Wednesday, June 24, 2009

Today's Inbox: Grassley protects lending institutions - Des Moines Register

Sen. Charles Grassley recently voted against mortgage relief for struggling homeowners (S. 896), but protected lending institutions. Lobbyists who represent the mortgage and private-equity industries (Aflac, Mortgage Bankers Association, Mortgage ..., more 
and Housing recovery still tenuous - Coloradoan  While a national home sales report shows signs that previously occupied home sales increased slightly from April to May, a recovery of the housing sector is still tenuous. The National Association of Realtors reported Tuesday that home sales rose 2.4 ..., more 
and The Tax Implications of Foreclosures - Smart Money  A foreclosure transaction occurs when a mortgage lender repossesses a borrower’s property and then sells it to pay off the debt. In most cases, however, a foreclosure will only happen when the mortgage debt exceeds the property's fair market value ..., more 

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