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WASHINGTON (AP) — The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday. The GOP chairman of...
Leisurely looking for a mortgage is a luxury South Florida homebuyers can't afford anymore. Sellers have seized control of the rejuvenated market. Strong competition for a limited supply of homes is forcing buyers to quickly arrange financing or face the...
Homes are getting bigger again. About 483,000 single-family homes were built last year, and 41 percent of them had at least four bedrooms. Thirty percent of them had at least three bathrooms, and that's the highest percentage of homes with three or more...
Tags: Fannie Mae, Consumers
Q: We live in a garden unit of a four-unit condominium building, and when it rains, water infiltrates into our crawl space. We can smell a musty odor in our living area. We have been experiencing this issue for over two years now, and the association...
ReutersWASHINGTON, June 12 (Reuters) - The U.S. House of Representatives passed a bill on Wednesday that would give new authority to the Federal Housing Administration to tighten terms for reverse mortgages, where it has faced significant losses. The FHA, which...
WASHINGTON — Pressured by consumer protection regulators, the Federal Housing Administration is expected to end one of its most controversial practices: charging borrowers interest on their home mortgages for weeks after they've paid off the...
The housing downturn touched all areas of the country, but came down particularly heavily in Miami. Now, the market there is healing, and many former distressed homeowners have healed their personal finances, too. "We have lots of borrowers here who have...
Reuters(In Thursday's story, report's authors correct references to number of borrowers in 1st and 2nd paragraphs) WASHINGTON, May 30 (Reuters) - Well over a million U.S. homeowners are months behind on payments on government-backed mortgages, raising the...
ReutersWASHINGTON, May 30 (Reuters) - Millions of U.S. homeowners are months behind on payments on government-backed mortgages, raising the risk federal housing agencies will end up facing the cost of managing a fresh flood of foreclosed homes, two government...
As the five-year anniversary of the Lehman Bros. bankruptcy and the collapse of the mortgage market approaches, Americans are still struggling to cope with the consequences of the Great Recession. More than 4 million households have lost their homes to...
Pressured by consumer protection regulators, the Federal Housing Administration is expected to end one of its most controversial practices: Charging borrowers interest on their home mortgages for weeks after they've paid off the entire principal balance....
A homebuyer may have to put several houses under contract before actually closing on one. Welcome to the new housing market, where contract price and appraised value do not always match. Low appraised values are causing many deals to falter, according...
Mar 1, 2011 |Story| WSBT-TV
Jun 15, 2013 |Story| South Florida Sun-Sentinel
Jun 14, 2013 |Column| Chicago Tribune
Jun 14, 2013 |Column| Chicago Tribune
Jun 12, 2013 |Story| Reuters
Jun 7, 2013 |Story| Los Angeles Times
Jun 7, 2013 |Story| Allentown Morning Call
May 31, 2013 |Story| Reuters
May 30, 2013 |Story| Reuters
May 28, 2013 |Story| Baltimore Sun
Jun 8, 2013 |Story| Hartford Courant
May 24, 2013 |Story| Allentown Morning Call
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