Today’s news that may be of interest to you:
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Housing Market May Be Better Off Left Alone: Economists
CNBC | September 14, 2011
President Obama’s proposal to expand access to mortgage refinancing has reignited a debate about the appropriate role for government in supporting the housing market.
Disaster Relief Could Complicate Short-Term Funding Measure
The Washington Post | September 14, 2011
House Republicans late Wednesday introduced a short-term funding measure to keep the government running through mid-November. It appears designed to avoid the threat of a bitter partisan battle that could lead to a shutdown.
Senate Hears Hidden Risks of Major Refinancing Plan
HousingWire | September 14, 2011
As the Obama administration works to construct a plan to refinance millions of underwater borrowers into lower-rate mortgages, a Senate subcommittee heard the hidden risks and difficulties of building such a program Wednesday.
From the National Association of Realtors®:
Western States Post Big Jump in Foreclosure Starts
Foreclosure filings and sales jumped significantly throughout areas in the West, reversing what had been a declining trend the last several months, ForeclosureRadar reports.
Top 7 Healthiest Cities
Forbes reveals the healthiest cities, taking into account such factors as clean air quality, residents’ health, and a community’s promotion of exercise and healthy living.
Freddie Offers New Loan Mod Option
Freddie Mac will offer a new option that can reduce mortgage principle and monthly payments by at least 10 percent each.
Anthony V. Carollo / President
Stewart Title of Spokane
606 W. 3rd Ave.
Spokane, WA 99201
Direct Line: 509.321.3939
Direct Fax: 866.652.8834
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