Month: May 2011

This Is America

From SB Nation: Many give Boston Red Sox fans plenty of grief, some of it warranted, some of it not. Red Sox Nation has become, for better or worse, a whipping boy. But the following video of the crowd at Fenway Park helping an autistic man sing the National Anthem,...

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Lower Rates with Prepay Fee

Seen in the latimes.com: Will the move to dismantle Fannie Mae and Freddie Mac mean the end of the 30-year fixed-rate mortgage as we have come to know it? Many housing proponents say that it will. Without the government's backing, they contend that the 30-year...

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Fannie/Freddie Death March

From HW: Republicans in the House of Representatives unveiled seven more bills Friday to reform the government-sponsored enterprises for a total of 15 since March. Rep. Scott Garrett (R-N.J.) is chairman of the GSE subcommittee and leads the GOP effort to wind down...

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ARM Recasts Coming

From Reuters: Remember way back in 2006, when everyone was in a frenzy to buy a house, any house, with whatever mortgage they could grab? In many cases, it meant signing up for adjustable-rate mortgages that would reset in half a decade. Move forward those five years...

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Mello-Roos to Increase?

From the Coast News: Those who own property in the Encinitas Ranch might want to take a closer look at your Mello Roos Taxes. They are going to increase. Encinitas City Council voted 3-1 April 27 to allow the Encinitas Ranch Golf Authority, or ERGA, to pay themselves...

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