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Nov. 20--Two state agencies have accused three companies with ties to the Triad of "an elaborate scheme" to deceive consumers into buying overpriced manufactured homes.
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WASHINGTON - A new federal program to support state and local housing finance agencies is expected to involve more than $29 billion in government support, Fannie Mae and Freddie Mac disclosed Thursday.
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WASHINGTON - A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery.
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McLEAN, Va. - Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday.
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PHOENIX - Arizona legislators want to start from scratch on possibly revising a law protecting homeowners from post-foreclosure lawsuits.
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NEW YORK - Shares of most homebuilders were mixed in Wednesday trading after two reports gave weak readings on the current housing market.
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Nov. 17--The development of housing geared to low- and moderate-income residents has come to a near halt in Silicon Valley because of state and local budget crises and the general economic meltdown, housing experts gathered in Santa Clara said Tuesday.
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NEW YORK - The good news is that the pace at which people fell behind on their mortgages slowed during the summer for the third quarter in a row.
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Nov. 16--TAMPA -- Real estate agent Ken Brownlee's phone stopped ringing last month once clients figured they would be unable to close before an $8,000 federal tax credit expired.
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WASHINGTON - The Federal Reserve is proposing to exempt some investors from a requirement that consumers receive notice within 30 days after their home loan is sold or transferred to a new mortgage company.
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Nov. 17--Camas home builder Matthew Clarkson holds no grand illusions about a rapid recovery from recession for his industry as he assumes the top leadership job with Washington's biggest home builders group.
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For Pat Roma, a carpentry student at Portland Arts and Technology High School, it makes sense to learn how to build an energy- efficient house.
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Nov. 13--Although the affordability of Inland Southern California's entry-level homes remains high, prices edged up in the third quarter and potentially eliminated some buyers as a reduced supply of bank-owned houses hit the market, the California Association of Realtors reported Thursday.
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Home's price sheds light on local market One of the top 10 home sales in September in the Richmond area was for a house with 12,870 square feet that sold for $931,900.
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Nov. 12--One month does not a trend make, but the number of housing permits issued by Waco in October at least has builders talking about a change for the better.
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SANTA FE SPRINGS - Torrance resident Ray Hodjat likes the "green" deal he got in purchasing a new home outside the South Bay.
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Think a posh second home in a sunny spot is beyond your means?
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SPOKANE, Wash. - The number of existing homes sold in Washington state increased in the third quarter compared with the previous three months, the Washington Center for Real Estate Research reported Tuesday.
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Nov. 11--Call it the first-time homebuyer bump.
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BIRMINGHAM, Ala. - The second-largest thrift in Alabama is suspending mortgage lending amid hefty third-quarter losses as real-estate values moved lower and foreclosure rates turned higher.