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Author Archives: Jim Woodard

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Transfer fees may block mortgage financing (access required)

The Federal Housing Finance Agency recently released its final rule regarding private transfer fees. The agency received about 4,200 comments in response to its proposed guidance and is now issuing a rule that restricts Fannie Mae, Freddie Mac and the ...

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Rental demand might boost home sales (access required)

The rental market is the strongest growth element in today’s real estate activity. And, strange as it seems, the growth of rentals might be a major factor in pushing up home sales in future months. The growing demand for residential ...

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Refinance program price cuts could help millions (access required)

On March 6, the acting federal housing commissioner announced significant price cuts to the Federal Housing Administration’s Streamline Refinance Program. The cuts could benefit millions of borrowers whose mortgages are currently insured by FHA. Beginning June 11 of this year, ...

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