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Home Prices May Rise? More Mortgage Applicants in First Week of 2012

Home prices may rise soon as more and more people start filling out mortgage application forms. If you’re putting off plans to buy a home, hoping for lower mortgage rates, then now may be time to reconsider. In a recent Reuters report, consumer demand for housing and refinancing loans rose in the week ended January more »

Underwater? US FHFA Mulls ZERO-interest Mortgage Loans

A federal housing agency considers temporarily eliminating interest in mortgage debts held by bankrupt homeowners. In a report from the Financial Times, the Federal Housing Finance Agency (FHFA) said it was seriously considering proposals for setting interest rates to zero for mortgage loans for borrowers who: Are undergoing Chapter 13 Bankruptcy proceedings Owe more than more »

Fed Cries Foul on Shady Mortgage Servicers

The Federal Reserve now officially blames mortgage servicers for the chronically problematic housing sector, saying these companies make the housing market harder to fix. In a United Press International Report, Federal Reserve Governor Sarah Bloom Raskin said, “Severe misconduct that has been uncovered in the mortgage servicing sector [should] be addressed,”  adding that an alarming more »

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Paradigm Mortgage Services, Inc.

7101 Wisconsin Avenue, #1204
Bethesda, MD 20814
Phone: 301-941-1992
Fax: 240-371-4850

NMLS ID #205094

Maryland Mortgage Lender License #1849, Virginia Broker License #MC-163, District of Columbia Mortgage Broker License #MLB205094