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- When you've been covering real estate as long as I have, and given the intensity of the economic news of late, you can't help but absorb the anxiety and uncertainty of the people you write about or hear from seven days a week. I've been checking on ...
- GAITHERSBURG, Md., Oct. 16 /PRNewswire-USNewswire/ -- The surge in U.S home sales in August coincided with a 208% increase in the number of homebuyers using AmeriDream's downpayment assistance (DPA) program to achieve homeownership. The dramatic ...
- For the political left, which has long championed the need for such limits, this crisis is the opportunity of a lifetime. Absent from such conclusions is the central role the government played in creating the crisis. Yes, many Wall Street leaders ...
- While there has been much discussion about the current home mortgage and credit crisis, only limited comments have come from the mortgage industry itself. Inside Tucson Business asked one of the area’s leading mortgage companies—Nova Home Loans ...
- A quickie from the Wall Street Journal today : "Home builders, including Stuart Miller, chief executive of Lennar Corp., are lobbying for a $15,000 to $20,000 tax credit to spur demand, saying the $7,500 credit passed by Congress in July has failed ...
- Every where you turn you read or see some bit of information about tightening guidelines for mortgage lenders? It makes you wonder if you would qualify for a loan today that you easily qualified for two years ago. Hmmm, would you? I see or hear it ...
- As the government's Hope for Homeowners program, designed to fend off foreclosures, kicks in this month, it could face hurdles from the government itself. Hope for Homeowners gives the FHA the authority to back 300 billion dollars worth of ...
- The Treasury Department's rescue plan for the U.S. financial industry doesn't directly address the root cause of the crisis: falling home prices. Reuters Foreclosures in Stockton, Calif., discourage prospective sellers from putting their houses on ...
- Now that the developed countries' governments have injected substantial capital into their banks and provided various credit and liquidity support to short-term debt markets, it is time to turn to the remaining unresolved problem: How much should the ...
- McCain is proposing that government-backed FHA loans should be available to those who can prove their credit worthiness when they apply for their loans. The new loans would be for the current value of the home, erasing any negative equity. Obama ...
- COLUMBUS, Ohio - (Business Wire) Can anyone get a home mortgage loan anymore? This is a question I ’ m asked frequently by friends, associates, relatives and many people I meet. It seems there is so much misinformation circulating about the current ...
- The U.S. housing agency created in the depths of the Great Depression is once again doing a brisk business helping stabilize the mortgage finance market. Demand for loans insured by the Federal Housing Administration is soaring, after years of being ...
- The U.S. housing agency created in the depths of the Great Depression is once again doing a brisk business helping stabilize the mortgage finance market, according to a report in the Press of Atlantic City . The report said through July, the number ...
- The U.S. housing agency created in the depths of the Great Depression is once again doing a brisk business helping stabilize the mortgage finance market. Demand for loans insured by the Federal Housing Administration is soaring, after years of being ...
- ATLANTA -- There's a mortgage crisis of a different sort for those who have good credit and money in the bank. Loan applicants who used to qualify easily are now sweating it out. "Right now, it just feels very scary," said Carla Mimms. Mimms will ...
- (The Politico) House Minority Whip Roy Blunt (R-MO) -- who cited John McCain as a critical player in the passage of the bailout package, is raising some questions about McCain's proposal to buy $300 billion of bad mortgages. Transcript from the ...
- Hope for Homeowners will help those who have defaulted on their mortgages, Ball said, but not those who have walked away or lied about their income to get their mortgage in the first place.
- When you've been covering real estate as long as I have, and given the intensity of the economic news of late, you can't help but absorb the anxiety and uncertainty of the people you write about or hear from seven days a week. I've been checking on ...
- Credit standards have been tightening a bit, but not extensively, for some home loan borrowers based on standards being set at the national level, Tulsa-area bankers say. That means if you are seeking a conventional home loan, you might have to make ...
- Sen. Lamar Alexander (R-Tenn.) today urged the nearly 67,000 Tennesseans with overdue mortgages to contact the HOPE for Homeowners program which could help them refinance their loans. “With a single phone call, many of the nearly 67,000 Tennesseans ...
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