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(Wednesday, March 10, 2010)
Home value decline steepens in January: Zillow
Home prices continued to weaken in many US markets during January as the impact of government tax credits on housing demand lost momentum real estate Website Zillowcom said on Tuesday
Commercial delinquency lower than other mortgages
WASHINGTON Commercial mortgages were among the bestperforming loans and leases held by banks and thrifts in the fourth quarter of last year the Mortgage Bankers Association said Tuesday
Fed to linger in agency MBS market after exit
Now that the US Federal Reserve has nearly finished its massive mortgage bond buying spree its huge portfolio could be used to tighten credit if and when the economy begins to show real signs of recovery
More work ahead on housing market: Treasury
The Obama administration has more work to do to help struggling US homeowners despite signs of a stabilizing housing market a senior Treasury official said on Monday
Can't make your mortgage Get an emergency loan
The jobless may not be getting much help from President Obamas loan modification program but those in Pennsylvania have another place to turn
Frank backs off Fannie, Freddie comments
House of Representatives Financial Services Chairman Barney Frank on Friday backed off comments that Fannie Mae and Freddie Mac bondholders could lose some of their investment after the Treasury said it was committed to supporting the two entities
REIT status likely boon for Weyerhaeuser, investors
Weyerhaeuser Cos WYN conversion to a real estate investment trust likely will be a boon for both shareholders and the company allowing the timber developer and home builder to pay fewer taxes and still operate units unrelated to its core timberlands business
Lawmaker is working to improve loan modifications
WASHINGTON A key lawmaker is working with banks regulators and the Obama administration on a new way to boost the governments struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe
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