Buyer snaps up 645 properties
An auction of foreclosed properties in Michigan ended with a single buyer.
Posted in Mortgages
Tagged foreclosed, Michigan, Mortgages, properties, tax
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Older homeowners in trouble
The housing crisis isn't over for Americans older than 50.
Posted in Mortgages
Tagged Foreclosure, homeowners, Mortgages, older
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Surprising jobs report
The July jobs report was better than expected but still not good enough.
Posted in Mortgages
Tagged ECB, jobs, mortgage rates, Mortgages
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Fannie and Freddie won’t forgive
The two mortgage companies won't cave in to pressure from the Obama administration.
Should homeowners be forgiven?
Mortgage forgiveness would erase $700 billion in debt, but who pays?
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Tagged forgiveness, homeowners, mortgage, Mortgages, underwater
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Mortgages and racial disparities
Black and Latino homebuyers in communities of color received significantly fewer conventional mortgages than white homebuyers.
Posted in Mortgages
Tagged conventional loans, FHA, housing discrimination, lending, mortgage, Mortgages, VA
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Not enough homes for sale?
Fewer buyers signed contracts to buy homes in June. Will that dampen the optimism of those celebrating the housing rebound?
Short-sale holdup
Homeowners with second mortgages are encountering a roadblock to a short sale.
Posted in Mortgages
Tagged Foreclosure, Mortgages, sale, sales, second-lien holders, short
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Bright spot in dark economy
The housing market is a bright spot in the dark economy, Fannie says. But how bright is it?
Posted in Mortgages
Tagged economy, home prices, Mortgages
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Remodeling rebound
An improving housing market is spurring homeowners to start tackling repairs.
Posted in Mortgages
Tagged activity, home, improvement, Mortgages, remodeling
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