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N.Y. Fed May Require Banks to Buy Back Faulty Loans – The Federal Reserve Bank of New York may seek to require banks to buy back its holdings of faulty mortgages and other assets acquired through the rescues of Bear Stearns Cos. and American.
Note to Home Sellers: Leaving Out VA Borrowers is Your Loss – Misconceptions about the VA mortgage process should not keep you from selling to veterans who historically have competitive turn times and the lowest foreclosure rates of all mortgage options.. Note to Home Sellers: Leaving Out VA Borrowers is Your Loss. but VA borrowers as a group aren.
NAR found that 95 percent of all single female buyers needed a mortgage to buy their homes and that it took them an average of 1.5 to 5 years to put together the needed funds. Yet, despite these hurdles, they are succeeding at twice the rate of single males and becoming a powerful presence in the home-purchase field.
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Buying One Home While Selling Another – MortgageLoan.com – Unless you can afford two mortgage payments, at least temporarily, you’re going to have to find a way to juggle things a bit. Fortunately, you have a number of options. Contingent offer. If you can swing it, a contingent offer is one of the most straightforward ways to buy one home while selling another.
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