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Posts Tagged ‘ government ’

Another Government Shutdown?

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Another Government Shutdown?

From CNBC: White House instructs government agencies to prepare for shutdown The Trump administration instructed federal agencies to get ready for a possible government shutdown as Congress moved closer to the midnight Thursday deadline without passing a funding bill, CNBC confirmed. An Office of Management and Budget official said the office is preparing for...
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Posted in Mortgage Brokers | No Comments »

Look Ahead: Light Economic Day, Articles on Government Employment

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Look Ahead: Light Economic Day, Articles on Government Employment

There are two minor economic indicators scheduled for release tomorrow. • The Mortgage Bankers Association (MBA) will release the mortgage aplications index. • At 10:00 AM, Monthly Wholesale Trade: Sales and Inventories for March will be released. Last Friday I discussed the significant decline in government jobs over the last few years, and posted...
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Government to triple HAMP payments for principal reductions

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Government to triple HAMP payments for principal reductions

From Jon Prior at HousingWire: Treasury to pay investors triple for HAMP principal reductions The Treasury Department will triple payments to mortgage investors for reducing borrower principal through an expanded Home Affordable Modification Program announced Friday [CR note: Treasury will pay incentives ranging from .18 to .63 cents on the dollar - depending on...
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Posted in Mortgage Brokers | No Comments »

How do I buy foreclosures directly from the government?

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How do I buy foreclosures directly from the government?

Question by Bret: How do I buy foreclosures directly from the government? Do you have to be a real estate broker or agent (and have brokerage license) in order to buy directly from the government? What prices can I expect on foreclosures in our declining economy? I don’t want to pay anything higher than...
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Posted in REOs and Foreclosures | 5 Comments »

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