txrealtynews

Archive for May, 2009|Monthly archive page

Positive Residential Real Estate News on Houston-Area Home Front 

In Real Estate on May 31, 2009 at 11:40 am

Katy/Fulshear's Firethorne continues to lay the infrastructure for new home sections. Firethorne construction includes four homes in the new Model Park I

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Homes sales skyrocketing while prices fall: Is it time to buy 

In Real Estate on May 31, 2009 at 11:40 am

chief economist for Fannie Mae, can't pass up mentioning. "The subprime problem has by and large gone away," Duncan said. "The problem now is `Alt A' loans, those with no documentation and adjustable rates. Many losses have been taken,


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Little faith, even less credit – Pittsburgh Tribune-Review

In Real Estate on May 31, 2009 at 11:40 am

In addition, the government has borrowed and created trillions of dollars to save non-banks such as AIG, GM and Fannie Mae. Furthermore, trillions of additional dollars are being injected into the economy.


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Ukiah lawyer killed in Utah plane crash

In Real Estate on May 31, 2009 at 7:40 am

A 64-year old health care executive, John Austin, was flying the plane when it crashed into real estate and business cases" and was a licensed mediator.
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Verdict on the Crash: Causes and Policy Implications – Asiaing.com 

In Real Estate on May 31, 2009 at 7:33 am

This problem was exacerbated both by the presence of the securitisation agencies, Fannie Mae and Freddie Mac, and by dishonest behaviour by some US borrowers. • International bank capital regulation did not reduce the risk of insolvency


Asiaing.com – http://ping.fm/VGQrz

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Fred Glick – U S Loans Mortgage LLC and U S Spaces, Inc: My Alerts 

In Real Estate on May 31, 2009 at 7:33 am

REAL ESTATE. Avoiding Foreclosure. By BOB TEDESCHI (NYT). Vast numbers of borrowers who took out unsecured personal loans from Fannie Mae to cover missed mortgage payments ultimately defaulted.


Fred Glick – US Loans Mortgage… – http://ping.fm/AnMee

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Shinnecocks and Montauketts fight to regain areas taken in 

In Real Estate on May 31, 2009 at 3:52 am

By Steve Wick and Thomas Maier | Staff Writers Real estate promoters and local Today, nearly all of the Shinnecock Hills are incorporated in two
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TOXLAW.com – FOX – Mold Sick Military Family – Will DOJ use ACOEM 

In Real Estate on May 31, 2009 at 3:42 am

EL PASO, Texas – Sick children in Ft. Bliss housing: that's what one soldier's wife claims and now she says her child will never be the same because of the home they lived in on post. In September, 2006, the Wesley family moved into


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Subsidizing Failure « Whistle Blower Exposes Bank Secrets 

In Real Estate on May 31, 2009 at 3:41 am

Fannie Mae and Freddie Mac, poster children for a failed model of home mortgage finance, have also received several hundred billion dollars in TARP and other funds. It has been clear for some time that the financial services sector grew


Whistle Blower Exposes Bank Secrets,… – http://ping.fm/8f3r0

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Business Surveys » Mortgage rates: 30-year still rising

In Real Estate on May 30, 2009 at 11:39 pm

Loans are considered "jumbo" when they are too large to be purchased or guaranteed by Fannie Mae (FNM, Fortune 500) and Freddie Mac (FRE, Fortune 500). Jumbo loans have higher rates than smaller "conforming" loans, which do have


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