Federal mortgage-modification plan helps only fraction of target
The new president climbed aboard Air Force One a year ago for a trip to Phoenix to reveal his strategy for attacking the housing crisis…

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Canada tightens mortgage lending rules
Canada is tightening mortgage lending rules as historic low rates are raising fears of a potential housing bubble, the country’s finance minister said Tuesday.

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Tightened mortgage rules could slow home sales
Finance Minister Jim Flaherty tightened mortgage rules on Tuesday and, in doing so, may have taken the steam out of a housing market that had seen prices and sales activity rise rapidly over the last year.

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Canada tightens mortgage lending rules
Canada is tightening mortgage lending rules as historic low rates are raising fears of a potential housing bubble.

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Westpac tightens mortgage criteria
Westpac tightens its mortgage loan criteria and realigns its funding towards high-quality mortgage intermediaries.

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FHA raises fees, tightens mortgage underwriting
The Federal Housing Administration says it would raise down-payment requirements, boost its mortgage-insurance premiums and tighten its loan underwriting practices in the face of rising foreclosures and delinquencies.

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