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.
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.
Published: August 31, 2012
The impulse to pay off your mortgage more quickly than you need to is understandable, especially these days.
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.
The government proposed rules Monday to help Americans understand the costs and risks of getting a mortgage.
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.
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.
More U.S. homes are entering the foreclosure process, setting the stage for a surge in properties repossessed by lenders this year.
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.
The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season.