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A few things have happened in the last few days that may ultimately ease what many are calling an onrushing foreclosure train wreck . While some attempts are more meaningful and far-reaching than others, at least a couple of institutions which can do something to avert any coming catastrophe appear to...
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Freddie Mac 23rd Annual Adjustable Rate Mortgage (ARM) Survey released last week contained few surprises. The three major findings were: A decline in the market share of ARMs as savings from these loans as compared to fixed rate loans shrank; Greater lender discounts to entice borrowers into taking out...