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	<title>LendingClarity.com</title>
	
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	<description>Home loans made easy</description>
	<pubDate>Thu, 04 Jun 2009 20:40:44 +0000</pubDate>
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		<title>Ah, There is Justice in the World….</title>
		<link>http://www.lendingclarity.com/2009/06/04/ah-there-is-justice-in-the-world/</link>
		<comments>http://www.lendingclarity.com/2009/06/04/ah-there-is-justice-in-the-world/#comments</comments>
		<pubDate>Thu, 04 Jun 2009 20:40:44 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=455</guid>
		<description><![CDATA[There are moments where faith is restored in small increments.   This is one.
]]></description>
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		<title>HUD Says Yes to Using $8k Tax Credit for Closing Costs</title>
		<link>http://www.lendingclarity.com/2009/06/03/hud-says-yes-to-using-8k-tax-credit-for-closing-costs/</link>
		<comments>http://www.lendingclarity.com/2009/06/03/hud-says-yes-to-using-8k-tax-credit-for-closing-costs/#comments</comments>
		<pubDate>Wed, 03 Jun 2009 16:06:26 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[1st X Buyer]]></category>

		<category><![CDATA[FHA/VA]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=452</guid>
		<description><![CDATA[In a sort of reversal of its former reversal, HUD announced that it would allow FHA approved lenders to monetize the tax credit to allow first time buyers to &#8220;apply the tax credit to their down payment in excess of 3.5 percent of appraised value or their closing costs, which can help achieve a lower [...]]]></description>
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		<title>Fed Says “No” to $8k Tax Credit For Down Payment</title>
		<link>http://www.lendingclarity.com/2009/05/19/fed-says-no-to-8k-tax-credit-for-down-payment/</link>
		<comments>http://www.lendingclarity.com/2009/05/19/fed-says-no-to-8k-tax-credit-for-down-payment/#comments</comments>
		<pubDate>Tue, 19 May 2009 17:22:52 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=447</guid>
		<description><![CDATA[Well, it was a good idea while it lasted.   Concerns about similarities between this proposal and seller-funded down payment assistance programs has scuttled the idea before it ever left port.
May. 19, 2009 12:00 AM
The Arizona Republic / J. Craig Anderson
Federal officials on Monday reversed an earlier decision to allow first-time home buyers to use an [...]]]></description>
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		<title>FHA to Allow First Time Buyers to Use $8k Tax Credit for Down Payment</title>
		<link>http://www.lendingclarity.com/2009/05/12/fha-to-allow-first-time-buyers-to-use-8k-tax-credit-for-down-payment/</link>
		<comments>http://www.lendingclarity.com/2009/05/12/fha-to-allow-first-time-buyers-to-use-8k-tax-credit-for-down-payment/#comments</comments>
		<pubDate>Tue, 12 May 2009 18:47:58 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=442</guid>
		<description><![CDATA[I haven&#8217;t heard the official announcement,  and banks often take awhile to adopt these changes formally, but this would be great news indeed.
&#8230;from Realtor.org
&#8220;Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use [...]]]></description>
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		<title>Home Affordable Refinance &amp; Fannie Mae’s “Refi Plus”</title>
		<link>http://www.lendingclarity.com/2009/04/03/home-affordable-refinance-fannie-maes-refi-plus/</link>
		<comments>http://www.lendingclarity.com/2009/04/03/home-affordable-refinance-fannie-maes-refi-plus/#comments</comments>
		<pubDate>Fri, 03 Apr 2009 18:21:50 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=438</guid>
		<description><![CDATA[Fannie Mae has clarified its implementation of the Obama Administration Making Home Affordable Plan announced on March 4, 2009.   The refinance pice of the Obama plan&#8211;Home Affordable Refinance&#8211;is for borrowers with an acceptable payment history who have been unable to refinance to lower rates or a more stable loan due to declines in property values.
It  [...]]]></description>
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		<title>Do You Owe Taxes on Cancellation of Debt?</title>
		<link>http://www.lendingclarity.com/2009/03/30/do-you-owe-taxes-on-cancellation-of-debt/</link>
		<comments>http://www.lendingclarity.com/2009/03/30/do-you-owe-taxes-on-cancellation-of-debt/#comments</comments>
		<pubDate>Mon, 30 Mar 2009 16:34:03 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=435</guid>
		<description><![CDATA[For those who have lost a home or defaulted on other debt, the salt in the wound might be the income liability associated with cancellation of debt.   As you may know, when you are relieved of debt, the IRS considers the amount to be taxable income.   And this is the time of year when those [...]]]></description>
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		<title>Mortgage Rates Slide, But Pressure is Building</title>
		<link>http://www.lendingclarity.com/2009/03/28/mortgage-rates-slide-but-pressure-is-building/</link>
		<comments>http://www.lendingclarity.com/2009/03/28/mortgage-rates-slide-but-pressure-is-building/#comments</comments>
		<pubDate>Sat, 28 Mar 2009 20:24:10 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=433</guid>
		<description><![CDATA[To read the news, you would think mortgage rates had suddenly fallen through the floor.   While the slide has been steady in recent weeks, owing to the Fed&#8217;s fat wallet and their promise to shill at the Treasury auctions, the decline is clearly not as dramatic as portrayed by the headline-hungry media.
Here&#8217;s what I mean.  [...]]]></description>
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		<title>California Legislature Passes 90 Day Foreclosure Moritorium</title>
		<link>http://www.lendingclarity.com/2009/03/27/california-legislature-passes-90-day-foreclosure-moritorium/</link>
		<comments>http://www.lendingclarity.com/2009/03/27/california-legislature-passes-90-day-foreclosure-moritorium/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 19:00:43 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=431</guid>
		<description><![CDATA[The California State legislature recently approved a 90 day moratorium on foreclosures.  Exempted are banks with loan modification programs.  Although opponents vehemently denounced the new law as merely delaying the inevitable, the exemption could apply needed pressure on the banks to more actively modify loans.  Other critics argue that there are too many loopholes and [...]]]></description>
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		<title>First Time Home Buyer Tax Credit FAQ</title>
		<link>http://www.lendingclarity.com/2009/03/25/first-time-home-buyer-tax-credit-faq/</link>
		<comments>http://www.lendingclarity.com/2009/03/25/first-time-home-buyer-tax-credit-faq/#comments</comments>
		<pubDate>Wed, 25 Mar 2009 20:09:51 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=429</guid>
		<description><![CDATA[With the First Time Home Buyer Tax Credit that was first passed last Fall, and the recent House and Senate versions that modified that further, some people are still confused about the details.  How much is the credit, when does the home have to be purchased, and can the tax credit still be taken for [...]]]></description>
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		<title>The Fed Action Fails to Drive Mortgage Rates Down Significantly</title>
		<link>http://www.lendingclarity.com/2009/03/23/the-fed-action-fails-to-drive-mortgage-rates-down-significantly/</link>
		<comments>http://www.lendingclarity.com/2009/03/23/the-fed-action-fails-to-drive-mortgage-rates-down-significantly/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 20:58:42 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<category><![CDATA[Geithner]]></category>

		<category><![CDATA[mortgage rates]]></category>

		<category><![CDATA[the Fed]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/2009/03/23/the-fed-action-fails-to-drive-mortgage-rates-down-significantly/</guid>
		<description><![CDATA[Last week&#8217;s announcement by the Fed that it was committed to buying an additional $750b of mortgage-backed securities (MBS) and up to $300b of Treasuries had a brilliant one-day impact on mortgage rate.  For the remainder of Wednesday, mortgage rates &#8220;plunged&#8221; (in the words of the Sacramento Bee) by one-quarter to one-half percent.  [...]]]></description>
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