available to home buyers who meet specific qualifications. One […]
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AIG To Sue Bank of America Over High Losses on Mortgage Backed Securities
By
Donna S. Robinson
| August 9, 2011
The New York Times is reporting that AIG is planning to sue Bank of America over losses related to mortgage backed securities. Click Here to read the entire NYT article. But the real essence of this story reaches back to the companies that were originating the mortgages in the first place. Bank of America […]
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Argument Over Eliminating Mortgage Interest Deduction Heating Up
By
Donna S. Robinson
| August 3, 2011
With the federal budget deficit at the top of the congressional agenda, Congress has been making noises about eliminating the Mortgage Interest Deduction,(MID). Some economists who are in favor of eliminating the deduction say it could add some 470 billion dollars to federal government coffers, and would make a significant contribution to deficit reduction, while […]
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Antonio F. Marquez Appointed Chief Real Estate Lender At EagleBank
By
Donna S. Robinson
| July 22, 2011
EagleBank CEO Ronald Paul has announced that Antonio F. "Tony" Marquez has been appointed Executive Vice President and Chief Real Estate Lender for the Bank. Mr. Marquez will be taking on the challenge of expanding Eaglebank's real estate portfolio in today's difficult economic climate. He will be reporting directly to Eaglebank CEO Ronald D. Paul. Marquez […]
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Oregon Foreclosures Tell of Industry Volatility
By
Phil Butler
| June 6, 2011
This recession just will not go away. In foreclosure related news from Oregon, that state's rate of filings just jumped off the scale, reaching a whopping 235% higher for April. With the rest of the country improving slightly in the same time frame, the Oregon numbers clearly show the volatility of the industry still.
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Can’t Afford to Buy - Can’t Afford to Rent
By
Mike Wheatley
| May 16, 2011
According to a report released at the end of last month, a new record high number of renters are spending over 50% of their income on keeping a roof over their heads, says the Harvard Joint Center for Housing Studies. And it’s not just the working class who are feeling the pinch, for many of those struggling are considered middle class.
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