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Senators Agree on Funding for Foreclosure Bill
Some of the key Senators involved in the anti-foreclosure homeowner assistance bill currently before the Senate announced that they had reached a bipartisan agreement on a way to fund the bill without using taxpayer dollars, which had been a huge issue an
Foreclosure Rescue Bill Faces More Delays
The mortgage rescue legislation that could help save millions of homes from being foreclosed is yet to be approved, pending final nod from the Congress.
Mortgages Becoming More Expensive
After the mess in the subprime mortgage industry, Fannie Mae has announced several changes that will result to more expensive home loans and stricter lending guidelines.
“Declining home prices, not over” – CEO (Fannie Mae)
According to the CEO of mortgage company Fannie Mae, home prices will likely to continue declining until next year, even by as much as 25 percent.
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Socialism and the End of the American Dream
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