Have a great weekend.
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California's Discount Foreclosure Sales Point to Housing Bottom |
| Bloomberg |
| As values soared, California gave birth to the subprime mortgage industry that specialized in lending to borrowers with poor or limited credit, ... |
Private Lenders Provide Option for Borrowers |
| Wall Street Journal |
| Typically, borrowers hear about private loans from lawyers, mortgage brokers and real-estate agents. Borrowing and lending opportunities are even sometimes ... |
Hedge funds are buying up delinquent mortgages |
| BusinessWeek |
| Evan Gentry, chief executive of G8 Capital, said the company worked with Sayo for months to help her find a way to refinance the mortgage, but he said it ...
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Home price index falls again |
| Chicago Tribune |
| Stricter loan rules, higher mortgage rates and an increase in foreclosures are making it more difficult for prospective buyers to obtain financing, ... |
How to Shake Off the Mortgage Mess |
| Wall Street Journal |
| By CNBC's count, the federal government has already made roughly $1.4 trillion available to refinance mortgage debt since the housing meltdown began. ... |
Mortgage relief plan can save banks billions |
| San Francisco Chronicle |
| First of all, if banks and mortgage servicers decide they don't want to allow their borrowers to get FHA loans, they don't have to.... |
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