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Mortgaging hopes
More people believe "it is now a good time to buy a home," says Jim Bryant, a Wells Fargo mortgage consultant. But that doesn't mean they are able to do so. "They come in because they know interest rates are low and they want to buy," Bryant says....Tags: Real Estate Buyers, Finance, The Finish Line Incorporated, Consumers, Financial and Business Services
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BofA settles another mortgage lawsuit but is facing a new one
NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under. BofA agreed to settle a big insurer's claims over faulty mortgage bonds for $1.7 billion Monday. But...Tags: MBIA Incorporated, Lawyers, Lobbying, Insurance, Justice System
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US housing perks up, but too few homes for sale
GRAND RAPIDS, Mich. (AP) — Beth Heinen Bell and her husband, Christian — like a rising number of Americans — are ready to jump into the real estate market and become homeowners. Yet they're running into an obstacle that's keeping the...
Tags: Real Estate Buyers, Real Estate Agents, Realty, Prices, Services and Shopping
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N.Y. to sue Wells Fargo, Bank of America over mortgage practices
NEW YORK -- New York state's attorney general plans to sue Wells Fargo and Bank of America over alleged violations of a national mortgage settlement reached last year. Atty. Gen. Eric Schneiderman's office said Monday it intends to sue the banks for...
Tags: Citigroup Incorporated, Litigation, Bank of America Corp., JPMorgan Chase & Co., Banking
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Mortgage settlement violations persist in California, group says
NEW YORK -- Violations of a landmark mortgage settlement alleged by New York's attorney general are also widespread in California, a housing advocacy group says. “Banks aren’t doing what they’re supposed to be doing to help people stay...Tags: Citigroup Incorporated, Investments, Bank of America Corp., Politics, JPMorgan Chase & Co.
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Entering homeownership with eyes wide open
Sitting down in front of a pile of mortgage loan documents to sign at the closing, with a lending officer and maybe a real estate agent at your side, what do you look at first? The eye typically latches on to the simplest things to read, namely the...Tags: Real Estate Buyers, U.S. Consumer Financial Protection Bureau, Consumers, Science and Technology, DePaul University
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Bush deserves the criticism he's getting
When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1). Now I know how people like Michele...Tags: Federal Reserve, Freddie Mac, Politics, Petroleum Industry, Fannie Mae
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Foreclosure fights drag market down
Janet and Paul Arndt fell behind on their bills a couple of years ago after Janet lost her job as an office administrator and Paul had back and neck problems that prevented him from working as a painter. Their Heidelberg Township home went into...
Tags: Bethesda (Montgomery, Maryland), Career and Workplace, Foreclosures, Politics, Bank of America Corp.
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PEOPLE
SOUTH BEND Bradley Co. announces the following additions: Rudy Yakym III is vice president. He will be responsible for building continuity of the brand and business culture strength among all current and future offices. Yakym received a bachelor's...Tags: American Diabetes Association, Career and Workplace, Litigation, Labor Legislation, General Practitioners
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Experts offer tips for financing a college education
Daily American Staff WriterParents of college-age children may be facing a dilemma: Should they take out a second mortgage or withdraw money from their retirement account to pay for college? The decision that they make could have ripple effects on their financial security. "It...Tags: Students, Finance, Colleges and Universities, Teaching and Learning, Economy, Business and Finance
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Monitor credit accounts to catch dings of all sizes
Dear Liz: My husband and I are in the process of refinancing our mortgage. I just received my credit report in the mail, and my score was 724. The report indicated that a delinquency resulted in my less-than-stellar score. When I went to the credit bureau...Tags: Family, Finance, Justice System, Lawyers, Economy, Business and Finance
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Loan underwriters make 'absurd' demands in effort to verify data
Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who...Tags: Religion and Belief, U.S. Department of Veterans Affairs, Finance, Freddie Mac, Fannie Mae
Apr 28, 2013
|Story| Allentown Morning Call
May 7, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Petoskey News
May 6, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Column| Chicago Tribune
May 5, 2013
|Story| Baltimore Sun
May 4, 2013
|Story| Allentown Morning Call
May 5, 2013
|Story| South Bend Tribune
May 3, 2013
|Story| Daily American
May 4, 2013
|Column| Los Angeles Times
May 3, 2013
|Story| Los Angeles Times
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