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Real Estate Mortgages for Laforuche Parish: Jan. 25, 2014
http://www.dailycomet.com/article/20140124/NEWS20/140129706?Title=Real-Estate-Mortgages-for-Laforuche-Parish-Jan-25-2014
Houma Mortgage & Loan Inc; Mortgagor: April A Johnson, Marco Sierra; Lot 3 Blk A Meadowland; $20,163; Entry#1170253 on 1/7/2014. • Community Bank; Mortgagor: James B Miller Jr, Shantel I Darden; Sec 43 T17S-R18E; $44,070; Entry#1170258 on 

Ottawa to Ease Credit Union Transition to Federal Regulation
http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2014/01/ottawa-to-ease-credit-union-transition-to-federal-regulation.html
From a mortgage standpoint, however, a move to federal rules would be a mixed bag. For one thing, it would put CUs that elect federal BC's Coast Capital and Ontario's Meridian Credit Union are two that have." Almost 1/3 of Canadians are credit

St. Tammany Parish real estate transfers
http://www.nola.com/realestatetransfers/index.ssf/2014/01/st_tammany_parish_real_estate_115.html
Beebalm Circle 421: DR Horton Inc. Gulf Coast to Heather A. Primeaux and Brent C. Bourgeois, $229,900. Camden Park Drive 406: Deborah Hanzo . Ozone Place, lot 39-A, square 346-A: HSBC Bank USA NA, as Trustee for Merrill Lynch Mortgage Investors Inc

Shaking Things Up
http://online.barrons.com/article/SB50001424053111903704404579334780442204564.html?mod=googlenews_barrons
Meryl, Eagle Capital's resident money-managing math whiz, dissects the prospects for four promising companies that she thinks have fallen unfairly out of favor. And Bill, chief of everything at bond behemoth Pimco, not only shares his insights into the 

You're the Boss Mortgage from Coast Capital Savings (Punjabi)

(Punjabi with subtitles) Our You're the Boss™ Mortgage is full of flexible features designed to put you in charge. Because saying hello to a ...

HomeReady and home possible: Loans with 3% down for 2018

Fannie Mae HomeReady

Jonathan Lawless, vice president for product development and affordable housing at Fannie Mae, says today’s low-down-payment FHA loans can be “expensive," with upfront and ongoing mortgage insurance premiums that last for the life of the loan. So Fannie Mae decided to build a competitive low-down-payment loan product of its own.

There are income limits wrapped into the HomeReady program, except in designated low-income neighborhoods. Fannie’s standard 97 LTV loan doesn’t have such restrictions, if at least one borrower is a first-time home buyer.

Though the FHA is known for its relaxed lending requirements — including a credit score minimum of 580 — Fannie’s HomeReady has a little wiggle room of its own. It allows parents to be co-borrowers — without residing in the home — and payments from a rental property can be considered as an income source. Borrowers can also have up to a 50% debt-to-income ratio and a FICO score as low as 620.

Canadian banks to report strong quarter amid housing stability, interest rate hikes

One factor looming over the banks's earnings for most of the fiscal year has been housing activity and mortgage originations after tighter lending guidelines were introduced at the beginning of the year.

National home sales in July were down 1.3 per cent compared to a year earlier, smaller than the double-digit declines seen in previous months. The Canadian Real Estate Association said that the new stress test for uninsured mortgages "continues to weigh on home sales but its effect may be starting to fade slightly in Toronto and nearby markets." However, fewer sales in major urban centres in British Columbia weighed down the overall home sales figure.

Some analysts say they expect banks' earnings performance to be driven in part by improvements in housing market stability, particularly in the Greater Toronto Area, but others are advising caution.

In the fiscal first and second quarters, most Canadian lenders got a bump from a spike in mortgage origination at the end of the calendar year as homebuyers rushed to lock in home loans before the new rules took effect on Jan. 1.

How would you fix this economy?

Here are my ideas. What are yours?

1) Small scale lending must be nationalized. The "free market" has little interest in lending to individuals and small businesses.