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10/02/2008 02:22 PM
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$1.75 eBay bid gets home
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 With a winning bid of just $1.75, a Chicago woman won an auction for an abandoned home in Saginaw, Mich. She was the top bidder during an auction on eBay, The Saginaw News reported.
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10/03/2008 11:46 AM
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Freddie, Fannie cut back mortgage fees
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Mortgage finance companies Fannie Mae and Freddie Mac, seized by the federal government last month, are rolling back fees imposed as they struggled to shore up their finances over the past year.
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10/02/2008 12:01 PM
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Mortgage rates at highest level in a month
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 Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month.
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09/30/2008 09:35 AM
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Home prices tumble by sharpest annual rate
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A closely watched index shows home prices tumbling by the sharpest annual rate ever in July, but the rate of decline is slowing.
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09/27/2008 12:44 PM
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Foreclosures on million-dollar homes surge
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 The housing crisis that swept through working-class and middle-class communities across the country is now creeping into the leafy driveways and the gated communities of the nation's most exclusive towns.
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09/27/2008 12:53 PM
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Towns that could be hit hardest by crisis
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The upheaval shaking Wall Street will hurt privileged enclaves as well as working-class neighborhoods from coast to coast. Which will fare the worst ?
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09/25/2008 08:19 PM
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Bailout doesn’t address abandoned homes
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 So why — as we discuss the most dramatic government intervention in nearly a century — is there only passing mention of all these vacancies?
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09/25/2008 05:02 PM
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New homes sell at slowest pace in 17 years
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 Government data show sales of new homes dropped sharply in August, falling to the slowest pace in 17 years. The average sales price fell by the largest amount on record, too.
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09/24/2008 05:34 PM
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Home sales, prices plunge in August
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A record decline in home prices in August attracted more buyers in some areas and led to a sizable decline in the number of unsold homes on the market.
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09/23/2008 12:42 PM
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Home prices tumble 5.3 percent
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U.S. home prices in July fell a record 5.3 percent compared with a year ago, a government agency said Tuesday, and have now receded to October 2005 levels.
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09/22/2008 05:20 AM
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Red Tape: Millions at risk of foreclosure fraud
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 Interviews with legal aid offices and law enforcement officials around the nation indicate so-called 'foreclosure rescue scams' have spread like wildfire, nearly paralleling the downturn in the mortgage market.
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09/21/2008 07:58 PM
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Bailout plan might not help real estate soon
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Despite the Bush proposed rescue of the financial industry, it will do little to ease lending standards so more homebuyers can qualify for loans.
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09/17/2008 06:21 PM
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Applications to refinance mortgages spike
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Homeowners rushed to take advantage of last week's drop in interest rates following the government's takeover of Fannie Mae and Freddie Mac, but rates are rising again on investor fears about the eroding conditions in financial markets.
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09/21/2008 03:17 PM
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Four Fannie Mae execs out in restructuring
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Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was restructuring its organization.
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09/17/2008 01:18 PM
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Fannie, Freddie takeover may help homeowners
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The government's takeover of mortgage finance companies Fannie Mae and Freddie Mac should provide an opportunity to modify more home loans for troubled borrowers, a top government official said Wednesday.
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