Alan Zibel AP Real Estate Writer Washington — The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were ...

Tagged with: foreclosure mortgage RealtyTrac

Harry S. Weber AP Business Writer Atlanta (AP) — Federal prosecutors in North Carolina filed criminal fraud conspiracy charges against Beazer Homes USA on Wednesday, but they agreed to dismiss the case if the company complies with an agreement accepting ...

Tagged with: Department of Housing and Urban Development fraud mortgage

Alan Zibel AP Real Estate Writer Washington — If President Barack Obama gets his way, consumers who take out mortgages would automatically get a “plain vanilla” loan — such as a traditional 30-year fixed-rate mortgage — unless they opted for ...

Tagged with: loan mortgage Obama

Alan Zibel AP Real Estate Writer Washington (AP) — Rates on 30-year home loans surged above 5 percent for the first time in nearly three months this week as investors pushed up rates on long-term government debt, which is closely ...

Tagged with: Fannie Mae Freddie Mac loan mortgage

Robert Barr AP Writer London (AP) — Net mortgage lending in Britain hit the lowest level in eight years in April while savings growth remained subdued, the British Bankers Association said Wednesday, suggesting the Bank of England’s massive cash injections ...

Tagged with: mortgage recession

Alan Zibel AP Real Estate Writer Washington — The Obama administration expanded its $50 billion mortgage aid program Thursday, announcing new measures to help homeowners avoid foreclosure if they do not qualify for other assistance. The new initiatives are expected ...

Tagged with: Fannie Mae Homeowners housing mortgage Obama

Jeannine Aversa AP Economics Writer Washington — A larger share of banks has made it more difficult for people to obtain home mortgages over the last three months even as demand has grown, the Federal Reserve reported Monday. The Fed’s ...

Tagged with: banks home sales loan mortgage

Alan Zibel AP Real Estate Writer Washington — The Obama administration was expected to announce Tuesday it is expanding its plan to stem the housing crisis by offering mortgage lenders incentives to lower borrowers’ bills on second mortgages. During the ...

Tagged with: Barack Obama housing loans mortgage

ALAN ZIBEL AP Real Estate Writer Washington — With loan defaults rising, analysts say the struggling commercial real estate industry is poised to fall into the worst crisis since the last great property bust of the early 1990s. Delinquency rates ...

Tagged with: mortgage