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Bank of America launched a new short sale program that could pay distressed homeowners between $2,500 and $30,000 in relocation assistance. Qualified homeowners who initiate a short sale without an offer could be eligible to receive... Read More »
President Obama’s budget proposal last week attracted more than a few passionate voices from real estate who oppose elements that would limit itemized tax deductions, including the mortgage interest deduction that enables... Read More »
The Senate voted yesterday and overwhelmingly passed the appropriations bill effectively reinstalling higher conforming loan limits for the FHA through the end of 2013. In Orange and LA counties, it’s confirmed that $729,750... Read More »
By Gino Blefari How’s the real estate market? It’s a question every one of us in this business is faced with every day. Homeowners, buyers and sellers seem to have honed a hyper-awareness for the state of the economy,... Read More »
The Fed, ending a two-day policy meeting later Wednesday, is expected to announce a rebalancing of its bond portfolio weighted more heavily to longer-term securities, pushing already-low long-term interest rates even lower in... Read More »
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