Smith, Hubble
January 2009
Las Vegas Business Press (10712186);1/12/2009, Vol. 26 Issue 2, p18
The article reports on the increase of new mortgage applications in Las Vegas, Nevada by 50 percent in December 2008 as compared with December 2007 according to Chris Biaggi, president of All Western Mortgage. Biaggi says purchases seem to be steady, although he attributed the increases to refinancing. The Federal Housing Administration (FHA) is said to be offering streamline refinancing that does not require qualifications or home appraisals, only that payments were made on time.


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