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California Jumbo Mortgage Loans News

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It produced easy money for speculators and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. NELVIN C. CEPEDA / Union-Tribune A "repo" bus tour through Otay Ranch stopped recently on Little Lake ...

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People of modest means hitched hopes on Little Lake Street - San Diego Union-Tribune

They’re baaaa-aaack . The same people who engineered a global financial meltdown with bad loans covered by government backing have begun exploiting the Federal Housing Administration in the same manner as Fannie Mae and Freddie Mac.  Lenders who ...

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FHA: The new Fannie Mae - Hotair.com

It produced easy money for specula-tors and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. Few streets in the county have witnessed as dramatic a turnaround as Little Lake. Nestled in the heart ...

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Street of risk and loss - San Diego Union-Tribune

For more real estate news, please visit: DQNews.com . And check out BankingMyWay to compare mortgage rates. LA JOLLA, CA--- Southern California home sales rose unseasonably last month from September as buyers shook off gloomy financial news and took ...

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SoCal Home Sales Reach 2008 Record - Street.Com

For the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for 11.9% (down 59.8%) and the Transports for 10.6% (down 31.7%). The Morgan Stanley Consumer index dropped 4 ...

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Just the Facts... - Safe Haven

OK, Obama, you've won the election. You're not electioneering anymore. You can freely admit that Joe Biden is the Antichange. It's like pulling off a Band-Aid to lighten up on the rhetoric and just reveal the real you, good or bad, instead of the ...

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Campaign 2008 - Rocky Mountain News Blogs

Foreclosures in Stockton, Calif., discourage prospective sellers from putting their houses on the market. The government's plan, which includes taking stakes in major financial institutions and temporarily guaranteeing certain new bank debt, could ...

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No Quick Fix for Housing Prices - Wall Street Journal

Sunday, October 5, 2008 (10-05) 04:00 PDT Washington -- In the current credit squeeze, if you have less than a 20 percent down payment, there's pretty much only one major source of mortgage financing available: the Federal Housing Administration, a ...

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As loan volume leaps, so do worries about FHA - San Francisco Gate

As predicted president Bush recently signed the economic stimulus bill into law. And for people in California, this is exciting news. Why? Much lower interest rates are available to someone who has a conforming loan than those who have jumbo loans ...

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Economic Stimulus Bill Good News for California Mortgages - PR.com

The historic bailout that Congress approved last week may be odious, but it is also necessary, according to Holdon Lewis, North Palm Beach, Fla.-based senior reporter for Bankrate.com. "I am angry about it," Lewis admitted. "The fact that we are ...

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