Tag Archives: news
Foreclosure review deal: Helpful?
What does the $8.5 billion foreclosure review settlement mean to borrowers? Continue reading
Jobs, the Fed and your mortgage rate
The jobs market held steady in December even as Congress wrangled over tax increases and spending cuts. Continue reading
Tax break for underwater homeowners
A key tax break for underwater homeowners considering short sale was extended as part of Congress’s fiscal cliff deal. The Mortgage Forgiveness Debt Relief Act, which was signed into law in 2007, exempts homeowners from having to pay federal taxes on… Continue reading
Housing won’t fall off cliff
The housing market still faces headwinds with the upcoming national debt limit debates. Continue reading
Another mortgage settlement?
The deadline to apply for a foreclosure review coincides with reports that regulators are negotiating a multibillion-dollar settlement. Continue reading
Did taxpayers lose in Libor scam?
Who’s the latest loser in one of the largest banking scams in history? Fannie, Freddie and you. Continue reading
Forecast for mortgage rates
The Fed’s bond-buying extension and the “fiscal cliff” will impact mortgage rates. Continue reading
Bad loans will linger in 2013
The housing market may be improving, but the volume of mortgages that are past due remains high. That won’t change much in 2013. Continue reading
November jobs report: Surprise!
The jobs report wasn’t as bad as people expected — but don’t start jumping up and down just yet. Continue reading
Foreclosures drop, for now
Don’t look past the clouds just yet — the recent drop in foreclosure starts may be due to an administrative change. Continue reading