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Viewing by month: September 2011

Sep 30 2011

Fed moves, economic worries send mortgage rates to new lows...

Applications for purchase loans roughly flat despite cheap loans

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38 comments - Posted by Suzanne Baker at 4:30 PM - Categories:

Sep 28 2011

When Investing in Foreclosures, Turn-Key is key

 
CNBC.com
Phillip Carter of Texas Cash Cow Investments.

It was just hitting 105 degrees in Dallas when Phillip Carter herded a group of Australian investors onto a bus and headed out to see some previously foreclosed properties. Cowboy to cowboy, Carter tells them the Dallas market is ripe for profit, as rental demand surges and rents head higher.

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36 comments - Posted by Suzanne Baker at 1:07 PM - Categories:

Sep 27 2011

Consumer Confidence Essentially Unchanged

Consumers' confidence in the economy remained weak in September after dropping to a post-recession low during the month before as Americans continue to worry about high unemployment and low wages.

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32 comments - Posted by Suzanne Baker at 4:30 PM - Categories:

Sep 25 2011

Federal Housing Finance Agency Under Inspector's Fire

FHFA
Getty Images

Given that the conservator of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency (FHFA) has been wielding incredible power of late in deciding how much the two mortgage giants can and cannot charge in guarantee fees...

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483 comments - Posted by Suzanne Baker at 12:48 PM - Categories:

Sep 22 2011

US Home Builder Outlook Worsens in September

The National Association of Home Builders said Monday that its index of builder sentiment in September fell to 14 from 15. The index has been below 20 for all but one month during the past two years.

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40 comments - Posted by Suzanne Baker at 4:12 PM - Categories:

Sep 16 2011

Consumer Confidence Ticks Up In September...

(09-16) 07:25 PDT WASHINGTON, (AP) --

Consumers were slightly more confident in the economy in September, but are increasingly worried about the future.

The Thomson Reuters/University of Michigan's consumer sentiment index inched up to 57.8 in September from 55.7 in September from 55.7 in August according to a Reuters report.



Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/09/16/national/w072503D03.DTL#ixzz1YA8zygtD

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37 comments - Posted by Suzanne Baker at 4:51 PM - Categories:

Sep 13 2011

Huge Surge in Bank of America Foreclosures

 
 

Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month.

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36 comments - Posted by Suzanne Baker at 3:52 PM - Categories:

     
   
 
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