Category Archives: Mortgages
More refi help on the way
Congress needs to remove barriers to allow borrowers to refinance and it must act quickly, says HUD Secretary Shaun Donovan. Continue reading
BofA’s mortgage giveaway
If your mortgage is owned by Bank of America, you may get a pleasant surprise in the mail in the next few days. Continue reading
Turning point for home prices?
Home prices jumped in 51 percent of metro markets; vacation home sales are rising. Continue reading
Pants on fire, but not burned
Should we allow banks to file fraudulent documents in court to keep our economy afloat? Continue reading
Boomers to swamp housing market?
As baby boomers downsize, will they flood the market with homes for sale? Continue reading
Give up newborn for a loan?
Companies can’t force parents to give up maternity leave in order to obtain a mortgage loan. Obvious no? Not to this company. Continue reading
Terrible jobs report
The jobs report for April was disappointing, at best. The silver lining: it will help keep mortgage rates at or near record lows this week. Continue reading
Fix housing: Kick out your kids
The increased number of young adults moving in with Mom and Dad is hampering a housing recovery. Continue reading
The forgiveness brawl
Fannie Mae could have saved taxpayers “significant amounts of money” if it had implemented a loan forgiveness program in 2010, according to internal documents obtained by democratic lawmakers. Continue reading
Homeownership hits new low
Despite low mortgage rates and home prices, the first quarter of this year saw the rate of homeownership fall … Continue reading