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REAL ESTATE Looks like a lot of HUD REO's are coming

kurtyordy

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Aug 28, 2007
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http://news.yahoo.com/s/ap/20080214/ap_on_go_pr_wh/economy_stimulus;_ylt=Au1aWe0P4Qq9X5YvU0vabtcD5gcF

_Housing rescue: Allow more subprime mortgage holders to refinance into federally insured loans by raising the limit on Federal Housing Administration loans from $362,790 to as high as $729,750 in expensive areas. Increase the availability of mortgages by providing a one-year boost to the cap on loans Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets.
Looks like it may be time to start buying the bank stocks, Uncle Sam to their rescue
 

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andviv

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Jul 27, 2007
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the link does not work for me. It seems to be related to your email account somehow. Could you please try posting the link again? or is it me?
 

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