Monthly Archives: March 2010

New Foreclosure Prevention Plan Announced — New York Real Estate

New Foreclosure Prevention Plan Announced by John Tayeb on March 30, 2010 President Obama is announcing an expansion of foreclosure-prevent tactics, including a plan to reduce principal balances and special aid for unemployed borrowers. The bulk of the responsibility for … Continue reading

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Health Care Reform Bill Passes — New York Real Estate

Health Care Reform Bill Passes by Raja Tayeb on March 30, 2010 The U.S. House of Representatives voted Sunday to approve health care reform legislation designed to provide coverage to more than 32 million uninsured Americans. After the bill was … Continue reading

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Housing Costs Too High for Public Sector — New York Real Estate

Housing Costs Too High for Public Sector by John Tayeb on March 26, 2010 Housing is still too expensive for most people employed in public service jobs, the Center for Housing Policy found in a study released Wednesday. The study, … Continue reading

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BofA Debuts Plan for Underwater Mortgages — New York Real Estate

BofA Debuts Plan for Underwater Mortgages by Raja Tayeb on March 25, 2010 Bank of America will announce a program Wednesday to allow underwater borrowers to systematically reduce the principal they owe over five years, as long as they stay … Continue reading

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Fed Says Keeping Rates Low Is Key — New York Real Estate

Fed Says Keeping Rates Low Is Key by Raja Tayeb on March 25, 2010 The economy remains in a slump, motivating a Federal Reserve official, who is said to be President Obama’s favored candidate for vice chair of the Fed, … Continue reading

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Sunbelt Growth Slows Down — New York Real Estate

Sunbelt Growth Slows Down by John Tayeb on March 25, 2010 Boomers are staying put, close to where the jobs – or at least the potential for them – are instead of moving to the Sunbelt, according to U.S. Census … Continue reading

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Fed Says Keeping Rates Low Is Key — New York Real Estate

Fed Says Keeping Rates Low Is Key by Raja Tayeb on March 25, 2010 The economy remains in a slump, motivating a Federal Reserve official, who is said to be President Obama’s favored candidate for vice chair of the Fed, … Continue reading

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