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Mortgage Bankers Association stories:
FHA: Wealthy Buyers Qualifying For Guaranteed Mortgages, Despite Depleting Reserves
Nov 21st, 2009 - The Huffington Post
The Internal Revenue Service is giving tax rebates to first-time buyers, and soon to move-up buyers, in a program beset by accusations of fraud. And the government agency that issues mortgage insurance...Homeowner blues: 92500 Minnesotans facing foreclosure
Nov 20th, 2009 - StarTribune
Economists say the recession is over, but tell that to the 92,500 Minnesota homeowners who are facing or are in foreclosure. The Mortgage Bankers Association announced Thursday that 6.98 percent of nearly 900,000 Minnesota mortgage holders...
Weak economic data send stocks into red
Nov 20th, 2009 - Dispatch
NEW YORK (AP) -- Signs of a subdued economic recovery sent investors out of stocks yesterday and in search of safer assets such as the dollar. Major indexes tumbled about 1 percent...
Problem mortgages hit new high at 14 percent
Nov 19th, 2009 - Washington Post
More than 14 percent of borrowers were in trouble on their mortgage during the third quarter, a new record, according to an industry survey released Thursday, which also...
Foreclosures hitting more people with good credit
Nov 19th, 2009 - sacbee
Foreclosures hitting more people with good credit WASHINGTON (AP) - The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes...



