Articles filed under Mortgages
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Why some banks don't want to take a chance on some borrowersAug 17, 2014 7:22 am - For at least a year, the Obama administration has been pushing lenders to make mortgages more widely available to responsible people looking to buy homes. "Now that we'v...
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Bigger down payments add to first-time homebuyer bluesAug 17, 2014 7:14 am - The challenges facing prospective buyers of the least expensive homes in the U.S. are getting harder to overcome. Already beset by stagnant wages, growing student debt a...
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Approvals for mortgage relief take too long, watchdog saysAug 03, 2014 7:22 am - WASHINGTON - Troubled homeowners are facing unacceptable delays when they turn to the Obama administration's flagship foreclosure prevention program for help, the watchd...
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Interest rate breaks ending soonJun 08, 2014 6:29 am - Since the housing market unraveled in 2008, lenders have slashed the interest rates on millions of mortgages belonging to struggling borrowers - but only for a limited t...
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Your choice: Fixed or adjustable-rate mortgage?May 04, 2014 6:07 am - Adjustable-rate mortgages got a bad rap after the housing bust. Many homebuyers used the low initial interest rates on adjustable loans to keep payments low, but weren'...
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Study: Borrowers paying mortgages ahead of cardsMar 30, 2014 6:07 am - LOS ANGELES - When it comes to paying the bills, the mortgage is once again more of a priority for many U.S. homeowners than their credit cards. That's the conclusion of...
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Monitor: Big banks satisfy mortgage settlementMar 23, 2014 6:12 am - WASHINGTON - The nation's four biggest banks slashed billions of dollars from mortgages and other debts, enough to satisfy their obligations under a national mortgage se...
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Freddie Mac posts $8.6B profit in 4QFeb 27, 2014 12:01 am - WASHINGTON - Mortgage giant Freddie Mac posted net income of $8.6 billion for the October through December period, its ninth straight profitable quarter. Earnings were b...
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Subprime mortgages make a comeback as 'nonprime'Feb 02, 2014 5:00 am - Bill Dallas, whose last two subprime lenders went bust during the global credit crunch, pledges to get it right this time around. Dallas, 58, plans to offer the loans t...
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Breaking the logjam on HECM reverse mortgagesJan 31, 2014 11:48 pm - Editor’s note: This is the final column in a two-part series publishing in HomesSaturday. The first article of this series discussed some modest initiatives my colleague...