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Back in the saddle again!

"Data is not available, but interviews with more than 30 lenders, builders, Realtors and consumers suggest that a growing number of Americans are getting back into the housing market, even though they went through a foreclosure, bankruptcy or short … [Read more...]

Speedy Short Sales?

Really, this sounds like an oxymoron for anyone who has been dealing with short sales. However,  starting June 15, the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, will require both agencies to give short-sale buyers a … [Read more...]

FHA may loosen limits on condo mortgages

Buying or selling condos over the past several years has been a nightmare due to tight restrictions which may change. Current restrictions include: •Non-owner occupancy. The agency requires that no more than 50% of the units in a project or … [Read more...]