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Home Mortgages

House Hunting as a Person of Color With a Child on the Way

Brandon L. Greene | Posted 09.20.2014 | Black Voices
Brandon L. Greene

As my partner and I are both attorneys who work on and in support of public education, private school was not an option for us, so we decided to look for homes further out but with highly rated public schools. At the risk of sounding naïve, I was wholly unprepared for the reality that came with prioritizing high-quality public schools in my home search.

Are Millennials Dragging Down The Whole Economy?

The Huffington Post | Tyler Kingkade | Posted 05.02.2013 | College

Millennials could be dragging down the housing market, and--in effect--the national economy. The bust in the housing market was a large part of wha...

Time for New Leadership at Fannie and Freddie: Obama Should Side With Homeowners Over Wall Street

Gordon Whitman | Posted 04.08.2012 | Business
Gordon Whitman

Large-scale principal reduction is a win-win for homeowners and the economy. It would stabilize housing values and prevent foreclosures, while putting cash in the wallets of struggling families.

President Obama Outlines New Plan To Help Underwater Homeowners

AP/The Huffington Post | Posted 12.24.2011 | Politics

WASHINGTON -- Seeking to circumvent congressional opposition, President Barack Obama is promoting a series of executive branch steps aimed at jumpstar...

The Accelerating Shift in Attitudes Towards Home Walkaways

Nicholas Carroll | Posted 11.22.2011 | Business
Nicholas Carroll

There are a still few regions where foreclosure is never discussed beyond the immediate family, but it's less and less often due to the morality issue. This, I believe, is the beginning of the fourth and last wave of home walkaways.

Home Sales In May Lowest Since November

Posted 08.21.2011 | Business

WASHINGTON (Lucia Mutikani) - Sales of previously owned U.S. homes fell to a six-month low in May and prices dropped 4.6 percent from a year ago, poin...

Expanded Mortgage Disclosure Through HMDA Reform Would Detect Discrimination, Unsustainable Loans

Dory Rand | Posted 05.25.2011 | Business
Dory Rand

HMDA is a crucial tool in the fight against discriminatory lending, but the data currently collected is not sensitive enough to detect some of the problematic practices that triggered the foreclosure crisis.

Safety in Numbers: Creating a Fairer Housing Market

Janis Bowdler | Posted 05.25.2011 | Politics
Janis Bowdler

The Home Mortgage and Disclosure Act is a crucial tool against predatory lending. Without its transparency and lender accountability, minority homeowners will again bear the brunt of risky lending practices.

Goldman Sachs Settlement: A Reader's Outrage

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

Seems almost everyone I talk to these days is very outraged over the corruption in the financial system.

Goldman/Wall Street Profiting From Housing Market's Collapse, Erosion of Municipal Bonds, Explosion in Oil Prices

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Sadly, for our once respected and emulated financial system, playing a double sided game for single sided profit seems all too often the norm of the day. It just seems some are better at it than others.

JPMorgan

bloomberg.com | Jody Shenn and Dawn Kopecki | Posted 05.25.2011 | Business

Banks will push the Obama administration to expand its mortgage-modification program to allow interest-only periods on reworked loans, seeking to brin...

Is Credit Evil?

Don McNay | Posted 05.25.2011 | Business
Don McNay

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.

Where is Maury the Accountant?

Miles J. Zaremski | Posted 05.25.2011 | Politics
Miles J. Zaremski

Why can't Obama, or even those who oppose him on his economic plan, tell us, line by line, what all is contained in the package, and why his administration says we need it!

The Missing Debate on Poverty

Linda Basch | Posted 05.25.2011 | Politics
Linda Basch

The candidates' strategic messages on the welfare of the middle class were loud and clear during the debate, but it was their silence on poverty that was truly deafening.

Late Car Payments Now Total $25 Billion; US May Lose 700 Dealerships This Year

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The number of people late on their monthly car and truck payments is huge, represented by nearly $25 billion worth of consumer auto loans that are delinquent.

Mortgage Debt Snowballing While Congress Debates Home Rescue Bill

New York Times | VIKAS BAJAJ | Posted 05.25.2011 | Business

When Congress started fashioning a sweeping rescue package for struggling homeowners earlier this year, 2.6 million loans were in trouble. But the pro...

Not So Fast On Mortgage Solutions

Washington Independent | Charles R. Morris | Posted 05.25.2011 | Business

A drumbeat is building for some form of federal takeover of troubled home mortgages. Sen. Chris Dodd (D-Conn.) is leading the charge in the Congress, ...

Ben Bernanke Got Punk'd

Motley Fool | Rick Aristotle Munarriz | Posted 05.25.2011 | Business

Yesterday's fivefold increase in JPMorgan's (NYSE: JPM) bidding price for the Al Capone vault that Bear Stearns (NYSE: BSC) has become is as shocking...