Mortgages - The Advantages of Preapproval - NYTimes.com

Mortgages - The Advantages of Preapproval - NYTimes.com: "The difference is significant. Prequalifying for a mortgage is based solely on what you disclose to the loan officer or broker about your earnings, credit score and total assets, including what is available for a down payment.

“It’s verbal — it doesn’t really mean anything,” beyond providing some basic guidance on the range of prices you may be able to afford, said Kevin Chittenden, a vice president and regional sales manager in Paramus, N.J., for Wells Fargo Home Mortgage.

A preapproval, by contrast, requires borrowers to provide documentation of their income and their assets."

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Housing’s Future: Renting and Downsizing - Real Time Economics - WSJ

Housing’s Future: Renting and Downsizing - Real Time Economics - WSJ: "Be it ever so humble, there’s no place like a rented apartment."

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Fading 'Fear Factor' Among Home Buyers? | Realtor Magazine

Fading 'Fear Factor' Among Home Buyers? | Realtor Magazine: "The real estate market is thawing this spring. Following five years of dismal sales and falling prices, the housing market is starting to see a turnaround, according to housing surveys, agent reports, and economists. "

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Lasers - Products

Lasers - Products:

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Panetta Plan for Lean, Agile Military Reflects a Tighter Budget - Businessweek

Panetta Plan for Lean, Agile Military Reflects a Tighter Budget - Businessweek: "Panetta’s plan, which will face a divided Congress in an election year, calls for shrinking the Army and Marine Corps by about 100,000 people, while placing greater focus on advanced missiles, new unmanned systems and a new strategic bomber, among other things."

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Lawmakers Expected to Look at Fannie, Freddie Reform This Spring

Lawmakers Expected to Look at Fannie, Freddie Reform This Spring: " Fannie Mae and Freddie Mac with an entity that continues to back conforming loans but as a nonprofit, not as a for-profit company."

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FHA says: It's ok to flip that house - Dec. 29, 2011

FHA says: It's ok to flip that house - Dec. 29, 2011: "In addition, if the new sale price is 20% or more above the previous selling price, the lender has to document and justify the increase and meet other conditions, such as making sure the home has been inspected."

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U.S. Homes Set to Lose Nearly $700 Billion in Value During 2011; Total Loss Smaller Than Prior Four Years - Dec 22, 2011

U.S. Homes Set to Lose Nearly $700 Billion in Value During 2011; Total Loss Smaller Than Prior Four Years - Dec 22, 2011:

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