WASHINGTON (Reuters) - Two top lawmakers proposed on Tuesday giving the Federal Housing Administration (FHA) a bigger role in tackling the nation's worsening home mortgage and foreclosure crisis.
Under legislation unveiled by the lawmakers, the FHA ...
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FHA, mortgages March 14th, 2008
CHICAGO (AP) - Glarushiah Davis is afraid she'll lose her home because of an alleged predatory lending scheme.
The 62-year-old retired social worker refinanced her $122,000 four-bedroom home in Minnesota four years ago, after a call ...
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NEW YORK (Reuters) — Mortgage applications dipped last week, reflecting lower demand for home loan refinancing as interest rates surged to their highest since October, an industry group said Wednesday.
The Mortgage Bankers Association said its ...
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NEW YORK (MarketWatch) -- The Federal Bureau of Investigation is looking into whether troubled lender Countrywide Financial Corp. deliberately made loans to borrowers who did not have the assets or financial wherewithal to pay them ...
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The Federal Bureau of Investigation is investigating Countrywide Financial Corp. for possible securities fraud, checking whether the company made misrepresentations about its financial state and the condition of its mortgages in its financial filings, according ...
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The delinquency rate for U.S. mortgage loans on one-to-four unit residential properties hit its highest level in 23 years last year, according to the latest MBA National Delinquency Survey.
The MBA report says, in the ...
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Lenders are making it more difficult to take out good-value home loans as the effects of the credit crisis begin to deepen
HUNDREDS of thousands of borrowers have been warned that they will be frozen out ...
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The Senate could begin debating Tuesday another round of remedies for homeowners caught in the worsening housing crisis.
Senators may vote this week on a package of legislative proposals, designed by Democrats, that includes easing bankruptcy ...
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Proposed bill would let courts modify loans, not force borrowers to rely only on lenders
With tens of thousands of Americans facing foreclosure unless their mortgage payments are reduced, support is growing to let bankruptcy courts ...
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WASHINGTON | Anna Galloway keeps a watchful eye on interest rates and stays in touch with her mortgage broker because she is eager to refinance the "jumbo" loan on her Charles County, Md., home.
"But I ...
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