Search for Article...
4 March 2013
Interest-only mortgages are making a bit of a comeback, at least among the very wealthy.
Read more
26 February 2013
Fannie Mae and Freddie Mac would be totally eliminated to make room for an expanded role for private capital in the U.S.mortgage market, under a plan released today by a major centrist think tank.
Read more
14 February 2013
Foreclosure starts have fallen to their lowest level in six-and-a-half years, after new regulations in California sharply reduced foreclosure actions there.
Read more
12 February 2013
The nation's highest credit scores are clustered in metropolitan areas along the Pacific Coast, followed by New England and the upper Midwest, according to a recent report from the credit reporting agency TransUnion.
Read more
6 February 2013
Mortgage refinance demand picked up this week, with applications for new loans up by a seasonally adjusted 4 percent over the week before, according to today's figures from the Mortgage Bankers Association (MBA).
Read more
31 January 2013
Mortgage rates are up sharply this week, with the most popular loan types up a full tenth of a percentage point, according to the weekly Freddie Mac rate survey.
Read more
17 January 2013
The average mortgage borrower in 2012 paid an interest rate of 3.90 percent on a 30-year loan and put up a down payment or home equity of 21 percent, according to a year-end review by mortgage software provider Ellie Mae.
Read more
2 January 2013
Two tax protections for mortgage borrowers were extended for at least another year as part of the fiscal cliff agreement approved by Congress, while the mortgage interest deduction itself went untouched.
Read more
19 December 2012
The nation's most popular type of reverse mortgage is being discontinued by the FHA, at least temporarily, the head of the agency has indicated.
Read more
19 November 2012
Existing home sales edged up in October, rising a seasonally adjusted 2.1 percent despite limited impacts from Hurricane Sandy.
Read more
12 November 2012
One of the top perks the nation offers its veterans is subsided mortgages through the VA Home Loan Program.And in recent years, demand has been surging.
Read more
16 October 2012
Risk managers for U.S.banks are almost evenly divided over prospects for residential mortgage credit over the next half year, according to the credit scoring company FICO.
Read more
2 October 2012
Bank of America is erasing the debt on 150,000 second liens for mortgage borrowers in financial difficulty, the lender has announced.
Read more
26 September 2012
Mortgage refinancing activity hit its highest level since early August last week, as mortgage rates dropped to new historic lows, the Mortgage Banker Association (MBA) has reported.
Read more
17 September 2012
Fannie Mae and Freddie Mac are making it easier for borrowers with irregular income to refinance their mortgages through HARP, as long as they have other financial assets to draw upon.
Read more
11 September 2012
It's gotten a lot easier to refinance an underwater mortgage through HARP.
Read more
5 September 2012
Streamlined refinancing of FHA mortgages has exploded in the two months since HUD slashed the fees charged for the simplified transactions.
Read more
4 September 2012
Fannie Mae and Freddie Mac will raise the fees they charge to guarantee single-family mortgages, beginning this fall, the Federal Housing Finance Agency has announced.
Read more
29 August 2012
Major banks provided over $10 billion in mortgage relief to consumers in recent months as part of a $25 billion settlement over foreclosure abuses, the monitor of the settlement reported today.
Read more