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Housing Rescue

Housing Finance Reform: Treasury Seeks Public Advice, Delays Action

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — Got any ideas for how to remake the U.S. mortgage market? The Obama administration wants to hear them. The administration on Wedne...

Freddie Mac Hires Ocwen in Spite of Past Problems

ProPublica | Posted 05.25.2011 | Business
ProPublica

Freddie Mac introduced a loan modification pilot program, but it outsourced the job to a subprime loan servicer with a history of customer dissatisfaction and run-ins with the federal government.

Mortgage Help: Who Qualifies And How To Get It

AP | Posted 05.25.2011 | Business

Questions and answers about the Hope for Homeowners Act of 2008, passed by Congress last weekend to try to steer as many as 400,000 struggling homeown...

Why Some People Hate The Housing Rescue

Dealbreaker | John Carney | Posted 05.25.2011 | Business

Over the weekend the Senate overwhelmingly passed a the mortgage bailout bill that includes a government rescue plan for mortgage finance giants Fanni...

Housing Bill Benefits Many: What's In It For You?

New York Times | Ron Lieber | Posted 05.25.2011 | Business

If you are ignoring the housing bailout bill because you think it benefits only troubled homeowners, you may miss out on a windfall. The bill, expect...

House OKs rescue for homeowners, Freddie, Fannie

AP | JULIE HIRSCHFELD DAVIS | Posted 05.25.2011 | Business

WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and prevent...

Congress Approves Housing Rescue Bill

AP | JULIE HIRSCHFELD DAVIS | Posted 05.25.2011 | Business

WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and prevent...