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Dems target incentives for loan originators Premium Content

By Inman News, Friday, March 27, 2009.

House Democrats have introduced legislation that supporters say would remove incentives for mortgage brokers to place borrowers in higher-cost loans, and require lenders to retain some exposure to riskier loans that are securitized and sold to secondary market investors.  more...

First-timers worry about jobs, credit Premium Content

By Inman News, Friday, March 27, 2009.

Most prospective first-time homebuyers know interest rates are low and believe that homes are affordable. But nearly half don't know about the $8,000 tax credit available to first-time homebuyers through the end of November, and three in four say it's hard to get a loan.

Those are some of the key findings of a survey of 1,000 prospective first-time homebuyers conducted in early March for Century 21 Real Estate LLC.  more...

Everything must go

By Inman News, Friday, March 27, 2009.

Photo by BRYANT TUTAS

"Everything must go."

Bryant Tutas, broker-owner of Tutas Towne Realty Inc. in Dundee, Fla., submitted this photo of a home in Davenport, Fla. He captured the image in February 2009.

"It reminds me that there are real people that are affected by these foreclosures," according to Tutas.  more...