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	<title>The Mortgage Scoop</title>
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	<description>Minnesota mortgage and home loan info for first time buyers, MN down payment assistance and more</description>
	<lastBuildDate>Fri, 06 Aug 2010 17:25:48 +0000</lastBuildDate>
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		<title>Alec will be on KARE 11 at 6 tonight</title>
		<link>http://www.themortgagescoop.com/?p=882</link>
		<comments>http://www.themortgagescoop.com/?p=882#comments</comments>
		<pubDate>Fri, 06 Aug 2010 17:25:48 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Miscellaneous]]></category>

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		<description><![CDATA[I just finished an interview with Trisha Volpe of KARE 11 for a story they are running tonight at 6:00 (8/06/10).  The basic focus is that it can be difficult for even well qualified buyers to get approved in today&#8217;s market because of the appraised values and deeper scruntiny.
Hopefully I won&#8217;t come off like an [...]]]></description>
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		<title>You Will Be at Fault for Your Strategic Default Says Fannie Mae</title>
		<link>http://www.themortgagescoop.com/?p=879</link>
		<comments>http://www.themortgagescoop.com/?p=879#comments</comments>
		<pubDate>Tue, 06 Jul 2010 04:09:07 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Credit]]></category>
		<category><![CDATA[Industry News]]></category>
		<category><![CDATA[Mortgages]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=879</guid>
		<description><![CDATA[This article first appeared on the web site for the radio show Sweet Home Minnesota.
A Strategic Default is when someone can afford to make their mortgage payment but still chooses to walk away from the home because of their negative equity position.  Usually they call their Get-a-way a &#8220;business decision&#8221; just like a bank would make and [...]]]></description>
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		<title>Closing Date Deadline Extended for Tax Credit Buyers</title>
		<link>http://www.themortgagescoop.com/?p=876</link>
		<comments>http://www.themortgagescoop.com/?p=876#comments</comments>
		<pubDate>Tue, 06 Jul 2010 02:17:38 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[First Time Home Buyer]]></category>
		<category><![CDATA[Industry News]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=876</guid>
		<description><![CDATA[On Wednesday, June 30th the Senate passed a bill to extend the closing date deadline until September 30th for buyers eligible under the tax credit program.  This bill matched up with a version passed through the House the previous day.
No New Buyers Qualify
This extension didn&#8217;t make it possible for any new buyers to get into [...]]]></description>
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		<title>Is Your Mortgage Interest Rate 5.5% or Higher? &#8211; REFINANCE TODAY!</title>
		<link>http://www.themortgagescoop.com/?p=871</link>
		<comments>http://www.themortgagescoop.com/?p=871#comments</comments>
		<pubDate>Tue, 29 Jun 2010 16:12:32 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Miscellaneous]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=871</guid>
		<description><![CDATA[This is a great video to show the impact of refinancing your home loan right now. Rates are under 5% for a 30 year mortgage in Minnesota, if your Mortgage Interest Rate is over 5.5% you should call me to see if refinancing is a good option for you!  If you are a first time [...]]]></description>
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		<title>First Time Buyer Programs Updated</title>
		<link>http://www.themortgagescoop.com/?p=857</link>
		<comments>http://www.themortgagescoop.com/?p=857#comments</comments>
		<pubDate>Wed, 28 Apr 2010 05:21:47 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Buyer Info]]></category>
		<category><![CDATA[First Time Home Buyer]]></category>
		<category><![CDATA[Loan Programs]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[city living]]></category>
		<category><![CDATA[Dakota County]]></category>
		<category><![CDATA[Down payment assistance]]></category>
		<category><![CDATA[first time buyer loan]]></category>
		<category><![CDATA[special loans]]></category>
		<category><![CDATA[special mortgages]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=857</guid>
		<description><![CDATA[If you are  first time home buyer in Minnesota I have something you need to see.  I have obtained an updated list of all the special first time buyer programs available in the Twin Cities.  There are fifteen of them, including several from Minnesota Housing, whose products I have used and endorsed for many years.  [...]]]></description>
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		<title>I Had a Short Sale How Long Until I Can Buy a Home Again?</title>
		<link>http://www.themortgagescoop.com/?p=850</link>
		<comments>http://www.themortgagescoop.com/?p=850#comments</comments>
		<pubDate>Sat, 24 Apr 2010 21:32:36 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Buyer Info]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Industry News]]></category>
		<category><![CDATA[Market Update]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=850</guid>
		<description><![CDATA[The million dollar question for thousands of home buyers in Minnesota is &#8220;How long after a short sale do I have to wait before I can buy a home again?&#8221;  There has been a lot of confusion about the  answer to this question.
Fannie Mae announced their  updated guidelines related to this on April [...]]]></description>
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		<title>City Living Program a Great Deal for Home Buyers in Minneapolis or St Paul</title>
		<link>http://www.themortgagescoop.com/?p=809</link>
		<comments>http://www.themortgagescoop.com/?p=809#comments</comments>
		<pubDate>Wed, 21 Apr 2010 05:05:43 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Buyer Info]]></category>
		<category><![CDATA[First Time Home Buyer]]></category>
		<category><![CDATA[Loan Programs]]></category>
		<category><![CDATA[Mortgages]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=809</guid>
		<description><![CDATA[The City Living program is a joint partnership between the cities of Minneapolis and St. Paul to make it easier for home buyers, especially first time buyers, to purchase a home in either city.  The program has a great interest rate and can provide down payment assistance too.
The down payment assistance for the City Living [...]]]></description>
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		<title>Minnesota Mortgage Program Change Good for First Time Buyers</title>
		<link>http://www.themortgagescoop.com/?p=799</link>
		<comments>http://www.themortgagescoop.com/?p=799#comments</comments>
		<pubDate>Fri, 05 Mar 2010 09:15:22 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Buyer Info]]></category>
		<category><![CDATA[First Time Home Buyer]]></category>
		<category><![CDATA[Loan Programs]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[first time buyer loan]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=799</guid>
		<description><![CDATA[As of March 1, 2010 Minnesota Housing (MHFA) raised their income limits for first time buyers using their Minnesota Mortgage Program. First time buyers are now able to earn up to 100% of the Twin Cities area median income.  This means a household of 1-4 earning $83,900 or less is now eligible for the Minnesota [...]]]></description>
		<wfw:commentRss>http://www.themortgagescoop.com/?feed=rss2&amp;p=799</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>First Time Home Buyer Program Available in Minneapolis and St. Paul</title>
		<link>http://www.themortgagescoop.com/?p=795</link>
		<comments>http://www.themortgagescoop.com/?p=795#comments</comments>
		<pubDate>Fri, 05 Feb 2010 19:58:13 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Buyer Info]]></category>
		<category><![CDATA[First Time Home Buyer]]></category>
		<category><![CDATA[Loan Programs]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[city living]]></category>
		<category><![CDATA[Down payment assistance]]></category>
		<category><![CDATA[FHA]]></category>
		<category><![CDATA[special loans]]></category>
		<category><![CDATA[special mortgages]]></category>
		<category><![CDATA[VA loans]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=795</guid>
		<description><![CDATA[The 2010 City Living program for first time home buyers in Minneapolis and St. Paul was rolled out today.  There are two options on this program, just like there used to be for anyone familiar with the program.  For either option the buyer can get a FHA or VA loan&#8211;no Conventional mortgages.
Option 1 is a [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Freddie Mac Says Rates to Hit 6.0% Before End of 2010</title>
		<link>http://www.themortgagescoop.com/?p=791</link>
		<comments>http://www.themortgagescoop.com/?p=791#comments</comments>
		<pubDate>Mon, 28 Dec 2009 06:42:01 +0000</pubDate>
		<dc:creator>Alec Grebis</dc:creator>
				<category><![CDATA[Buyer Info]]></category>
		<category><![CDATA[Market Update]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Refinancing in MN]]></category>

		<guid isPermaLink="false">http://www.themortgagescoop.com/?p=791</guid>
		<description><![CDATA[This past week one of the three titans of mortgages, Freddie Mac, announced they agree with my assessment that mortgage rates will be going up in 2010.  Now I am only waiting for Fannie Mae and FHA to announce that they think I am right too.  (If you didn&#8217;t notice my name in any of [...]]]></description>
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		<slash:comments>1</slash:comments>
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