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Big Four Set to Participate in HARP 2.0 -


The industry's four largest mortgage servicers all say they will be taking part in the revamped Home Affordable Refinance Program (HARP). Bank of America, Chase, Citigroup, and Wells Fargo have each expressed their support of...


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Foreclosure slowdown stabilizes real estate values -


Home values were down on a yearly basis in August, but showed relative stability in the near term, according to indices that track home values nationwide.


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Recession Fears Eased: Economy Grows at 2.5 Percent in Third Quarter -


(MCT)—The economy grew at an annual rate of 2.5 percent in the three months ending Sept. 30, the government reported, easing fears that the nation would...


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Mortgage applications increase 4.9% -


Mortgage applications rose 4.9% from last week as refinancing activity and home purchases increased by more than 4%, an industry trade group said. The Mortgage Bankers Association noted...


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Short Sales Offer Significant Discounts in Several Major Cities -


Short sales are growing throughout the nation as distressed homeowners and servicers continue to seek alternatives to foreclosure and home buyers increasingly opt for the significant discounts that come with short sales. With...


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