The Obama Administration’s July Housing Scorecard reveals signs of strength in real estate, prompting HUD to  call for reform that will “reduce the federal government footprint and ensure that private capital takes a sustainable central role.”
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High-end and luxury home flipping is on the rise nationwide, but it can be a gamble.
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The Federal Housing Finance Agency is the latest to step in and threaten lawsuits to try to stop municipalities from using eminent domain to purchase underwater mortgages.
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Federal regulators are investigating PNC Financial Services over its mortgage business.
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Google’s Android software has taken an even bigger bite out of the smartphone market share in recent months, overtaking rivals like Apple and Blackberry.
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If the House plan to eliminate the government’s role in the mortgage finance system becomes law, typical borrowers could pay an extra $135 per month in additional interest payments.
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