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Consumer Agency to Propose Curbs on Origination Fees – NYTimes.com
By EDWARD WYATT Published: May 9, 2012 WASHINGTON — The Consumer Financial Protection Bureau said it planned to propose tighter mortgage lending regulations that would limit the ability of banks and...
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Freddie Mac’s ’Omniscient Gnomes’ Led the Company Astray
For me, a magazine advertisement in 1984 explains where it all went wrong. In a bizarre ad in the American Bankers Association journal, the chief financial officer of Freddie Mac, Leland Brendsel,...
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Piggyback Mortgages, Once Scorned, Come Back
Piggyback loans are slowly making a comeback as home values start to pick up. These loans mean a borrower takes out two mortgages at once. The second mortgage is in the form of a home equity loan or...
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Face The Nation
With all the talk this year about housing finance reform, doomsayers have started to predict the demise of the 30-year fixed-rate mortgage. Theoretically, two housing finance reform bills circulating...
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