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13 HOURS AGO - TheStreet

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Easy Money Drives Up the Price of College Tuition, says New York Fed

NEW YORK ( MainStreet) — Some higher education observers have long thought that there has been a relationship between the cost of college and the availability of student loans. Cheap money—and more of it—puts upward pressure on the price of tuition. Now the New York Fed has noticed it also and has produced a study that delves into this issue. ...

Tags: Easy Money Drives Up the Price of College Tuition, says New York Fed,  Mortgage Loans Latest News

JUL 05, 2015 - Boston Herald

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Lenders go high-tech to spot borrowers’ lies

WASHINGTON — It’s one of the most common lies that home buyers tell mortgage lenders, and it may be on the upswing: In order to get a lower interest rate and down payment, applicants say they plan to occupy the house as a principal residence when in fact they have no such ?intention.The incidence of occupancy misrepresentation rose 20 percent ...

Tags: Lenders go high-tech to spot borrowers’ lies,  Mortgage Loans Latest News

JUL 02, 2015 - National Mortgage News

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Conforming Rates Hit 2015 High

Mortgage rates rose, sending the average for 30-year loans to the highest since October.

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JUL 01, 2015 - Huffington Post

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CEOs Of Fannie And Freddie Get Big Raises

NEW YORK (AP) — The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out. In forms filed with the Securities and Exchange Commission on Wednesday, the companies disclosed that ...

Tags: CEOs Of Fannie And Freddie Get Big Raises,  Mortgage Loans Latest News

JUL 01, 2015 - National Mortgage News

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Doubling Down on California Real Estate Lending

After it all but stopped making real estate and development loans following the housing crash, Farmers & Merchants Bank has increased its real estate loans by more than 61% over the last two years. It's a figure that's likely to keep rising as California's real estate market heats up and the $5.6 billion-asset bank continues to add commercial real estate, ...

Tags: Doubling Down on California Real Estate Lending,  Mortgage Loans Latest News