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Archives: August 2011
Is Your Loan Modification Application Stuck?
If you’re on the verge of losing your home, or you know someone who is, then you also know about the long, bureaucratic process involved in applying for a loan modification from a lender. The most common approach is to… … Read more
August 31, 2011 Posted in Home Improvement
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Is Your Loan Modification Application Stuck?
If you’re on the verge of losing your home, or you know someone who is, then you also know about the long, bureaucratic process involved in applying for a loan modification from a lender. The most common approach is to… … Read more
August 31, 2011 Posted in Mortgage
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Earth Advantage Institute and Passive House Institute US Team Up on Energy Performance Score
RISMEDIA, July 12, 2011—Earth Advantage Institute, a nonprofit green building resource that has certified more than 11,000 homes, and the Passive House Institute US (PHIUS) announced their intent to work together on development of an Energy Performance Score (EPS) label… … Read more
August 21, 2011 Posted in Real Estate
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New Billion-Dollar-Emergency Loan Program Hopes to Stave Off Foreclosures
RISMEDIA, July 12, 2011— The U.S. Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks America launched a new Emergency Homeowners’ Loan Program (EHLP) recently to help homeowners who are at risk of foreclosure in 27 states… RISMedia … Read more
August 19, 2011 Posted in Real Estate
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HUD, CLPHA to Host Conference on Green Solutions for Public Housing
RISMEDIA, July 12, 2011—Across the country, public housing authorities are struggling to control skyrocketing energy costs, often accounting for nearly a quarter of their operating budgets. To help cut energy bills and consumption, the U.S. Department of Housing and… RISMedia … Read more
August 17, 2011 Posted in Real Estate
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95 Percent of Refinancing Borrowers Choose Fixed-Rate Mortgages
In the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released yesterday. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their… RISMedia … Read more
August 15, 2011 Posted in Home Selling
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Evolution of the Broker Pricing Opinion
RISMEDIA, July 12, 2011—Executives within the default Industry are required to make decisions on a variety of dispositions that vary from loss mitigation to REO pricing strategies. The Broker Pricing Opinion (BPO) is an integral component of the decision making… … Read more
August 15, 2011 Posted in Real Estate
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New Foreclosure Study Finds the More That’s Owed, the Longer the Defaulter Can Stay
RISMEDIA, July 13, 2011—Homeowners living in houses worth over 7,000 can live in their homes mortgage-free without fear of foreclosure for more than a year, but those in the less valuable homes are getting thrown out in 300 days or… … Read more
August 13, 2011 Posted in Real Estate
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