Many Foreclosure Victims Making Speedy Return To Homeownership
By Jilian Mincer NEW YORK, May 16 (Reuters) - When Jennifer Anderson's family could no longer afford their mortgage an...
By Jilian Mincer NEW YORK, May 16 (Reuters) - When Jennifer Anderson's family could no longer afford their mortgage an...
Preeti Vissa | Posted 05.14.2012
The rest of the country is inching forward on tangible progress, but Edward DeMarco could do more than anyone. The need is as urgent now as it ever was.
Reuters | Posted 05.10.2012
* Fannie Mae posts Q1 profit of $2.7 billion * Profit due to fewer delinquencies * Escapes need for taxpayer aid this qu...
Bloomberg View | the Editors | Posted 05.08.2012
From Bloomberg View: One of the more confounding aspects of the U.S. housing crisis has been the reluctance of lenders to do more to assist trouble...
Anna Cuevas | Posted 05.04.2012
Edward DeMarco, Acting Director of the FHFA, indicated that additional analysis would have to be performed to determine the long-term benefits of principal reductions.
Reuters | Posted 05.01.2012
* Anthony Renzi leaving post as head of single-family business -filing * Regulator has ruled out bonuses for many top execs at compan...
Reuters | Posted 04.23.2012
* Democrats and Republicans want to replace mortgage giants * No quick action from Congress expected in election year By...
Bloomberg View | Jonathan Weil | Posted 04.20.2012
The U.S. Treasury Department wants the public to believe the government’s bailouts of the financial sector might make money for taxpayers. It’s ea...
The Huffington Post | Harry Bradford | Posted 04.13.2012
The business of turning foreclosed homes into rentals is set to boom. The practice could be a $100 billion industry this year, according to a rep...
Reuters | Posted 04.13.2012
By Matthew Goldstein and Jennifer Ablan NEW YORK, April 12 (Reuters) - For the second time in five months, Bank of America is tapping ...
The Huffington Post | Alexander Eichler | Posted 04.11.2012
The foreclosure crisis is costing you money. How much, exactly, depends on a number of factors -- whether you own a house, what your property is wo...
Richard (RJ) Eskow | Posted 04.11.2012
DeMarco's still an unelected ideologue with too much power, and he still needs to go. But yesterday, he finally spoke up. To anyone with the right political or emotional closed-captioning device the message was loud and clear: Don't rush me, Mr. President -- and find yourself another fall guy.
HuffingtonPost.com | Ben Hallman | Posted 04.10.2012
Edward DeMarco isn't ready to blink yet on principal reductions, even though doing so could save Fannie Mae and Freddie Mac $1.7 billion. On Tuesd...
Reuters | Posted 04.07.2012
WASHINGTON, April 6 (Reuters) - The Obama administration wants Fannie Mae and Freddie Mac, which finance the bulk of U.S. mortgages, to start reduci...
Posted 04.06.2012
By Cora Currier ProPublica Some homeowners are getting stuck with relatively high interest rates even after they participate in the government's p...
The Huffington Post | Harry Bradford | Posted 04.03.2012
An extravagant conference sponsored by U.S. taxpayers is costing some government officials their jobs. General Services Administration chief Marth...
HuffingtonPost.com | Ben Hallman | Posted 04.03.2012
New Fannie Mae rules meant to lessen the cost of expensive bank-imposed home insurance would fail to curb some of the most abusive industry practices,...
The Huffington Post | Jillian Berman | Posted 04.03.2012
It’s a landlord's market and financial firms are taking advantage. One private equity firm, Waypoint Real Estate, is buying about five foreclose...
Mary Jo Kilroy | Posted 03.29.2012
The Federal Housing Finance Agency needs to stop being an obstacle and instead empower Fannie Mae and Freddie Mac to take reasonable measures to rewrite underwater mortgages, including principal reductions.
AP | CHRISTOPHER S. RUGABER | Posted 03.29.2012
WASHINGTON -- A government watchdog says the top U.S. housing regulator should take a more active role in overseeing mortgage giants Fannie Mae and Fr...
HuffingtonPost.com | Ben Hallman | Posted 03.27.2012
Mira Tanna, a housing advocate in Orlando, Fla., doesn't expect everyone to know the details of the recently announced $25 billion mortgage settlement...
Amy Hovey | Posted 05.26.2012
We've tried and seen the consequences of a laissez faire approach. The fact is that the market cannot correct itself. It's time for the guiding hand of government to provide the push that can send homeowners, communities and the economy on the road to recovery.
David Coates | Posted 05.26.2012
In 2008-9, major banks in trouble were bailed out by American homeowners as taxpayers; but in 2012 American homeowners in trouble are not being bailed out by those same banks to anything like the same degree.
HuffingtonPost.com | Peter S. Goodman | Posted 03.26.2012
SPRINGFIELD, Mass. -- After two years of bewildering futility, John and Linda DeCaro thought they had finally found a way to hang on to their home. ...
Posted 03.23.2012
By Jessie Eisinger, ProPublica and Chris Arnold, NPR New analyses by mortgage giants Freddie Mac and Fannie Mae have added an explosive new dimens...
Reuters | Posted 05.17.2012