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To the Point With Bob–Mortgage Servicers: Diligently Serving Borrowers Through Constant Change
Mortgage servicers have a vital function in the mortgage market and the wider economy, writes MBA President and CEO Bob Broeksmit, CMB.
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Middle-Class Americans Must Put Down More Than $127,000 to Afford Monthly Mortgage: Zillow
A new Zillow analysis shows that to comfortably afford a typical U.S. home, a median-income homebuyer needs to put down nearly $127,750, or 35.4%.
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‘Sandwich Generation’ Sees Pros, Cons for Home Ownership, Realtor.com Survey Finds
Realtor.com, Santa Clara, Calif., recently conducted a survey that shed more light on the homebuying behavior of the “Sandwich Generation”--Americans who are taking care of their children and aging parents (or sometimes grandparents) simultaneously.