The Mortgage Bankers Assn. says the measure would raise interest rates, but critics contend this claim is based on faulty data.
Sherrie Floyd says she was able to handle the first reset on the $505,000 mortgage ...
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bankruptcy, lenders, modify mortgages April 22nd, 2008
The battered housing market in the United States has gotten some good news from Washington recently. On Tuesday of this week the Federal Reserve cut key interest rates down to 2.25%. This rate cut, and ...
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Banks remain wary of home loans; lending standards as strict as they were 20 years ago
Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder ...
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Time is running out to avoid a wider housing bailout.
IT'S MUCH easier to identify well-intentioned housing policy proposals that might make the situation worse than to craft ones that will help. An example is the ...
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SAN FRANCISCO, Feb 20 (Reuters) - California plans to spend up to $5.6 million in grant money from the U.S. government to retrain mortgage industry workers who lost their jobs in the wake of the ...
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