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	<title>Bills Mortgage Blog</title>
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	<description>A 10 year Veteran In The Mortgage Biz Answers Your Questions.</description>
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		<title>Bills Mortgage Blog</title>
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		<title>Bank Of America to buy Countrywide</title>
		<link>http://mortgageanswers.wordpress.com/2008/01/15/bank-of-america-to-buy-countrywide/</link>
		<comments>http://mortgageanswers.wordpress.com/2008/01/15/bank-of-america-to-buy-countrywide/#comments</comments>
		<pubDate>Tue, 15 Jan 2008 03:15:02 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[690130]]></category>

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		<description><![CDATA[NEW YORK(MarketWatch)&#8211; Massachusetts congressman Barney Frank (Dem), the Chairman of the House Financial Services Committee, said Friday that Bank of America&#8217;s CFC) &#8220;could be a positive development in the subprime crisis.&#8221; However, Frank urged Countrywide to be more aggressive in &#8230; <a href="http://mortgageanswers.wordpress.com/2008/01/15/bank-of-america-to-buy-countrywide/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=87&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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			<media:title type="html">End of Story</media:title>
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		<title>Nova Star Sub Prime Lender Selling Off</title>
		<link>http://mortgageanswers.wordpress.com/2008/01/15/nova-star-sub-prime-lender-selling-off/</link>
		<comments>http://mortgageanswers.wordpress.com/2008/01/15/nova-star-sub-prime-lender-selling-off/#comments</comments>
		<pubDate>Tue, 15 Jan 2008 03:10:53 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[690130]]></category>
		<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[Rates]]></category>
		<category><![CDATA[Sub Prime Mortgages]]></category>

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		<description><![CDATA[SAN FRANCISCO (MarketWatch) &#8212; NovaStar Financial Inc. shares tumbled 38% on Monday, selling off after the company said it will lay off most of its remaining staff and let its mortgage licenses lapse. The company (NFI: novastar finl inc com &#8230; <a href="http://mortgageanswers.wordpress.com/2008/01/15/nova-star-sub-prime-lender-selling-off/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=86&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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			<media:title type="html">End of Story</media:title>
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		<title>Deutsche Bank Reviewing Entire Mortgage Biz</title>
		<link>http://mortgageanswers.wordpress.com/2008/01/04/deutsche-bank-reviewing-entire-mortgage-biz/</link>
		<comments>http://mortgageanswers.wordpress.com/2008/01/04/deutsche-bank-reviewing-entire-mortgage-biz/#comments</comments>
		<pubDate>Fri, 04 Jan 2008 18:11:05 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[Home Loans]]></category>
		<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[mortgage lenders]]></category>
		<category><![CDATA[subprime]]></category>

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		<description><![CDATA[Deutsche Bank, a top-ranked issuer of subprime mortgage-backed securities, will conduct a top-to-bottom review of its entire mortgage business in the first quarter, according to officials at the company. A spokeswoman for the bank confirmed that a review will soon &#8230; <a href="http://mortgageanswers.wordpress.com/2008/01/04/deutsche-bank-reviewing-entire-mortgage-biz/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=85&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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		<title>Rates Decline</title>
		<link>http://mortgageanswers.wordpress.com/2008/01/04/rates-decline/</link>
		<comments>http://mortgageanswers.wordpress.com/2008/01/04/rates-decline/#comments</comments>
		<pubDate>Fri, 04 Jan 2008 18:08:39 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[How Rates Are Set]]></category>
		<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[home loan rates]]></category>

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		<description><![CDATA[The average 30-year fixed mortgage rate fell from 6.17% to 6.07% over the seven-day period ended Jan. 3, according to Freddie Mac&#8217;s Primary Mortgage Market Survey. The average 15-year fixed mortgage rate fell from 5.79% to 5.68%, the average rate &#8230; <a href="http://mortgageanswers.wordpress.com/2008/01/04/rates-decline/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=84&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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		<item>
		<title>NatCity Exits All &#8216;Broker-Based&#8217; Lending</title>
		<link>http://mortgageanswers.wordpress.com/2008/01/04/natcity-exits-all-broker-based-lending/</link>
		<comments>http://mortgageanswers.wordpress.com/2008/01/04/natcity-exits-all-broker-based-lending/#comments</comments>
		<pubDate>Fri, 04 Jan 2008 18:03:52 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[mortgage lenders]]></category>
		<category><![CDATA[mortgage meltdown]]></category>
		<category><![CDATA[subprime loans]]></category>

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		<description><![CDATA[National City Corp., Cleveland, said Wednesday that it will exit all &#8220;broker-based&#8221; mortgage lending and will shut down its wholesale unit, resulting in layoffs of 900 workers. The company also said it will not fund any mortgage unless it is &#8230; <a href="http://mortgageanswers.wordpress.com/2008/01/04/natcity-exits-all-broker-based-lending/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=83&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<item>
		<title>Dismal 08 Forcast for Homebuilders</title>
		<link>http://mortgageanswers.wordpress.com/2007/12/23/dismal-08-forcast-for-homebuilders/</link>
		<comments>http://mortgageanswers.wordpress.com/2007/12/23/dismal-08-forcast-for-homebuilders/#comments</comments>
		<pubDate>Sun, 23 Dec 2007 20:24:15 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[690130]]></category>
		<category><![CDATA[FHA]]></category>
		<category><![CDATA[Forclosure]]></category>
		<category><![CDATA[Housing Starts]]></category>
		<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[New Homes]]></category>
		<category><![CDATA[VA]]></category>

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		<description><![CDATA[Fitch Sees &#8216;Dismal&#8217; &#8217;08 for Homebuilders Tighter mortgage standards and significant inventories of new and existing homes for sale portend &#8220;another dismal year&#8221; for homebuilders in 2008, according to Fitch Ratings. The rating outlook for the homebuilding sector is negative, &#8230; <a href="http://mortgageanswers.wordpress.com/2007/12/23/dismal-08-forcast-for-homebuilders/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=82&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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		<item>
		<title>YSP..</title>
		<link>http://mortgageanswers.wordpress.com/2007/12/20/ysp/</link>
		<comments>http://mortgageanswers.wordpress.com/2007/12/20/ysp/#comments</comments>
		<pubDate>Thu, 20 Dec 2007 20:43:06 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[690130]]></category>
		<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Mortgage Laws]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[No Cost Loans]]></category>
		<category><![CDATA[YSP]]></category>

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		<description><![CDATA[Breaking News: Fed&#8217;s proposal has YSP provision all wrong, brokers say Mortgage brokers are uneasy about revisions to Regulation Z &#8212; released Dec. 18 by the Federal Reserve Board &#8212; which includes a prohibition of yield spread premium without a &#8230; <a href="http://mortgageanswers.wordpress.com/2007/12/20/ysp/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=80&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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	</item>
		<item>
		<title>Market Update</title>
		<link>http://mortgageanswers.wordpress.com/2007/12/20/market-update-2/</link>
		<comments>http://mortgageanswers.wordpress.com/2007/12/20/market-update-2/#comments</comments>
		<pubDate>Thu, 20 Dec 2007 19:39:02 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[]]></category>
		<category><![CDATA[Mortgage Industry]]></category>
		<category><![CDATA[Mortgage Market]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[Unemployment Claims]]></category>

		<guid isPermaLink="false">http://mortgageanswers.wordpress.com/2007/12/20/market-update-2/</guid>
		<description><![CDATA[December 20, 2007 Some more evidence this morning that the economy is slowing; weekly claims for unemployment jumped 12K to 346K last week. The last two recessions hit when the 4-week average rose above 362K as the new two year &#8230; <a href="http://mortgageanswers.wordpress.com/2007/12/20/market-update-2/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=79&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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		<item>
		<title>Market Update</title>
		<link>http://mortgageanswers.wordpress.com/2007/12/19/market-update/</link>
		<comments>http://mortgageanswers.wordpress.com/2007/12/19/market-update/#comments</comments>
		<pubDate>Wed, 19 Dec 2007 21:10:04 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[Home Loans]]></category>
		<category><![CDATA[Rates]]></category>

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		<description><![CDATA[December 19, 2007 Treasuries and mortgages started better this morning on more slight weakness in most global equity markets. The markets are increasing the outlook for economic weakness across the globe in the first two quarters of 2008 sending stock &#8230; <a href="http://mortgageanswers.wordpress.com/2007/12/19/market-update/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=78&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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		<item>
		<title>Countrywide Subpoenaed As Two State Probes Launched</title>
		<link>http://mortgageanswers.wordpress.com/2007/12/18/countrywide-subpoenaed-as-two-state-probes-launched/</link>
		<comments>http://mortgageanswers.wordpress.com/2007/12/18/countrywide-subpoenaed-as-two-state-probes-launched/#comments</comments>
		<pubDate>Tue, 18 Dec 2007 20:20:18 +0000</pubDate>
		<dc:creator>Bill Corley</dc:creator>
				<category><![CDATA[MORTGAGE NEWS]]></category>
		<category><![CDATA[Countrywide]]></category>
		<category><![CDATA[Home Mortgage]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Rates]]></category>

		<guid isPermaLink="false">http://mortgageanswers.wordpress.com/2007/12/18/countrywide-subpoenaed-as-two-state-probes-launched/</guid>
		<description><![CDATA[Lending practices at Countrywide Financial Corp. have become the subject of probes by attorneys general in California and Illinois with particular scrutiny given to the origination of pay-option mortgages. The Calabasas, California-based company has been targeted by the offices of &#8230; <a href="http://mortgageanswers.wordpress.com/2007/12/18/countrywide-subpoenaed-as-two-state-probes-launched/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mortgageanswers.wordpress.com&amp;blog=749541&amp;post=75&amp;subd=mortgageanswers&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Bill Corley</media:title>
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