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	<title>Mortgage Rate News</title>
	<link>http://banks.com/blogs/mortgages</link>
	<description>Find the latest mortgage rates, mortgage rate news and articles on the Banks.com Mortgage Blog.</description>
	<lastBuildDate>Thu, 24 Jul 2008 17:29:45 +0000</lastBuildDate>
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		<title>Reducing Your Debt-to-Income Ratio: Student Loan Forgiveness</title>
		<description><![CDATA[One of the important considerations that mortgage lenders look at when deciding whether you will get a loan, and how much they will lend you, is your debt-to-income ratio. This ratio expresses what percentage of your income goes to paying off your debts.
For example, if your monthly income is $4,500, and your total debt payments [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/24/reducing-your-debt-to-income-ratio-student-loan-forgiveness/</link>
			</item>
	<item>
		<title>Reader Question: Can I Get a Home Equity Loan?</title>
		<description><![CDATA[One of the questions that I have been asked a lot lately is this one:
How likely am I to get a home equity loan?
As with most personal finance questions, it really does depend on your personal situation. And what a mortgage lender is willing to for you (which is increasingly less and less). But there [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/23/reader-question-can-i-get-a-home-equity-loan/</link>
			</item>
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		<title>FDIC: Subprime Mortgage Lender</title>
		<description><![CDATA[It seems a little counter-intuitive that the government insurance agency would take over a failed bank and then continue its practices. But that&#8217;s just what the FDIC did back in 2001 when it took over Superior Bank FSB. As new information comes to light about the mortgage market crash, there are questions about the way [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/22/fdic-subprime-mortgage-lender/</link>
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		<title>Watch Out: Home Mortgage Loans Are About to Get More Expensive</title>
		<description><![CDATA[There has been a lot of scrutiny regarding Fannie Mae and Freddie Mac, the two government chartered mortgage lenders that are the biggest buyers of home mortgage loans in the country. There are worries that the banks might fail, and even suggestions by some that the mortgage loans that the two banks have be divided [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/21/watch-out-home-mortgage-loans-are-about-to-get-more-expensive/</link>
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		<title>Good News: Credit Related Writedowns Result in a $2.5 Billion Loss for Citi</title>
		<description><![CDATA[Citigroup Inc. got its fair share of hits, thanks to the mortgage market and credit market messes. Subprime mortgage writedowns, as well as other credit related writedowns, totaled more than $7 billion. So for quarterly earnings, Citi is reporting a $2.5 billion loss.
And this is good news.
New stock market conventional wisdom: &#8220;not that bad&#8221; is [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/18/good-news-credit-related-writedowns-result-in-a-25-billion-loss-for-citi/</link>
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		<title>Mortgage Interest Rates Drop</title>
		<description><![CDATA[For the second week in a row, mortgage interest rates are dropping. This is good news for would-be homebuyers who have had to contend with higher interest rates, even as the mortgage market stagnates. This could also be good news for mortgage lenders, who have been giving out fewer loans. Lower mortgage interest rates could [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/17/mortgage-interest-rates-drop/</link>
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		<title>Fannie, Freddie May Help Housing Relief Bill</title>
		<description><![CDATA[There has been plenty of partisan wrangling over the housing relief bill currently making its way sluggishly through Congress. And there has been disputes between Congress and the White House. Now, though, a solution may have been found. Fannie Mae and Freddie Mac may actually get the housing relief bill through weeks ahead of when [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/15/fannie-freddie-may-help-housing-relief-bill/</link>
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		<title>Government Unveils Plan for Fannie, Freddie while IndyMac Reopens</title>
		<description><![CDATA[It&#8217;s been a busy weekend for the Federal Government. It&#8217;s been taking over IndyMac and working out how to save Fannie Mae and Freddie Mac from complete insolvency.
Fannie Mae and Freddie Mac to receive bailout
One of the pieces of news that its helping the stock market, the US dollar and even Treasuries all rebound from [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/14/government-unveils-plan-for-fannie-freddie-while-indymac-reopens/</link>
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		<title>Fannie Mae, Freddie Mac Bring Stock Market Down</title>
		<description><![CDATA[In order to allow more people to get home mortgage loans, the government chartered two mortgage lenders and gave them the ability to buy home mortgage loans from other lenders. These companies are Fannie Mae and Freddie Mac. They used to be heavily regulated. But in the days when de-regulation was in vogue, Fannie Mae [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/11/fannie-mae-freddie-mac-bring-stock-market-down/</link>
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		<title>What Should You Consider When Buying a Home? (Part 2)</title>
		<description><![CDATA[Yesterday, I shared some tips on what to consider when buying a home. Today, I&#8217;d like to share a few more. These tips come from a guest post by Mike on Get Rich Slowly. First, though, a recap of the tips from Part 1 (tips 1-5):

Choose a good location.
Consider your budget.
Know the market.
Don&#8217;t believe everything [...]]]></description>
		<link>http://banks.com/blogs/mortgages/2008/07/10/what-should-you-consider-when-buying-a-home-part-2/</link>
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