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Mar 22


AWESOME LOCATION 1150 SQ.FT 2BEDROOMS,1 FULL BATH. PRIVATE PARKING@DOOR,CARPORT, PRIVATE COVERED FRONT AND REAR PORCH AND PATIO. LARGE EAT-IN KITCHEN W/NEW COUNTERTOPS. NEW WASHER/DRYER. PRIVATE BACKYARD. LOTS OF CLOSETS. FREE SATELITE DIRECT TV W/ALL MOVIE CHANELS AND SATE. RADIO. FREE WATER. GREAT NEIGHBORHOOD NEAR BEACH AND ALL SHOPS………………….CALL 954 6142345 FIRST AND SECURITY ONLY

DESIRABLE COVINA AREA - $389,900
A MUST SEE home IN THE DESIRABLE ADAMS PARK AREA OF COVINA. THIS 3-BD. home IS LOCATED WITHIN WAKING DISTANCE OF METROLINK STATION, DOWNTOWN COVINA, WEEKLY FRIDAY NIGHT FARMER’S MARKET, PARKS AND INTER-COMMUNITY HOSPITAL AND DOCTOR OFFICES. THIS home IS LIGHT, BRIGHT WITH AN UPDATED KITCHEN AND RECENTLY REMODELED BATHROOM AND HIGH END ENERGY SAVING AIR CONDITIONER. LOVELY BAY WINDOW, HARDWOOD FLOORS AND AMPLE BACK YARD WITH ABOVE-GROUND SPA, FRUIT TREE, SWING SET AND PARTIA…

North Shore Kauai Beach Cottage - $848,000
MOLOAA BAY!!!!! 10 MIN. FROM EVERYTHING!!!!! 100 yds. from beautiful, private Moloaa Bay. Now $848,000.00. Call me, I have 20yrs. exp. on Beautiful Kauai. My friend has 27yrs. exp. in financing. linda@koakauai.com. 808-482-0198

Fannie and Freddie Set Free (BusinessWeek Online)
BusinessWeek Online - Another stone fell into place in the federal government’s plan to build a path to credit market recovery. On Mar. 19, the Office of Federal Housing Enterprise Oversight, or OFHEO, said it was reducing the amount of capital it requires Fannie Mae and Freddie Mac to maintain on their balance sheets above statutory requirements. By reducing the capital surplus level from 30% to 20%, the regulator will provide up to $200 billion in immediate liquidity to the distressed mortgage-backed securities market.

5 BR House Rental in Floral Park Queens - $2,700
Lovely young Colonial with 5 bedrooms, 2 full baths, and finished basement, hardwood floors, very spacious. House is available now, in move-in condition, school district #26, Tenant must be pre-approved. Requires 2 months security, 1 month rent plus broker fee. No pets allowed. Gas, Elec, lawn maint, not included. Between Union Tpke and Hillside Ave. Call LB LIssa at 516/741-3070 x 282 or email her at lperry@laffey.com.

US regulatory shift adds 200 billion dlrs to mortgage market (AFP)
AFP - US regulators announced a plan Wednesday to allow government-sponsored mortgage firms Fannie Mae and Freddie Mac to pump an extra 200 billion dollars into the troubled housing market.

Fannie and Freddie cleared to buy more mortgages (Reuters)
Reuters - The regulator of Fannie Mae and Freddie Mac on Wednesday eased capital requirements for the two firms to provide up to $200 billion in immediate liquidity for stressed mortgage markets.

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