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Builder confidence continues to improve in August (National Assn of Home Builders) Builder confidence for newly built, single family homes improved for a 4th straight month in August, standing at one of the highest rates in 5 years, though that isn't saying much.
History will be kind to TARP (Wall Street Journal) The federal bailout helped stabilize many small and local banks, a service that will earn it commendations down the road, and that have already earned a net profit for the taxpayers - car industry excluded.
No more drive-by appraisals on some loans (Wall Street Journal) Rules proposed by federal regulators yesterday would require physical inspections of a property before financing, something banks are doing increasingly often.
Mortgage rates reach 2 month high (Mortgage News Daily) Despite lackluster underlying events, rates have been slowly creeping up this summer.
History will be kind to TARP (Wall Street Journal) The federal bailout helped stabilize many small and local banks, a service that will earn it commendations down the road, and that have already earned a net profit for the taxpayers - car industry excluded.
No more drive-by appraisals on some loans (Wall Street Journal) Rules proposed by federal regulators yesterday would require physical inspections of a property before financing, something banks are doing increasingly often.
Mortgage rates reach 2 month high (Mortgage News Daily) Despite lackluster underlying events, rates have been slowly creeping up this summer.
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