U.S. May Back Refinance Plan for Mortgages
By SHAILA DEWAN and LOUISE STORY
Published: August 24, 2011
The Obama administration is considering further actions to strengthen the housing market, but the bar is high: plans must help a broad swath of homeowners, stimulate the economy and cost next to nothing.
Showing posts with label Mortgages. Show all posts
Showing posts with label Mortgages. Show all posts
Wednesday, August 24, 2011
Monday, August 22, 2011
Bloomberg: Mortgage Payments One Month Late Jump as Economy Weakens
Mortgage Payments One Month Late Jump as Economy Weakens
By Kathleen M. Howley - Aug 22, 2011 07:20 AM
The percentage of U.S. mortgages overdue by one month rose to the highest level in a year in the second quarter as homeowners who lost jobs were unable to make their payments.
By Kathleen M. Howley - Aug 22, 2011 07:20 AM
The percentage of U.S. mortgages overdue by one month rose to the highest level in a year in the second quarter as homeowners who lost jobs were unable to make their payments.
Monday, August 15, 2011
Reuters: U.S. banks continue to ease lending standards: Fed
U.S. banks continue to ease lending standards: Fed
WASHINGTON | Mon Aug 15, 2011 3:09pm EDT
(Reuters) - U.S. banks continue to ease lending standards and most terms on all major non-real estate loans during the past three months, the Federal Reserve reported in its quarterly survey of senior loan officers.
WASHINGTON | Mon Aug 15, 2011 3:09pm EDT
(Reuters) - U.S. banks continue to ease lending standards and most terms on all major non-real estate loans during the past three months, the Federal Reserve reported in its quarterly survey of senior loan officers.
Thursday, August 11, 2011
CNNMoney: Mortgages rates keep falling: 30-year nears record low
Mortgages rates keep falling: 30-year nears record low
By Les Christie August 11, 2011: 3:17 PM ET
NEW YORK (CNNMoney) -- Just when it seemed mortgage rates weren't going to get any lower, they started testing new lows.
By Les Christie August 11, 2011: 3:17 PM ET
NEW YORK (CNNMoney) -- Just when it seemed mortgage rates weren't going to get any lower, they started testing new lows.
Tuesday, July 12, 2011
NYT: How We All Suffer
How We All Suffer
July 11, 2011
Kim Luu is the editor of Money and Risk and a principal at an independent brokerage firm specializing in retirement and 401(k)s.
The federal Home Affordable Modification Program was badly designed, overly complicated and poorly communicated. Borrowers suffered through horrendous paperwork for months and years. People ran through their retirement savings during the process, and then lost their homes anyway. Meanwhile, banks are saddled with billions of dollars in losses and inventory that still need to be auctioned.
July 11, 2011
Kim Luu is the editor of Money and Risk and a principal at an independent brokerage firm specializing in retirement and 401(k)s.
The federal Home Affordable Modification Program was badly designed, overly complicated and poorly communicated. Borrowers suffered through horrendous paperwork for months and years. People ran through their retirement savings during the process, and then lost their homes anyway. Meanwhile, banks are saddled with billions of dollars in losses and inventory that still need to be auctioned.
NYT: The Unemployment Factor
The Unemployment Factor
July 11, 2011
Morris A. Davis is the academic director of the James A. Graaskamp Center for Real Estate at the University of Wisconsin-Madison.
July 11, 2011
Morris A. Davis is the academic director of the James A. Graaskamp Center for Real Estate at the University of Wisconsin-Madison.
Tuesday, June 14, 2011
CNBC: US Housing Crisis Is Now Worse Than Great Depression
US Housing Crisis Is Now Worse Than Great Depression
Published: Tuesday, 14 Jun 2011 | 12:04 PM ET
By: Jeff Cox
CNBC.com Staff Writer
It's official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression.
Published: Tuesday, 14 Jun 2011 | 12:04 PM ET
By: Jeff Cox
CNBC.com Staff Writer
It's official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression.
Tuesday, May 31, 2011
CNBC: 'Double-Dip' in Housing Prices Even Worse Than Expected
'Double-Dip' in Housing Prices Even Worse Than Expected
Published: Tuesday, 31 May 2011 | 9:05 AM ET
By: Reuters
U.S. single-family home prices dropped in March, dipping below their 2009 low, as the housing market remained bogged down by inventory and weak demand, a closely watched survey said Tuesday.
Published: Tuesday, 31 May 2011 | 9:05 AM ET
By: Reuters
U.S. single-family home prices dropped in March, dipping below their 2009 low, as the housing market remained bogged down by inventory and weak demand, a closely watched survey said Tuesday.
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