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Negative Equity

Zach Carter

Larry Summers Just Contradicted Tim Geithner On Obama's Foreclosure Mess | Zach Carter | Posted 06.10.2014 | Politics

Larry Summers and Timothy Geithner are clearly not on the same page about that foreclosure crisis they inherited in 2009. The two former Obama admi...

Not-Yet-Knocking on the Real Estate Door

Lita Smith-Mines | Posted 02.02.2014 | New York
Lita Smith-Mines

During the first few decades of my career as a real estate attorney, the question posed by clients was, "What will buying (or selling) cost me?" When ...

America's Half-Forgotten Housing Crisis

David Coates | Posted 07.06.2013 | Politics
David Coates

On the housing front, the good news is that the president wants Mel Watt to head the FHFA. The really bad news is that the problems in the U.S. housing system are currently so entrenched that, even if he is confirmed, Mel Watt will be hard-pressed to resolve them.

Underwater Borrowers, Homebuilders Keys to Easing Inventory Squeeze

Dr. Stan Humphries | Posted 06.11.2013 | Business
Dr. Stan Humphries

The shortage of available homes for sale has become a major trend in advance of the busy spring home shopping season.

Negative Equity and Inventory Shortages: Why the Housing Bottom Won't Be as Boring as Expected

Dr. Stan Humphries | Posted 09.04.2012 | Business
Dr. Stan Humphries

Our operating thesis about what the bottom in the housing market would look like is changing now that we're having a good look at markets that have bottomed like Miami and Phoenix.

Anti-Foreclosure Law 'Has Become A Mockery'

Reuters | Posted 08.27.2012 | Business

* Borrower protection laws hold back recovery, some economists say * Housing slump worse in states with judicial protection ...

Arthur Delaney

Obama Administration Hogs Housing Credit | Arthur Delaney | Posted 05.31.2012 | Politics

WASHINGTON -- The Obama administration wants all the credit for a drop in Nevada foreclosure filings even though housing analysts have attributed some...

Shahien Nasiripour

Obama's Foreclosure Program Will Reach Less Than One Quarter Of Administration's Target | Shahien Nasiripour | Posted 05.25.2011 | Business

The Obama administration's signature anti-foreclosure program will ultimately aid less than a quarter of the nearly four million distressed homeowners...

Fannie, Freddie In Talks With Government Over Reducing Balances For Struggling Homeowners: Report

Posted 05.25.2011 | Business

NEW YORK: Fannie Mae and Freddie Mac are in discussions with U.S. government officials to join government programs aimed at reducing mortgage balances...

Nearly One Quarter Of Mortgage Borrowers Owe More Than Their Home Is Worth

DailyFinance | CHARLES HUGH SMITH | Posted 05.25.2011 | Business

By the end of the first quarter of 2010, the number of mortgaged residential properties with negative equity had declined slightly to 11.2 million, do...

Shahien Nasiripour

75% Of Homeowners In Obama's Loan Modification Plan Still Owe More Than Their Homes Are Worth | Shahien Nasiripour | Posted 05.25.2011 | Business

More than three-quarters of homeowners who have had their monthly mortgage payments reduced under the Obama administration's primary foreclosure-preve...

Shahien Nasiripour

Obama Foreclosure-Prevention Plan Lagging, New Data Shows (EXCLUSIVE) | Shahien Nasiripour | Posted 05.25.2011 | Business

Only about a third of the homeowners who have successfully completed the trial period of the Obama administration's mortgage modification program have...

Shahien Nasiripour

Treasury Getting More Comfortable With Principal Write-Downs -- Sort Of | Shahien Nasiripour | Posted 05.25.2011 | Business

Is the Treasury Department finally going to help homeowners who owe more than their homes are worth get out from underwater? Maybe, maybe not. At a ...

Shahien Nasiripour

Obama Administration Knew Foreclosure Program Wasn't Working Right, Did Nothing | Shahien Nasiripour | Posted 05.25.2011 | Business

This story has been updated: See below. Even as the Obama administration's signature foreclosure-prevention program has foundered, Treasury Departmen...

Underwater Mortgages: 1 In 4 U.S. Borrowers Have Negative Equity On Their Homes

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

First the good news: The number of Americans who owe more on their mortgages than their homes are actually worth is not as high as many thought. In Au...

Obama's Loan Modification Plan 'Destined To Fail': Amherst Securities (TRANSCRIPT)

Posted 05.25.2011 | Business

In Congressional testimony today, a mortgage market expert offered scathing criticism of the Obama administration's plan to help distressed homeowners...

Preventing Foreclosure: How To Cope With Negative Equity

Mainstreet | Brian O'Connell | Posted 05.25.2011 | Business

You wouldn't know it from the national media, but just because your home loan is underwater -- meaning you owe more than the house is worth -- that do...

Shahien Nasiripour

At Last, One Government Agency Considers Cutting Mortgage Principal For Distressed Homeowners | Shahien Nasiripour | Posted 05.25.2011 | Business

FDIC Chairman Sheila Bair indicated Thursday that she is exploring the idea of reducing the principal on as much as $45 billion in mortgages her agenc...

HSBC Sees Dive In Profits, Jump In Negative-Equity Loans

Daily Mail | Becky Barrow | Posted 05.25.2011 | Business

More than one in 10 mortgages are in negative equity or close to being plunged into it, one of the world's biggest banks admitted today. HSBC said it...