mortgage

Feb 25, 2010

Lawmakers question Obama loan help effort (4 p.m. 2/25/10)

Washington (AP) — Lawmakers are taking aim at the Obama administration’s struggling mortgage assistance program, with Republicans calling it a worthless exercise and Democrats saying it doesn’t go far enough. […]

Feb 19, 2010

Report: Fewer people falling behind on home loans (2:23 p.m. 2/19/10)

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign […]

Dec 17, 2009

WHEDA puts on $10,900 party (9:22 a.m. 12/17/09)

MADISON, Wis. (AP) — The Wisconsin agency that temporarily suspended its low interest home loans because of the recession has thrown a nearly $11,000 party to show its employees they’re […]

Dec 7, 2009

Few borrowers getting permanent mortgage relief (5:02 p.m. 12/7/09)

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Executives at two of the nation’s largest banks say they are struggling to get homeowners to complete the necessary paperwork […]

Dec 3, 2009

Rates on 30-year mortgages set new record low (10 a.m. 12/3/09)

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down […]

Dec 1, 2009

Nationwide construction spending edges up in October

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Construction spending posted a tiny increase in October, the first advance in six months, as a surge in home building offset […]

Nov 30, 2009

FHA proposes tighter rules for lenders (2:39 p.m. 11/30/09)

WASHINGTON (AP) — The Federal Housing Administration is proposing stricter rules for lenders to reduce its risk and insure it can cover future losses. The agency proposes to require lenders […]

Nov 30, 2009

Government increases pressure on mortgage industry (10:30 a.m. 11/30/09)

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — The Obama administration said it will crack down on mortgage companies that are failing to do enough to help borrowers […]

Nov 30, 2009

Administration plans new efforts on foreclosures (8:04 a.m. 11/30/09)

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — With the foreclosure crisis showing no signs of relenting, the Obama administration plans to expand a program aimed at helping people […]

Nov 28, 2009

Administration plans new efforts on foreclosures (9:13 p.m. 11/28/09)

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to […]

Nov 23, 2009

Tax credit gives home sales best boost in decade (4:53 p.m. 11/23/09)

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, […]

Nov 21, 2009

Americans save more but earn less as rates fall (8:42 a.m. 11/21/09)

By STEVENSON JACOBS AP Business Writer NEW YORK (AP) — The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest […]