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	<title>Just Home Mortgages</title>
	<link>http://www.justhomemortgages.com</link>
	<description>One of the largest collections of current information and news about home mortgages.</description>
	<lastBuildDate>Sat, 31 Jul 2010 23:18:02 +0000</lastBuildDate>
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	<language>en</language>
	
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		<title>Michigan voters search for economic savior     (AP)</title>
		<description><![CDATA[AP &#8211; Michigan voters frustrated over lost jobs, home foreclosures and budget deficits will vote in Tuesday&#8217;s primary election for leaders they hope can move the state out of its economic morass.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/31/michigan-voters-search-for-economic-savior-ap/</link>
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		<title>FHA Mortgagee Faces $3 Million Action</title>
		<description><![CDATA[Alacrity Lending Co. improperly underwrote home loans, the U.S. Department of Housing and Urban Development concluded in a recent audit.
The agency&#8217;s Office of the Inspector General examined 20 FHA loans originated by Alacrity.
The report recommended that the agency&#8217;s attorneys determine whether sufficient evidence exists to pursue legal action that could result in &#34;civil enforcement action&#34; [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/31/fha-mortgagee-faces-3-million-action/</link>
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		<title>U.S. Rep Takes on HUD</title>
		<description><![CDATA[Democratic Rep. Dennis Cardoza is taking steps to curtail travel by U.S. Department of Housing and Urban Development Secretary Shaun Donovan. 
The California congressman noted that Donovan took a delegation to Rio de Janeiro in March for an international housing conference. 
Cardoza said Donovan needs to first concentrate on the foreclosure rate in the U.S. [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/31/u-s-rep-takes-on-hud/</link>
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		<title>COFI&#160;Edges Up</title>
		<description><![CDATA[The Cost of Funds Index increased 0.006 percent from May to June, the Federal Home Loan Bank of San Francisco reported.
The index jumped  20 basis points compared to a year earlier.
The index was calculated based on data from 11th District members.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/31/cofiedges-up/</link>
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		<title>Agency Issuance Increases 4th Consecutive Month</title>
		<description><![CDATA[Fixed-rate issuance of Fannie Mae, Freddie Mac and Ginnie Mae MBS was $95 billion during July based on data reported by eMBS. 
Volume was higher than $93 billion in June. 
Volume has risen each month since March.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/31/agency-issuance-increases-4th-consecutive-month/</link>
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		<title>Fannie Mae portfolio grows, delinquencies decline     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; Fannie Mae  expanded its mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May to the lowest level this year, the largest U.S. home loan purchaser said on Friday.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/fannie-mae-portfolio-grows-delinquencies-decline-reuters/</link>
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		<title>Reverse Mortgages Aren&#8217;t Catching On     (U.S. News &amp; World Report)</title>
		<description><![CDATA[U.S. News &#038; World Report &#8211; The reverse mortgage industry, hammered for high fees and high  pressure sales tactics, has steadily improved its procedures and its  image. Loan fees and interest rates have been lowered, consumer  disclosure has improved, and the federal government&#8217;s insured reverse  mortgage program has provided stability and [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/reverse-mortgages-arent-catching-on-u-s-news-world-report/</link>
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		<title>Increase in FHA Mortgage Insurance Premiums Passes in House     (CQPolitics.com)</title>
		<description><![CDATA[CQPolitics.com &#8211; The House passed legislation Friday to give the Federal Housing Administration flexibility to raise mortgage insurance premiums on the loans it guarantees.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/increase-in-fha-mortgage-insurance-premiums-passes-in-house-cqpolitics-com/</link>
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		<title>Glimcher offering raises $96M after costs     (AP)</title>
		<description><![CDATA[AP &#8211; Real estate investment trust Glimcher Realty Trust said Friday a recently completed public offering of 16.1 million common shares generated about $96 million, after commissions, discounts and expenses.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/glimcher-offering-raises-96m-after-costs-ap/</link>
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		<title>Fannie Volume Tumbles, Lates Continue Improvement</title>
		<description><![CDATA[New business acquisitions at Fannie Mae declined 31 percent between May and June, according to monthly operational data.
Compared to a year earlier, volume was down 45 percent.
Residential delinquency of at least 90 days improved for the third consecutive month.
Multifamily delinquency of at least 60 days fell for the second consecutive month.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/fannie-volume-tumbles-lates-continue-improvement/</link>
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		<title>Mixed Performance at M.I. Firms</title>
		<description><![CDATA[The Mortgage Insurance Companies of America reported that the number of policies issued in June were 9 percent higher than in May. 
The number of new mortgage insurance applications has increased each month since January.&#160;
But primary insurance in force fell $10 billion from May. 
In addition, primary insurance defaults increased 8 percent.
More:  continued here [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/mixed-performance-at-m-i-firms/</link>
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		<title>Serious Late Payments Deteriorate</title>
		<description><![CDATA[Total mortgage delinquency of at least 90 days as of June 30 surged 82 basis points from May 31, LPS reported. 
The foreclosure rate shot up 47 BPS, according to the report.  
The delinquency rate, excluding foreclosures, was up 35 BPS.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/serious-late-payments-deteriorate/</link>
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		<title>MetLife Raises Quarterly Originations</title>
		<description><![CDATA[Second-quarter residential originations at MetLife Home Loans increased around $300 million from the first quarter. 
Reverse mortgage production also improved. 
But overall business was down 55 percent compared to the second-quarter 2009.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/metlife-raises-quarterly-originations/</link>
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		<title>New Century Execs Settle Accounting Fraud Allegations</title>
		<description><![CDATA[Settlements were announced between the Securities and Exchange Commission and former executives of New Century Financial Corp. 
None of the defendants admitted or denied allegations outlined in the SEC&#8217;s complaint. 
The settlements are subject court approval in a global settlement tied to another case.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/new-century-execs-settle-accounting-fraud-allegations/</link>
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		<title>Market Update – GDP Report Shows Slowed Growth</title>
		<description><![CDATA[Mortgages are up significantly this morning following Fed Bank President Bullard&#8217;s comments yesterday and this morning&#8217;s GDP release. Yesterday, Bullard expressed concern on a weak economy and suggested that the central bank should resume purchases of Treasury securities of prices fall (deflation). The GDP report showed that economic growth slowed last quarter which further added [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/market-update-%e2%80%93-gdp-report-shows-slowed-growth/</link>
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		<title>VA Streamline Refinance Could Help Military Members Lower Their Mortgage Payment</title>
		<description><![CDATA[It just got easier for veterans and active members of the military to refinance their VA loans.  Find out how military members can lower their VA loan payment with the VA streamline refinance.Related posts:

Introducing VA 100% Refinance &#8230;
Top 10 VA Loan Myths &#038; Facts &#8230;
Veterans: Should You Choose a VA Loan or an FHA [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/va-streamline-refinance-could-help-military-members-lower-their-mortgage-payment/</link>
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		<title>The Day Ahead: Q2 GDP, Consumer Sentiment, Stocks Testing Support</title>
		<description><![CDATA[Posted To: MBS Commentary
A busy day awaits the markets as investors get their first look at second-quarter GDP. Also in the store is the influential Chicago Business Barometer which gives an update on how the economy is recovering in the midwest, plus a consumer sentiment index for the nation at large. While investors wait for [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/the-day-ahead-q2-gdp-consumer-sentiment-stocks-testing-support/</link>
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		<title>Rapid Refinance Program: Don&#8217;t Bet On It</title>
		<description><![CDATA[Posted To: Pipeline Press
The economy is so bad, I bought a toaster oven and my free gift with purchase was a bank&#8230;If the bank returns your check marked &#34;Insufficient Funds,&#34; you call them and ask if they meant you or them&#8230;Angelina Jolie adopted a child from America&#8230;My cousin had an exorcism but couldn&#39;t afford to [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/rapid-refinance-program-dont-bet-on-it/</link>
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		<title>Evolving Loan Officer Agreements: Mandatory Reserves and Good File Delivery</title>
		<description><![CDATA[Posted To: The Garrett Watts Report
After visiting over 100 shops in the past 3 years, we haven&#39;t really seen anything &#8220;new under the sun&#8221; in terms of loan officer agreements. Sometimes I think all contractual documents used by mortgage bankers originated from the same source. But more recently we&#39;ve come across a few approaches that [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/evolving-loan-officer-agreements-mandatory-reserves-and-good-file-delivery/</link>
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		<title>MBS Lower and Wider. Reprices Reported. Buyers Lurking</title>
		<description><![CDATA[Posted To: MBS Commentary
Rate sheet influential mortgage-backs are experiencing some localized weakness as stocks rally and swaps spreads widen. Nominally, yield spreads have been wider all morning but price levels were still pushing new records because Treasuries were catching a bid, but the poo hit the fan a few minutes ago and prices plummeted. We&#39;re [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/mbs-lower-and-wider-reprices-reported-buyers-lurking/</link>
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		<title>USDA Rural Housing Bill Passes; Low-Income Rental Legislation Advances</title>
		<description><![CDATA[Posted To: MND NewsWire
One government housing program that had run out of funds months ago was revived by Congress yesterday, and another bill targeted at low-income rental housing moved a step closer to approval. The Senate yesterday passed HR 4899 to reestablish the popular U.S. Department of Agriculture Single-Family Housing Guaranteed Loan Program (Section 502 [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/usda-rural-housing-bill-passes-low-income-rental-legislation-advances/</link>
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		<title>MORTGAGE RATES: Best Lock/Float Advice MND Can Offer</title>
		<description><![CDATA[Posted To: Mortgage Rate Watch
I think it&#39;s safe to say that, consistently for the last 30 to 45 days, at least one lender (regional, major, or independent) has offered below market &#34;record low&#34; mortgage rates. Investor demand is consistently healthy for agency MBS, such that their prices are hitting new record highs on a daily [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/30/mortgage-rates-best-lockfloat-advice-mnd-can-offer/</link>
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		<title>Foreclosure activity rising in most metro areas</title>
		<description><![CDATA[Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.
 United States &#8211; Metropolitan area &#8211; Real estate &#8211; Foreclosure &#8211; Business
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/foreclosure-activity-rising-in-most-metro-areas/</link>
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		<title>Mortgage brokers to be fingerprinted, registered</title>
		<description><![CDATA[Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to new rules issued by the Federal Reserve and other regulators.
 Mortgage &#8211; Business &#8211; Mortgage broker &#8211; Federal Reserve System &#8211; Financial Services
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/mortgage-brokers-to-be-fingerprinted-registered/</link>
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		<title>Calif. revokes real estate licenses at record pace     (AP)</title>
		<description><![CDATA[AP &#8211; The California Department of Real Estate said Wednesday it revoked a record number of real estate licenses in its most recently completed fiscal year.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/calif-revokes-real-estate-licenses-at-record-pace-ap/</link>
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		<title>Foreclosure activity up across most US metro areas     (AP)</title>
		<description><![CDATA[AP &#8211; Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/foreclosure-activity-up-across-most-us-metro-areas-ap/</link>
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		<title>France Telecom first half net profit up 45 pct     (AP)</title>
		<description><![CDATA[AP &#8211; France Telecom SA said Thursday that first half net profit rose 45 percent due to a one-off gain, although revenue and margins were eroded by regulatory costs and competition in the home market in France.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/france-telecom-first-half-net-profit-up-45-pct-ap/</link>
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		<title>Foreclosures up in 75 percent of top U.S. metro areas     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; Foreclosures rose in 3 of every four large U.S. metro areas in this year&#8217;s first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/foreclosures-up-in-75-percent-of-top-u-s-metro-areas-reuters/</link>
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		<title>Citigroup settles charges over misleading investors     (AFP)</title>
		<description><![CDATA[AFP &#8211; US bank Citigroup agreed Thursday to pay a 75-million-dollar fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the Securities and Exchange Commission said.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/citigroup-settles-charges-over-misleading-investors-afp/</link>
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		<title>Citigroup paying $75M to settle civil charges     (AP)</title>
		<description><![CDATA[AP &#8211; Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/citigroup-paying-75m-to-settle-civil-charges-ap/</link>
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		<title>Congress to try to recoup Fannie, Freddie costs     (AP)</title>
		<description><![CDATA[AP &#8211; Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/congress-to-try-to-recoup-fannie-freddie-costs-ap/</link>
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		<title>Mortgage rates hit low of 4.54 percent     (AP)</title>
		<description><![CDATA[AP &#8211; Mortgage rates are the most affordable in decades for those who can qualify for a loan.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/mortgage-rates-hit-low-of-4-54-percent-ap/</link>
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		<title>Summary Box: Mortgage rates hit low of 4.54 pct.     (AP)</title>
		<description><![CDATA[AP &#8211; RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/summary-box-mortgage-rates-hit-low-of-4-54-pct-ap/</link>
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		<title>Congress to try to recoup Fannie, Freddie costs     (AP)</title>
		<description><![CDATA[AP &#8211; Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/congress-to-try-to-recoup-fannie-freddie-costs-ap/</link>
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		<title>Florida mortgage firm settles federal charges     (AP)</title>
		<description><![CDATA[AP &#8211; Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/florida-mortgage-firm-settles-federal-charges-ap/</link>
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		<title>Florida mortgage firm settles federal charges     (AP)</title>
		<description><![CDATA[AP &#8211; Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/florida-mortgage-firm-settles-federal-charges-ap/</link>
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		<title>Citigroup to pay $75 million to settle SEC charges     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; Citigroup Inc  will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/citigroup-to-pay-75-million-to-settle-sec-charges-reuters/</link>
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		<title>Citigroup to pay $75 million to settle SEC charges     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; Citigroup Inc  will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/citigroup-to-pay-75-million-to-settle-sec-charges-reuters/</link>
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		<title>BNY&#160;Wins NM Case; Borrowers Appeale</title>
		<description><![CDATA[A state district judge has ruled that Equity One didn&#8217;t use deceptive marketing to encourage a New Mexico couple to borrow more money than they had the ability to repay. 
The Bank of New York  acquired the mortgage and won the right to foreclose on the loan. 
The case is now pending before the [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/bnywins-nm-case-borrowers-appeale/</link>
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		<title>WA&#160;Implements Licensing Requirements</title>
		<description><![CDATA[Mortgage bankers and brokers in Washington now have to be licensed unless they work for a bank or credit union. 
The Washington Department of Financial Institutions is charged with implementing the new rules. 
New requirements for mortgage-loan originators who don&#8217;t work for a bank or credit union include 20 hours of pre-license education.
More:  continued [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/waimplements-licensing-requirements/</link>
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		<title>Fifth Third Touts Refinance Ops</title>
		<description><![CDATA[Refinance volume at Fifth Third Mortgage Co. totaled $4 billion between April 2009 and now, the company reported. 
Many customers are taking advantage of the lowest rates since the government&#8217;s Home Affordable Refinance Program began, the announcement indicated. 
On numerous occasions, Freddie Mac has recognized Fifth Third for running &#34;one of the most efficient relief [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/fifth-third-touts-refinance-ops/</link>
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		<title>Business Deteriorates at LendingTree</title>
		<description><![CDATA[LendingTree Loans closed 43 percent fewer loans during the second quarter than it did a year earlier, according to earnings data from its parent company. 
Matched requests at the exchanges segment tumbled 19 percent during the same period. 
The company reported 38 fewer exchange segment closings.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/business-deteriorates-at-lendingtree/</link>
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		<title>Rates Better, But Not New Activity</title>
		<description><![CDATA[Again the average 30-year fixed-rate mortgage fell to a new record low, Freddie Mac reported.
The one-year adjustable-rate mortgage was down 6 basis points compared to a week ago.
But still, mortgage activity declined 7 percent this week based on the Mortgage Market Index.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/rates-better-but-not-new-activity/</link>
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		<title>Falling Home Prices Creates Urgency For Homeowners Wanting To Refinance</title>
		<description><![CDATA[Home values continue to fall, meaning if you&#8217;re looking to refinance &#8211; the time to act is now.  Don&#8217;t miss your chance to refinance and take advantage of record low mortgage rates.Related posts:

Cash-In Refinancing: Is It Worth It? &#8230;
Housing Prices Still Falling, But Not For Long &#8230;
Falling Mortgage Rates Boost Refinance Activity &#8230;

More:  [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/falling-home-prices-creates-urgency-for-homeowners-wanting-to-refinance/</link>
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		<title>Market Update – S&amp;P 500 Results Higher Than Estimates</title>
		<description><![CDATA[Yesterday, mortgage prices moved higher after a strong 5-year auction. Over 80 percent of companies in the S&#038;P 500 have reported second-quarter results higher than analyst estimates, moving 10-year treasury prices lower while mortgage bonds have stayed relatively flat. Today, mortgages are slightly lower from yesterday&#8217;s close before the sale of $29 billion 7-year notes, [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/market-update-%e2%80%93-sp-500-results-higher-than-estimates/</link>
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		<title>The Day Ahead: Moody&#8217;s Questions U.S. Credit Rating. Bonds Shrug Off News</title>
		<description><![CDATA[Posted To: MBS Commentary
Equity futures are trading higher this morning despite word from Moody&#8217;s that it would have to question America&#8217;s triple-A credit rating unless it provides a credible plan to tackle its growing deficit. Steve Hess , a top sovereign debt analyst at Moody&#8217;s, said the U.S. appears to have &#8220;no plan&#8221; to reduce [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/the-day-ahead-moodys-questions-u-s-credit-rating-bonds-shrug-off-news/</link>
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		<title>Vacancy Rate Near Historic High. America Has a &#8220;Home Problem&#8221;</title>
		<description><![CDATA[Posted To: MND NewsWire
As we have pointed out over the last few weeks , America has a homelessness problem; over a million individuals and families are temporarily or chronically homeless. While the statistics don&#39;t fully address this aspect, there is at least anecdotal indication that some of these people are in shelters or on the [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/vacancy-rate-near-historic-high-america-has-a-home-problem/</link>
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		<title>Final Ruling Issued on SAFE Act; Underwriting Guideline Overlays, Adverse Market Fees and Steep LLPAs; CMBS Sales; California State of Emergency;</title>
		<description><![CDATA[Posted To: Pipeline Press
On a non-mortgage note, my son asked me, &#34;At what age is it ok to tell a highway that it is adopted? At some point the highway will realize that it doesn&#39;t look like the Kiwanis&#39;s Club.&#34; I would have told him to &#34;keep his day job&#34;, except he doesn&#39;t have one [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/final-ruling-issued-on-safe-act-underwriting-guideline-overlays-adverse-market-fees-and-steep-llpas-cmbs-sales-california-state-of-emergency/</link>
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		<title>Are HECM Regulators Acting Unethically Toward the Reverse Mortgage Program?</title>
		<description><![CDATA[Posted To: Community Commentary
I recently spoke on two interesting panels at the American Conference Institute&#8217;s two day symposium on Reverse Mortgages. The conference was held at the famed Helmsley Park Lane Hotel in the heart of Manhattan. The conference attracted a virtual who&#8217;s who in the mortgage and reverse mortgage industry. The speakers and the [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/are-hecm-regulators-acting-unethically-toward-the-reverse-mortgage-program/</link>
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		<title>Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions</title>
		<description><![CDATA[Posted To: MND NewsWire
In the wake of the passage of Wall Street Reform, which many opponents have criticized Capitol Hill for failing to deal with the future of Fannie Mae and Freddie Mac, the Obama Administration is beginning to present the broad outlines of how the future of the GSEs will be determined. In a [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/fannie-mae-preps-investors-for-reform-book-of-business-reflects-tight-credit-conditions/</link>
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		<title>Treasury Auctions Done. Bonds Cautiously Resilient as Stocks Repeat History</title>
		<description><![CDATA[Posted To: MBS Commentary
Treasury just sold $29 billion 7s to a group of uninterested buyers&#8230; Auction demand as measured by the bid to cover ratio was below average. 2.78 bids were submitted for every 1 accepted by Treasury. Compare that to the ten auction average of 2.81 and the five auction average of 2.86. 25.6% [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/29/treasury-auctions-done-bonds-cautiously-resilient-as-stocks-repeat-history/</link>
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		<title>Twin Cities top list of best for working moms</title>
		<description><![CDATA[For the second year running, ForbesWoman has gathered the data and crunched the numbers to determine the U.S. cities that offer the most to working moms.
 United States &#8211; ForbesWoman &#8211; Arts and Entertainment &#8211; Home &#8211; Family
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/28/twin-cities-top-list-of-best-for-working-moms/</link>
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		<title>Mortgage demand dips on rising rates     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; U.S. home loan demand cooled last week as rising mortgage rates curbed refinancing requests that had soared to a 14-month high, the Mortgage Bankers Association said on Wednesday.

More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/28/mortgage-demand-dips-on-rising-rates-reuters/</link>
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		<title>Mortgage applications fall 4.4 percent last week     (AP)</title>
		<description><![CDATA[AP &#8211; Applications for home loans fell last week despite the lowest mortgage rates in decades.
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/28/mortgage-applications-fall-4-4-percent-last-week-ap/</link>
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		<title>Mortgage brokers to be fingerprinted and registered     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/mortgage-brokers-to-be-fingerprinted-and-registered-reuters/</link>
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		<title>Fed says some districts report slowing economy     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; The economy kept growing overall in recent weeks, but unevenly and it actually slowed in a few regions as housing markets softened after the end of a popular tax break, the Federal Reserve said on Wednesday.

More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/28/fed-says-some-districts-report-slowing-economy-reuters/</link>
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		<title>Summary Box: Mortgage applications down percent     (AP)</title>
		<description><![CDATA[AP &#8211; MORTGAGE APPLICATIONS DOWN: Applications for home loans fell 4.4 percent last week despite the lowest mortgage rates in decades, according to the Mortgage Bankers Association.
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/28/summary-box-mortgage-applications-down-percent-ap/</link>
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		<title>Treasury says latest mortgage-aid report flawed     (AP)</title>
		<description><![CDATA[AP &#8211; The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified.
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/28/treasury-says-latest-mortgage-aid-report-flawed-ap/</link>
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		<title>Mortgage lenders must register in database     (AP)</title>
		<description><![CDATA[AP &#8211; Loan officers at banks will be required to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble.
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/28/mortgage-lenders-must-register-in-database-ap/</link>
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		<title>Flagstar Performance Better, Warehouse Assets Up</title>
		<description><![CDATA[Flagstar Bancorp Inc. reported that second-quarter residential originations increase 28 percent from the first quarter. 
Delinquency on  all loan types also improved, falling 220 basis points from March 31. 
Warehouse lending assets finished June $126 million higher than at the end of March. 
Compared to June 30, 2009, warehouse assets have nearly doubled.
More:  [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/flagstar-performance-better-warehouse-assets-up/</link>
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		<title>Commercial Originations Show Signs of Strength</title>
		<description><![CDATA[The origination of commercial real estate loans jumped 35 percent from the first quarter in the Mortgage Bankers Association&#8217;s second-quarter commercial mortgage survey. 
Compared to the first quarter, conduit production more than doubled. 
By property type &#8212; hotel loan production was nearly five times higher than in the first quarter.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/commercial-originations-show-signs-of-strength/</link>
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		<title>Financial Regulatory Reform Update</title>
		<description><![CDATA[On July 21 President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act. The House of Representatives and the Senate had approved the Conference Report of this legislation on June 30 and July 15, respectively. This 20-page report summarizes the new law.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/financial-regulatory-reform-update/</link>
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		<title>Closer Look at Consumer Financial Protection Bureau</title>
		<description><![CDATA[The Consumer Financial Protection Bureau was created as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. 
The focus now shifts to the drafting of numerous regulations mandated by the Dodd-Frank Act, and construction of the new bureau. 
Regulators must now decide how to best implement the law, with the aid of a [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/closer-look-at-consumer-financial-protection-bureau/</link>
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		<title>Cash-In Refinancing: Is It Worth It?</title>
		<description><![CDATA[Bob Walters, chief economist for Quicken Loans, discusses in USA Today the difference between today&#8217;s refinancing market and markets of the past.  Can you still save money if you have to bring cash to the table when you refinance?Related posts:

3 Tips That Help Make Sense of Refinancing &#8230;
FHA Loan Cash-Out Refinance Guidelines Changing &#8211; [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/cash-in-refinancing-is-it-worth-it/</link>
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		<title>Market Update – Treasuries Up After News of Recovery Slowing</title>
		<description><![CDATA[U.S. treasuries were up this morning on speculation that the Federal Reserve&#8217;s Beige Book report will show that the U.S. recovery is slowing, which is pushing expectations that rates will stay low fom some time. Durable goods orders came in a little worse than expected and this is the second consecutive monthly decrease. Also, we [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/market-update-%e2%80%93-treasuries-up-after-news-of-recovery-slowing/</link>
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		<title>The Day Ahead: Durable Goods, Beige Book, 5-Year Notes</title>
		<description><![CDATA[Posted To: MBS Commentary
Equity futures are flat this morning ahead of the durable goods report for June and the Federal Reserve&#8217;s Beige Book, a summary of regional economies across the country. Ninety minutes before the opening bell, Dow futures are trading 1 point higher at 10,495 and S&#38;P 500 futures are up 0.25 points to [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/the-day-ahead-durable-goods-beige-book-5-year-notes/</link>
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		<title>Refinance Demand Takes a Break While Purchase Apps Search for Bottom</title>
		<description><![CDATA[Posted To: MND NewsWire
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 23, 2010. The MBA&#39;s loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a snapshot view of consumer demand [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/refinance-demand-takes-a-break-while-purchase-apps-search-for-bottom/</link>
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		<title>Home Builder Rankings; Updates from HUD and Fannie Mae; Home Ownership Stats; FHA Sanctions;</title>
		<description><![CDATA[Posted To: Pipeline Press
Let me start off by saying that I do not believe the rumor that the International Olympic Committee has taken back skier Lindsey Vonn&#39;s gold medal, and instead awarded it to President Barack Obama, announcing that no one has ever gone downhill faster than he has. While we&#39;re talking about going downhill, [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/home-builder-rankings-updates-from-hud-and-fannie-mae-home-ownership-stats-fha-sanctions/</link>
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		<title>MBS Prices Hit New Record High After 5-Year Note Auction</title>
		<description><![CDATA[Posted To: MBS Commentary
Mortgages are on a serious run&#8230; Front-month TBA levels set yet another new record high this morning and yield spreads continued to tighten vs. benchmarks (thx swaps!). While the street more than likely sees the current coupon in the +55/10s range, my weighting on the 4.0 has the current coupon closer to [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/mbs-prices-hit-new-record-high-after-5-year-note-auction/</link>
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		<title>Beige Book: Mixed Reads on Economy. Housing Market Definitely &#8220;Sluggish&#8221;</title>
		<description><![CDATA[Posted To: MND NewsWire
The Federal Reserve has released the Beige Book The Beige Book is a compilation of anecdotal information and data on current economic conditions across the country. The findings are NOT THE VIEWS OF FEDERAL RESERVE OFFICIALS &#8230;instead, each Federal Reserve bank interviews key business contacts, economists, market experts, and other sources in [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/beige-book-mixed-reads-on-economy-housing-market-definitely-sluggish/</link>
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		<title>FHA Ready to Reduce Seller Concessions. HUD Invites Industry Comment Before Implementation</title>
		<description><![CDATA[Posted To: MND NewsWire
HUD is preparing to implement a few new policies that will no doubt affect your pipeline/loan application process. Last week, HUD and the FHA invited public comment on three of those policy changes, which are part of FHA&#39;s strategy to &#34;strengthen their capital reserves&#34;. The proposed changes which are either tweaks to [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/fha-ready-to-reduce-seller-concessions-hud-invites-industry-comment-before-implementation/</link>
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		<title>Is There Life After the Mortgage Business?</title>
		<description><![CDATA[Posted To: The Garrett Watts Report
We all know the mortgage business can be extremely profitable at times. We also know it can be disastrous at other times. Regulators and law makers have created an environment that makes us feel like a pin ball, bouncing aimlessly from one bumper to another Regardless of all these issues, [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/is-there-life-after-the-mortgage-business/</link>
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		<title>Can Mortgage Rates Go Any Lower?</title>
		<description><![CDATA[Posted To: Mortgage Rate Watch
Well, here we are on &#34;hump day&#34; and mortgage rates are still detached from the price fluctuations of the secondary mortgage market. Instead, the ups and downs of consumer borrowing costs continue to be driven primarily by the capacity constraints of major lenders, the market makers for mortgage rates. One misconception [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/28/can-mortgage-rates-go-any-lower/</link>
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		<title>Home shoppers taking fresh look at renting</title>
		<description><![CDATA[As the real estate market has turned, so, too, has the real estate consumer. Many adults are no longer sold on the merits of owning a home.
 Real estate &#8211; Renting &#8211; Business &#8211; Business and Economy &#8211; United States
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/27/home-shoppers-taking-fresh-look-at-renting/</link>
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		<title>May home prices up, but no sustained recovery</title>
		<description><![CDATA[Single-family home prices rose more than expected in May, reflecting robust spring sales spurred by homebuyer tax credits, new S&#38;P/Case Shiller data show.
 Real estate pricing &#8211; Home &#8211; United States &#8211; Business &#8211; Taxation
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/may-home-prices-up-but-no-sustained-recovery/</link>
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		<title>New-Home Demand Soared 24% In June From Record Lows     (Investor&#8217;s Business Daily)</title>
		<description><![CDATA[Investor&#8217;s Business Daily &#8211; New-home sales surged nearly 24% in June from a record low, the Commerce Department said Monday, offering hope that housing has found some sort of floor.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/new-home-demand-soared-24-in-june-from-record-lows-investors-business-daily/</link>
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		<title>World stocks hit 2-1/2 month peak as euro near high     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; World stocks hit a 2-1/2 month high on Tuesday while the euro held near a two-month peak versus the dollar as upbeat results from Swiss bank UBS  added to a recent run of strong corporate earnings.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/world-stocks-hit-2-12-month-peak-as-euro-near-high-reuters/</link>
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		<title>World markets up on latest batch of upbeat earns     (AP)</title>
		<description><![CDATA[AP &#8211; World stock markets mostly rose Tuesday as investors warmed to another batch of better than expected earnings and economic data, while the euro struck a 2 1/2-month high against the dollar before its latest effort to sustain a break above $1.30 faltered.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/world-markets-up-on-latest-batch-of-upbeat-earns-ap/</link>
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		<title>Former Northern Rock executive fined, banned     (AP)</title>
		<description><![CDATA[AP &#8211; Britain&#8217;s financial regulator has banned the former finance director of mortgage lender Northern Rock &#8212; the country&#8217;s first major casualty of the global credit crunch &#8212; and fined him 320,000 pounds ($500,000) for misreporting figures on loan arrears.
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/27/former-northern-rock-executive-fined-banned-ap/</link>
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		<title>Home vacancies fall in Q2 but rentals steady     (Reuters)</title>
		<description><![CDATA[Reuters &#8211; The rate of vacancies for homes slipped slightly in the second quarter, a government report showed on Tuesday, but it was not enough to promise improvement in the hard-hit housing market.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/home-vacancies-fall-in-q2-but-rentals-steady-reuters/</link>
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		<title>US vows reform plan for Fannie Mae, Freddie Mac     (AFP)</title>
		<description><![CDATA[AFP &#8211; The US Treasury on Tuesday promised a plan to reform troubled state-backed mortgage firms Fannie Mae and Freddie Mac by January, firing the starting gun on what is likely to be a rancorous debate.

More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/us-vows-reform-plan-for-fannie-mae-freddie-mac-afp/</link>
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		<title>Treasury to hold conference on Fannie, Freddie     (AP)</title>
		<description><![CDATA[AP &#8211; The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference next month to discuss their future.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/treasury-to-hold-conference-on-fannie-freddie-ap/</link>
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		<title>Summary Box: Conference on Fannie, Freddie     (AP)</title>
		<description><![CDATA[AP &#8211; CONFERENCE SCHEDULED: The Obama administration will hold a conference Aug. 17 to discuss the future of government-sponsored mortgage buyers Fannie Mae and Freddie Mac, which almost collapsed nearly two years ago.
More:  continued here 
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		<link>http://www.justhomemortgages.com/2010/07/27/summary-box-conference-on-fannie-freddie-ap/</link>
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		<title>What&#8217;s next for housing finance, Fannie and Freddie?     (McClatchy Newspapers)</title>
		<description><![CDATA[McClatchy Newspapers &#8211; WASHINGTON &#8212; With the overhaul of financial regulation in the bag, the Obama administration Tuesday said it&#8217;ll focus next on housing finance &#8212; another key cause of the recent deep economic downturn &#8212; with an eye to deciding the fate of mortgage finance titans Fannie Mae and Freddie Mac.
More:  continued here [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/whats-next-for-housing-finance-fannie-and-freddie-mcclatchy-newspapers/</link>
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		<title>Over $50 Billion in Subprime Downgrades</title>
		<description><![CDATA[Fitch Ratings reported on July 19 that it downgraded 45 subprime bonds to D because of principal write-downs. 
Moody&#8217;s Investors Service reported downgrades on nearly $52 billion in subprime RMBS issued between 2005 and 2007. 
The downgrades were based on the ratings agency&#8217;s loss projection from February.
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/over-50-billion-in-subprime-downgrades/</link>
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		<title>Uptick in Fannie&#8217;s Multifamily Commitments</title>
		<description><![CDATA[Fannie Mae is beginning to see an uptick in commitment activity for multifamily loans, a company executive said in a report. 
Fannie claims to provide more liquidity to the multifamily market than any other financial institution in the country. 
About 90 percent of Fannie&#8217;s activity this year was for low- and moderate-income families.
More:  continued [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/uptick-in-fannies-multifamily-commitments/</link>
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		<title>Administration to Hold Conference on GSE&#8217;s Future</title>
		<description><![CDATA[A series of events is planned by the Obama administration on the future of the housing market, according to a news release. 
&#34;The Obama administration announced expanded opportunities for public engagement on the future of our nation&#8217;s housing finance system, including Fannie Mae and Freddie Mac,&#34; the statement said. 
The administration will host a conference [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/administration-to-hold-conference-on-gses-future/</link>
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		<title>Hawaii Mulls Change in Non-Judicial Foreclosures</title>
		<description><![CDATA[Hawaii is among 30 states that allow mortgage holders to bypass courts to foreclose on homes and in a short time put them up for auction. 
An 1874 Hawaii law allows such a move without protection for the borrower except to file suit after the foreclosure. 
A task force consisting of representatives of a broad [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/hawaii-mulls-change-in-non-judicial-foreclosures/</link>
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		<title>GSEs Then, Now and Tomorrow</title>
		<description><![CDATA[Fannie Mae was created in 1938 to boost home ownership after the Great Depression. 
Freddie Mac was created in 1970 to provide more competition to Fannie Mae. 
Together, the two government-controlled enterprises guarantee about 31 million U.S. mortgages for around $5 trillion. 
&#34;I think we&#8217;re not going to preserve Fannie and Freddie in anything like [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/gses-then-now-and-tomorrow/</link>
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		<title>Top 10 VA Loan Myths &amp; Facts</title>
		<description><![CDATA[An attempt to debunk some of the common myths associated with VA loans.  This great benefit of military service is often misunderstood and underutilized &#8211; we&#8217;re hoping this will help change things.Related posts:

What is Required to Qualify for a VA Loan? &#8230;
VA Loosens Disability Regulations: How This Affects Your VA Loan Funding Fee &#8230;
Veterans: [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/top-10-va-loan-myths-facts/</link>
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		<title>Market Update – Case Shiller Index Higher Than Expected</title>
		<description><![CDATA[U.S. treasuries and mortgages are slightly lower today as a report in Germany showed that their consumer confidence increased in August. Today&#8217;s May S&#038;P/Case Shiller Composite &#8211; 20 home price index was expected to be unchanged month over month at .20%.Related posts:

S&#038;P/Case-Shiller Index Indicates Stabilization of Housing Sector &#8230;
Case-Shiller Index Rises for Fourth Consecutive Month [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/market-update-%e2%80%93-case-shiller-index-higher-than-expected/</link>
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		<title>The Day Ahead: Case-Shiller Home Prices, Consumer Confidence, Treasury Supply</title>
		<description><![CDATA[Posted To: MBS Commentary
The S&#38;P broke key resistance yesterday, this morning those advances are being extended and interest rates are trending higher. One hour before the opening bell, Dow futures are up 57 points to 10,514 and S&#38;P 500 futures are up 6.75 points to 1,116.00. The S&#38;P broke through it&#39;s 200 day moving average [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/the-day-ahead-case-shiller-home-prices-consumer-confidence-treasury-supply/</link>
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		<title>Data Flash: S&amp;P/Case-Shiller Home Price Index +0.5% in May</title>
		<description><![CDATA[Posted To: MND NewsWire
Standard and Poor&#39;s has released the Case-Shiller Home Price Index &#8230;. 09:00 27Jul10 RTRS -US MAY HOME PRICES IN 20 METRO AREAS RISE 0.5 PCT SEASONALLY ADJ (CONSENSUS 0.2 PCT) VS 0.6 PCT IN APRIL &#8211; S&#38;P/CASE-SHILLER 09:00 27Jul10 RTRS -US MAY 20-METRO AREA HOME PRICES RISE 1.3 PCT (CONSENSUS 0.3 PCT) [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/data-flash-spcase-shiller-home-price-index-0-5-in-may/</link>
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		<title>Housing Finance Reform Now in Focus for Obama Administration</title>
		<description><![CDATA[Posted To: MND NewsWire
Much to the surprise of many pundits, the recently signed Financial Reform Bill did not outline guidelines for regulators to begin crafting the future of Fannie Mae, Freddie Mac, and Ginnie Mae. Although this was viewed as an oversight by most, it was the right move because it will allow our political [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/housing-finance-reform-now-in-focus-for-obama-administration/</link>
			</item>
	<item>
		<title>Buyback Risk Locks Some Borrowers Out of Refi Market; Jawboning on Fannie and Freddie; Anecdotes from the Trenches;</title>
		<description><![CDATA[Posted To: Pipeline Press
One patient came in and said, &#34;Doctor, I have a serious memory problem.&#34; The doctor asked, &#34;When did it start?&#34; The man replied, &#34;When did what start?&#34; That line is short and to the point. Generally speaking, markets like news when it is short and to the point &#8211; borrowers are different [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/buyback-risk-locks-some-borrowers-out-of-refi-market-jawboning-on-fannie-and-freddie-anecdotes-from-the-trenches/</link>
			</item>
	<item>
		<title>FHA Penalizes Over 1,000 Lenders for Violating Regulatory Standards</title>
		<description><![CDATA[Posted To: MND NewsWire
The Federal Housing Administration&#39;s Mortgagee Review Board (MRB) has revealed a list of over one thousand lenders against whom it has taken action over the last several months for violations of the agency&#39;s program requirements. Infractions ranged from failing to notify the Department of Housing and Urban Development of changes in license [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/fha-penalizes-over-1000-lenders-for-violating-regulatory-standards/</link>
			</item>
	<item>
		<title>Dealers Prop 2-Year Auction Demand. Assessing Lender Reprice Potential</title>
		<description><![CDATA[Posted To: MBS Commentary
The Treasury just auctioned $38 billion 2-year notes . This auction amount is $2 billion less than the previous auction, $4 billion less than the May auction, and $6 billion less than the record $44 billion auction in April. The bid to cover ratio, a measure of auction demand, was 3.33 bids [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/dealers-prop-2-year-auction-demand-assessing-lender-reprice-potential/</link>
			</item>
	<item>
		<title>Mortgage Rates Still Immune to Rising Benchmark Yields</title>
		<description><![CDATA[Posted To: Mortgage Rate Watch
A much better than expected read on New Home Sales helped the stock market post strong gains yesterday. Typically, when stocks advance, their gains come at the expense of interest rates. While benchmark Treasury yields have risen over the last week, mortgage-backed securities have managed to retain their &#8220;flight to safety&#8221; [...]]]></description>
		<link>http://www.justhomemortgages.com/2010/07/27/mortgage-rates-still-immune-to-rising-benchmark-yields/</link>
			</item>
	<item>
		<title>New home sales up, but sales remain slow</title>
		<description><![CDATA[For those seeking hope in the better-than-expected 23.6 percent jump in new home sales in June: it&#8217;s only one month&#8217;s data.
 United States &#8211; Business &#8211; Salesmanship &#8211; Marketing and Advertising &#8211; Business and Economy
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/26/new-home-sales-up-but-sales-remain-slow/</link>
			</item>
	<item>
		<title>New home sales up, but sales remain slow</title>
		<description><![CDATA[For those seeking hope in the better-than-expected 23.6 percent jump in new home sales in June: it&#8217;s only one month&#8217;s data.
 United States &#8211; Business &#8211; Salesmanship &#8211; Marketing and Advertising &#8211; Business and Economy
More:  continued here 
]]></description>
		<link>http://www.justhomemortgages.com/2010/07/26/new-home-sales-up-but-sales-remain-slow/</link>
			</item>
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