Category:
Real Estate
It may be too late for a pound of cure, but half a dozen years after the bursting of the housing bubble helped precipitate the Great Recession, the U.S. Consumer…
A new federal regulation puts the onus on lenders to take meaningful steps to ensure a person can afford a home loan, before they actually give them one. The “ability-to-repay”…
The first week of 2013 has not been a happy new year for some of the nation’s largest banks, particularly Bank of America. On Monday, Bank of America agreed to…
As the nation continues to wrestle with high unemployment rates and a recuperating real estate market, the Federal Housing Administration (FHA) decided to continue one of its popular programs. The…
With just a few weeks remaining until the end of the year, millions of Americans are seeking ways to make 2013 better, especially from a financial perspective. From making new…
Facing increased scrutiny from housing advocates and community groups, President Barack Obama is being asked once again to sidestep political protocol to replace Ed DeMarco, the acting head of the…
With an improving economy and programs aimed at helping homeowners stay current with their mortgages, housing-market analysts say that 2012 will prove to be a turnaround year for homeowners and…
Mortgage refinancing is a great option for any homeowner who doesn’t have the lowest interest rate possible on his or her mortgage. It effectively creates a new mortgage at current…
What if the federal government nationalized the mortgage industry and became the sole originator, servicer, guarantor and holder of all home loans across the country? You know, sort of a…
The United States Department of Justice sued Bank of America today for more than $1 billion, accusing the company of deliberately generating substandard home loans and selling them to Fannie…