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  • Want to own a home? Say no to student loans

    Many Americans have traded a white picket fence for an education. A study released this month by the National Association of Realtors found 71 percent of non-homeowners with students loans …


  • Housing programs hurt U.S.

    Not Seattle! Home prices in the “Queen City” of the Northwest were not supposed to go south. This isn’t Miami, Phoenix or Las Vegas, where suntanned speculators built big, borrowed …


  • Jumbo mortgage now available for seniors with pricey homes

    A new jumbo reverse mortgage option has finally surfaced for seniors with higher-value homes who have been seeking to tap more home equity than the federally insured FHA program can …


  • More homeowners refinancing to get low rates

    NEW YORK – Mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades. The Mortgage Bankers Association said Wednesday the gain was fueled …


  • Mortgage modification program working better

    BOSTON – Homeowners who had mortgages modified recently are faring better than those who did so earlier in the housing crisis, according to a report released Tuesday, possibly debunking predictions …


  • Four Wells Fargo Financial stores to close in area

    Three Wells Fargo Financial stores in Spokane and one in Coeur d’Alene will close in September as part of a Wells Fargo & Co. restructuring. The company is closing all …


  • Senate panel: Lax regulators helped doom WaMu

    The chairman of a Senate panel investigating the causes of the financial crisis is blasting federal bank regulators who ignored mounting risk at Washington Mutual and then fought among themselves …


  • Every step to home loan solution a fight

    On Monday, Jim Shafer learned by mail that he had been denied a modification for his home loan. Also on Monday, Jim Shafer learned by phone that he had been …


  • Ex-WaMu execs defend bank’s actions before failure

    The former CEO of Washington Mutual, the biggest U.S. bank ever to fail, on Tuesday defended the bank’s actions to reduce risks from the looming housing bust.


  • Government unveils plan to shrink some home loans

    After months of criticism that it hasn’t done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home …

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