Tag Archives: Brinkmann

Mortgage delinquencies hit lowest level since 2008

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Under Pressure, FHA Skews to Wealthier Home Buyers

The Federal Housing Administration, the government insurer of home mortgages, is often credited with saving the home finance market during the worst of the latest housing crash. When no one else would lend to lower-income borrowers, the FHA stepped in, … Continue reading

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Higher Mortgage Rates May Hamper Obama’s Housing Plan

With disappointing results from his foreclosure rescue program and an election year on the horizon, President Obama last fall set his sights on refinancing, specifically helping borrowers who owe far more on their mortgages than their homes are currently worth. … Continue reading

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Mortgage Delinquencies Turn a Corner

Fewer Americans are falling behind on their mortgage payments; in fact, the fewest in two years. Mortgages just one payment past due (30 days) fell to their lowest level since just before the recession began. Is it delays in paperwork … Continue reading

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