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Archive for the 'mortgage loans' categoryStakes are high as government plans exit from mortgage markets – Washington PostAn interesting article from today’s Washington Post regarding the federal government’s plans to exit the mortgage markets: “For more than a year, the government pulled out the stops to revive home buying by driving down mortgage rates. Now, whether the housing market is ready or not, the government is pulling out.” But apparently not [...] Reverse mortgages – sometimesReverse mortgages are legitimate financial products for many people – but one can see them spinning out of control for homeowners. Banking eCONomyFrom Drew DeSilver at the Seattle Times: Reckless strategies doomed WaMu ‘Subprime Guy’ Loses Everything….Here is an interesting story. Real Estate ForeclosuresNY Times Editorial: Foreclosures: No End in Sight |