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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
It's no secret that the GSEs have been demanding billions of dollars in loan buybacks over the past year, but now Freddie Mac is warning that some of its seller/servicers may not meet their repurchase obligations. "Some of our seller/servicers…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
OK. Let me preface this buy saying that not too long ago, I was caught in the miserable predicament of a 'bidding war' over a home that I had absolutely fallen in love with. This was up in Boston, not down here in Florida. Houses up there have so…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
What is meant by "Title? " "Title" is the foundation of ownership property. It means that you have a legal right to possess that property and to use it within the restrictions imposed by authorities or limitations on its use-superimposed on the basic…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
Eventually, the excessively high loan limits that FHA permits in high cost areas will subside, slowly but surely, which will incourage more privatized residential financing. With that comes less compliance/documentation/paperwork. Clearly, a lot…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
In my humble (and worthless) economic opinion, the fastest and/or ONLY way to truly stop the bleeding in the US Housing Market has always been principal reduction. Modifications, payment extensions, rate reductions and other short term solutions…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
Fannie Mae has opened a help center in Miami for homeowners seeking to avoid foreclosure, the first of several across the country it says it will open. The help center has a bilingual on-site staff and is part of an initiative with civic and…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
FHA Up Front Mortgage Insurance Premium Increase All affected FHA loans with case numbers assigned after April 5th, 2010 will incur an Up Front Mortgage Insurance Premium Increase of 2. 25% (In the past the UFMIP was as low as 1. 50% ). When…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
Bank of America wants to give struggling mortgage customers who are collecting unemployment benefits up to nine months with no mortgage payment. That's right. Zero payment. Customers would have to agree that, if they haven't found a job within…
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Jeremy Cohen - Infinite Title (Infinite Title Solutions)
NEW YORK (CNNMoney. com) -- What the heck happened to the FHA's loans in Florida? The state dominates the list of troubled metro areas for Federal Housing Administration-insured mortgages. In fact, 16 of the top 25 locales with the highest default…
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