Head of FDIC Supports Loan Write-Downs
Sheila Bair, chair of the FDIC, says writing down principals on mortgages could be an effective way to help underwater home owners.
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Foreclosed Borrowers May Get Loans Again
Home owners who walk away from their houses or are foreclosed upon may be able to get a mortgage again, and sooner than might be expected.
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30-Year Rates Dip Back Below 5 Percent
Average rates for conventional mortgages dropped this week, causing a spike in refinancing activity.
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Is Chinese Real Estate in a Bubble?
Real estate prices have risen drastically in parts of China over the past few years, leading some observers to use the “B” word to describe the market there.
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N.C. Board Affirms Assessments for Lobbying
The North Carolina State Board of Elections upheld a fee charged by the North Carolina Association of REALTORS to help in its legal battle against land transfer taxes.
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Cost of Earthquake Insurance Rises
Recent earthquakes in Haiti and Chile have sparked interest in earthquake insurance. However, the sticker shock has some consumers shaking their heads in disbelief.
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