Ken Harney
-
New appraisal practices could affect the price of your next homeMay 08, 2008 11:00 pm - WASHINGTON -- A major legal brawl is breaking out over how homes are appraised, at what cost, and by whom. The outcome could directly affect the price you pay for your n...
-
Credit restrictions move into specialized nichesMay 01, 2008 11:00 pm - WASHINGTON -- Like a spreading infection, restrictions on credit are moving into new and more specialized niches of the mortgage market. The latest to feel the pinch: • ...
-
The "true risk" on real estateApr 24, 2008 11:00 pm - WASHINGTON -- Could widespread designations of entire ZIP codes, metropolitan areas -- even entire states -- as "declining markets," hinder a real estate recovery and hu...
-
Credit squeeze could hurt condo sellers, buyersApr 17, 2008 11:00 pm - WASHINGTON -- If you own or plan to buy a condominium, an ominous new phase of the mortgage credit squeeze could be looming on your horizon. As a result of underwriting ...
-
Consequences for walking away from house, mortgageApr 10, 2008 11:00 pm - WASHINGTON -- The country's two largest sources of mortgage money have a blunt warning for anyone thinking about joining the growing "walkaway" trend, where homeowners s...
-
Presidential hopeful advocates more money down on loansApr 03, 2008 11:00 pm - WASHINGTON -- Partisan politics aside, presumptive Republican nominee John McCain proposed something March 25 that no other major presidential candidate has advocated in...
-
Sweeping changes of appraisal system in the windMar 13, 2008 11:00 pm - WASHINGTON -- Property appraisers have been warning about it for a decade, and the real estate market is reaping the whirlwind: The price declines underway around the co...
-
VA loans omitted from stimulus packageMar 06, 2008 10:00 pm - WASHINGTON -- Oooops! When Congress and the White House put together the recent bipartisan $150 billion economic stimulus package, they raised the maximum mortgage limit...
-
Lenders' policies stymie attempts at financial helpFeb 28, 2008 10:00 pm - WASHINGTON -- Everybody wants to help keep people in their houses and out of financial stress and foreclosure, right? That's what the Bush administration says, and that'...
-
Industry cutting back on refinance offeringsFeb 14, 2008 10:00 pm - WASHINGTON -- First it was the lenders. Now it's the mortgage insurance industry: Entire product lines are being yanked off the real estate financing shelf, potentially ...