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Author Archives: Jim Woodard

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FHA commissioners defend actions (access required)

At a recent gathering of commissioners, strong support for the Federal Housing Administration was expressed. Lawmakers in Congress who are raising alarms about the FHA needing a bailout and supporting legislation to change the way it does business are missing ...

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Refinancing expected to decline by 57 percent (access required)

The volatility of mortgages is clearly seen by the latest origination projections released by the Mortgage Bankers Association (MBA). The trade group announced recently that it expects to see $1.2 trillion in mortgage originations during 2014, a 32 percent decline ...

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Title easier to search, but cost still going up (access required)

One of the most overpriced closing costs when buying or selling a home is now getting more expensive. Homebuyers and sellers have long complained about the exorbitant cost of title insurance coverage when computer technology has substantially simplified and sped up the property searching process.

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One-fourth of homeowners living there alone (access required)

More consumers are opting to live alone, with single buyers making up a quarter of all home purchases, according to the National Association of Realtors. In the U.S., there are 33 million one-person households, and living solo is becoming an international trend.

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