The Treasury Department says the administration will announce steps on Monday aimed at accelerating the number of home loans being converted in loans with lower monthly payments. Industry officials say those steps will include highlighting mortgage …
WASHINGTON – The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday. The administration will …
That’s the incendiary core message of a new academic paper by Brent T. White, a University of Arizona law school professor, titled “Underwater and Not Walking Away: Shame, Fear and the Social Management of the Housing Crisis.” White argues that far …
The Obama administration on Monday plans to announce a campaign to pressure mortgage companies to reduce payments for many more troubled homeowners, as evidence mounts that a $75 billion taxpayer-financed effort aimed at stemming foreclosures is …
WASHINGTON (AP) — The Obama administration is expanding its efforts to confront the foreclosure crisis. The Treasury Department says the administration will announce steps on Monday aimed at accelerating the number of home loans being converted in …
The Obama administration on Monday plans to announce a campaign to pressure mortgage companies to reduce payments for many more troubled homeowners, as evidence mounts that a $75 billion taxpayer-financed effort meant to stem foreclosures is …
NEW YORK, Nov 28 (Reuters) – The Obama administration plans to announce on Monday a campaign to press mortgage companies to reduce payments for many more struggling homeowners, The New York Times reported in Sunday editions. “The banks are not doing …
Average rates for 30-year fixed mortgages fell last week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday. Rates for 30-year mortgages averaged 4.78 percent last …
NEW YORK (Reuters) – The Obama administration plans to announce on Monday a campaign to press mortgage companies to reduce payments for many more struggling homeowners, The New York Times reported in Sunday editions. “The banks are not doing a good …
Ohio’s attorney general is suing the top three credit rating agencies for the loss of nearly $500 million in the state’s retirement and pension funds. Florida should consider a similar action. Ohio had invested in mortgage-backed securities that had …
