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	<title>LendingClarity.com</title>
	
	<link>http://www.lendingclarity.com</link>
	<description>Home loans made easy</description>
	<pubDate>Fri, 06 Nov 2009 16:27:13 +0000</pubDate>
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		<title>Friday Morning Mortgage Update</title>
		<link>http://www.lendingclarity.com/2009/11/06/friday-morning-mortgage-update/</link>
		<comments>http://www.lendingclarity.com/2009/11/06/friday-morning-mortgage-update/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 16:27:13 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=500</guid>
		<description><![CDATA[Mortgage rates should improve a bit this morning on news that October job losses of 190,000 were higher than analysts expected.  Unemployment topped 10% for the first time in a long time.  The see-saw continues.  Is the economy healing or isn&#8217;t it?
The Fed continues to be the primary buyer of mortgage backed securities (MBS), though [...]]]></description>
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		<title>Strategic Defaults: “It’s Just Business”</title>
		<link>http://www.lendingclarity.com/2009/11/06/strategic-defaults-its-just-business/</link>
		<comments>http://www.lendingclarity.com/2009/11/06/strategic-defaults-its-just-business/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 15:00:22 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Loan Modification]]></category>

		<category><![CDATA[Sac Real Estate]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=495</guid>
		<description><![CDATA[Voluntary or &#8220;strategic&#8221; mortgage defaults are challenging governmental efforts to resolve the real estate crisis.  But what are strategic defaults?
&#8220;Strategic defaulters often go straight from perfect payment histories to no mortgage payments at all. This is in stark contrast with most financially distressed borrowers, who try to keep paying on their mortgage even after they&#8217;ve [...]]]></description>
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		<title>Is This the Turning Point for Mortgage Rates?</title>
		<link>http://www.lendingclarity.com/2009/11/04/is-this-the-turning-point-for-mortgage-rates/</link>
		<comments>http://www.lendingclarity.com/2009/11/04/is-this-the-turning-point-for-mortgage-rates/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 15:43:05 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=491</guid>
		<description><![CDATA[Are you waiting for lower mortgage rates?  Don&#8217;t be silly.
Mortgage rates have started to creep slowly northward these past couple of weeks. The normal volatility associated with stock trading and economic news seems like it has produced more upticks than down.  The government has indicated that it will stop buying mortgage securities by the end [...]]]></description>
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		<title>First Time Buyer Tax Credit to be Extended</title>
		<link>http://www.lendingclarity.com/2009/11/04/first-time-buyer-tax-credit-to-be-extended/</link>
		<comments>http://www.lendingclarity.com/2009/11/04/first-time-buyer-tax-credit-to-be-extended/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 11:25:12 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[1st X Buyer]]></category>

		<category><![CDATA[Legislation]]></category>

		<category><![CDATA[Add new tag]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=493</guid>
		<description><![CDATA[It  looks like this is gathering momentum&#8230;
Senate May Approve Tax Credit Wednesday
The U.S. House and Senate are close to an agreement to extend the home buyer tax credit due to expire at the end of this month.
The Senate is expected to vote Wednesday while the House could approve it later in the week – likely [...]]]></description>
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		<title>Congress to Extend the $8k Tax Credit?</title>
		<link>http://www.lendingclarity.com/2009/10/29/congress-to-extend-the-8k-tax-credit/</link>
		<comments>http://www.lendingclarity.com/2009/10/29/congress-to-extend-the-8k-tax-credit/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 00:05:08 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[1st X Buyer]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=477</guid>
		<description><![CDATA[For those of you who thought you may have missed out, momentum appears to be building to extend the $8k tax credit.
There are two things that have made this extremely appealing to buyers.  First, it is a refundable tax credit.  That simply means that you get back $8k, even if you paid (or owe) less [...]]]></description>
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		<title>Buyer’s Choice Act Signed Into Law</title>
		<link>http://www.lendingclarity.com/2009/10/19/buyers-choice-act-signed-into-law/</link>
		<comments>http://www.lendingclarity.com/2009/10/19/buyers-choice-act-signed-into-law/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 21:19:04 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Legislation]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=480</guid>
		<description><![CDATA[The Buyer&#8217;s Choice Act (AB 957/Gagliani) was signed into law by Governor Schwarzenegger on the 12th of this month.  Thanks to the efforts of California Assemblymember Cathleen Calgiani (D-Tracy), when buying foreclosed homes buyers may now use the title company of their choice.
This was desperately needed reform.  In recent times, a few title companies had [...]]]></description>
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		<item>
		<title>The Dichotomy of Consequence: Tough Love for Main St.</title>
		<link>http://www.lendingclarity.com/2009/10/15/the-dichotomy-of-consequence-only-tough-love-for-main-st/</link>
		<comments>http://www.lendingclarity.com/2009/10/15/the-dichotomy-of-consequence-only-tough-love-for-main-st/#comments</comments>
		<pubDate>Thu, 15 Oct 2009 21:42:03 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Economy]]></category>

		<category><![CDATA[Rants]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=457</guid>
		<description><![CDATA[As wave after wave of empty loan modification promises and false homeowner rescue plans wash over us like the hot breath of a Southern Baptist preacher, precious little help arrives from on high.  It&#8217;s the dichotomy of consequence.  Americans on Main St. fight for scraps while those on Wall Street sip champagne and caviar purchased [...]]]></description>
		<wfw:commentRss>http://www.lendingclarity.com/2009/10/15/the-dichotomy-of-consequence-only-tough-love-for-main-st/feed/</wfw:commentRss>
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		<item>
		<title>FHA Loans to Get Tougher? You Betcha</title>
		<link>http://www.lendingclarity.com/2009/09/11/fha-loans-to-get-tougher-you-betcha/</link>
		<comments>http://www.lendingclarity.com/2009/09/11/fha-loans-to-get-tougher-you-betcha/#comments</comments>
		<pubDate>Fri, 11 Sep 2009 18:20:16 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=467</guid>
		<description><![CDATA[In the past few months, we have felt HUD yanking insistently on the leash of of FHA underwriting.   We&#8217;ve all been wondering, in the absence of overt policy change announcements, what&#8217;s going on and more importantly, how will it affect FHA lending.  It&#8217;s already more challenging than ever.  Will it get tougher?  The answer appears [...]]]></description>
		<wfw:commentRss>http://www.lendingclarity.com/2009/09/11/fha-loans-to-get-tougher-you-betcha/feed/</wfw:commentRss>
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		<item>
		<title>ALERT: PROPERTY TAXES IN A DECLINING MARKET CAN MESS YOU UP!</title>
		<link>http://www.lendingclarity.com/2009/09/02/alert-property-taxes-in-a-declining-market-can-mess-you-up/</link>
		<comments>http://www.lendingclarity.com/2009/09/02/alert-property-taxes-in-a-declining-market-can-mess-you-up/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 21:35:44 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Changing Guidelines]]></category>

		<category><![CDATA[Mortgage Rates]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=463</guid>
		<description><![CDATA[This is a repost of an article I wrote in March.  It came to light again because an agent I work with had a deal that hung up last minute over the issue of property taxes.  Here, with a few edits and updates, is  what I wrote:
You’re a shrewd home buyer.  You’ve waited patiently for [...]]]></description>
		<wfw:commentRss>http://www.lendingclarity.com/2009/09/02/alert-property-taxes-in-a-declining-market-can-mess-you-up/feed/</wfw:commentRss>
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		<item>
		<title>HVCC Appraisals in Sacramento</title>
		<link>http://www.lendingclarity.com/2009/08/05/hvcc-appraisals-in-sacramento/</link>
		<comments>http://www.lendingclarity.com/2009/08/05/hvcc-appraisals-in-sacramento/#comments</comments>
		<pubDate>Thu, 06 Aug 2009 01:55:07 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
		
		<category><![CDATA[Appraisals]]></category>

		<category><![CDATA[Changing Guidelines]]></category>

		<category><![CDATA[Legislation]]></category>

		<guid isPermaLink="false">http://www.lendingclarity.com/?p=460</guid>
		<description><![CDATA[The new Home Valuation Code of Conduct (HVCC) appraisal rules went into effect here in Sacramento on May 1 and the sh*t is hitting the fan.  They are a nightmare and a perfect example of the law of unintended consequences.   What started as an investigation by New York Attorney General Andrew Cuomo of Washington Mutual [...]]]></description>
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