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Stricter Guidelines Being Announced for FHA Mortgages

The Federal Housing Administration, which insured one-third of 2009 mortgages, is getting ready to announce the stricter guidelines for securing an FHA-backed mortgage loan. Since the mortgage crisis,...

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Prison Inmates Claimed Homebuyer Tax Credit, $28 Million in Fraud

As many potential first-time homeowners rushed to lenders in order to qualify for the Homebuyer Tax Credit, which expired in April, some behind bars were successful in filing for and receiving the...

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