Tag Archives: Home Lenders

Beyond the Numbers, Confidence Returns to Housing

While first-timers are getting more interested, current homeowners are getting less interested, according to the Campbell survey. Meanwhile investor interest in housing rose to a four-month high, accompanied by a rise in sales of distressed properties. Investors, who largely buy … Continue reading

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Defying Gravity: Miami Condos Flying High Again

These cash-heavy buyers are allowing developers to require anywhere from 20 to 80 percent down, which appeases bank and private lenders alike. “It’s much smaller inventory, which is holding the price point, and further, the deposit structure is much more … Continue reading

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Housing Foreclosures Start to ‘Flare-Up’ Again

In California, foreclosures slowed dramatically last year due to a new law designed to protect homeowners, the California Homeowner Bill of Rights, and due to the $25 billion National Mortgage Settlement with mortgage servicers over so-called “robo-signing” foreclosure paperwork fraud. … Continue reading

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No Money? No Worries. Home Lenders Ease Rules

The only low down payment loan left was through the Federal Housing Administration (FHA)—the government’s loan insurer. The FHA took on a huge share of the market, far more than it was ever meant to, and while that helped prop … Continue reading

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