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Credit crunch squeezes housing finance agencies - BusinessWeekThe financial meltdown has come down hard on the nation's housing finance agencies, which provide tens of thousands of mortgages to first-time poor and moderate-income home buyers. West Virginia has stopped going to market with bond sales, as has ...
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Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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