Real Estate

In 1987, the US government led a collaborative initiative with a dozen semiconductor manufacturers that were on the brink of collapse due to innovative competition from overseas manufacturers. The federal government led the charge of this consortium, called Sematech, in order to gain and sustain a healthy place in the growing market of semiconductors, pulling
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More than four million homeowners are now delaying their monthly mortgage payments as part of both government and private lender relief programs – but some have been put into forbearance by mistake and are having a hard time getting out. While the programs cannot, by law, hurt their credit scores, they can keep borrowers from refinancing
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Getty Some say the U.S. economy should be reopened and this is happening in many states beginning this week. Others say keep the economy on lockdown as cases of Covid-19 continue to rise. It is difficult to reopen the economy with stress in the banking systems. U.S.’ biggest bank, JPMorgan Chase JPM , has increased
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A realtor, right, walks with potential home buyers as they tour the property of a home for sale in Sparland, Illinois. Daniel Acker | Bloomberg | Getty Images Homebuyers appear to be heading slowly back into the market, as the coronavirus-stricken economy begins to reopen. Total mortgage application volume rose 0.1% last week compared with
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A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images Home prices have only fallen nationally once since the Great Depression, and that was following the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted
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Getty The Federal Housing Finance Agency, which oversees the government-sponsored mortgage buyers Freddie Mac and Fannie Mae, unveiled a tool that allows renters to check whether they are protected under the federal eviction moratorium. Under the CARES Act, which came into effect in late March, renters living in properties with a mortgage secured by Freddie
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#RENTRELIEF is a rather popular tag on social media nowadays, chronicling the struggles of thousands of individuals around the globe, unable to pay their bills as the coronavirus pandemic continues to paralyze economies. It is also a hashtag of hope, exemplifying the actions of marketing entrepreneur Frederick Joseph, who last year was named to Forbes’
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In this photo illustration, a loan statement account status is displayed next a iPhone screen behind reading “coronavirus” on April 16, 2020, in Arlington, Virginia. Olivier Douliery | Getty Images As job losses from the Covid-19 pandemic mount, more and more borrowers are delaying their monthly mortgage payments and taking advantage of the government’s bailout
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Phynart Studio Prior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it’s time to plan. Although many financial plans
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