Contracts for US homes dipped in February

Gov’t eases mortgage rules for troubled borrowers

Published: March 27, 2013
Tags: Fannie Mae, Federal Housing Finance Agency, Freddie Mac, mortgage

A federal agency said it is easing rules for troubled borrowers to lower their monthly mortgage payments on loans backed by Fannie Mae or Freddie Mac.

House passes bill to strengthen FHA

Published: September 11, 2012
Tags: FHA, homebuyers, mortgage

The House has passed legislation to strengthen the financial position of the Federal Housing Administration, a key source of financing for low-income and first-time homebuyers.

Why you shouldn’t pay down your mortgage faster

Published: August 31, 2012
Tags: mortgage

The impulse to pay off your mortgage more quickly than you need to is understandable, especially these days.

Consumer agency probes mortgage insurance deals

Published: August 3, 2012
Tags: American International Group Inc., Bank of America, Civil Investigative Demands, Countrywide Financial Corp., Genworth Financial Inc., Levitin, MGIC Investment Corp., mortgage

The government’s consumer finance watchdog is investigating mortgage insurance deals between banks and the insurers American International Group Inc., MGIC Investment Corp. and Genworth Financial Inc.

Government agency proposes simpler mortgage forms

Published: July 10, 2012
Tags: homebuyers, mortgage

The government proposed rules Monday to help Americans understand the costs and risks of getting a mortgage.

Families can’t sue over loan discount fee, court rules

Published: May 24, 2012
Tags: 5th U.S. Circuit Court of Appeals, Antonia Scalia, Justice Antonia Scalia, mortgage, Quicken Loans Inc., SCOTUS, Supreme Court, U.S. Supreme Court

The Supreme Court ruled unanimously Thursday that three families cannot sue a mortgage company for allegedly charging them a loan discount fee without giving them a lower interest rate.

Obama’s ‘to do’ list for Congress: jobs, mortgages

Published: May 8, 2012
Tags: jobs, mortgage, Obama

President Barack Obama said Tuesday that only Congress could take the “bold action” needed to spur job creation, as he unfurled an election year “to do” list for lawmakers.

Wisconsin foreclosures on the rise (UPDATE)

Published: April 12, 2012
Tags: Case-Shiller home price index, foreclosure, mortgage, RealtyTrac

More U.S. homes are entering the foreclosure process, setting the stage for a surge in properties repossessed by lenders this year.

Feds to propose new mortgage lending rules

Published: April 10, 2012
Tags: foreclosure, mortgage

The federal government proposed new rules on Tuesday that will give homeowners more ways to avoid foreclosure and get an accurate accounting of their monthly mortgage payments.