Mortgage Market

Mortgage Market: U.S. Government Still Propping Up Real Estate: Newsweek

newsweek.com | Daniel Gross | Posted 09.24.2009 | Business


While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...

USDA Mortgages: Zero-Down Government Loans Called "Subprime Beef"

BusinessWeek | Mara Der Hovanesian | Posted 11.22.2009 | Business


Builders and lenders are dusting off a familiar pitch: mortgages with $0 down and 100% financing. The deals, which take advantage of a little-known lo...

Newsweek: Will Housing Prices Ever Recover?

Newsweek | Daniel Gross | Posted 07.18.2009 | Business


The financial media are desperate to find good news in the troubled finance and housing sectors, the very industries that got us into this mess. This ...

HUD Program Encouraging People To Buy Homes They Can't Afford

Washington Independant | Posted 06.21.2009 | Politics


When U.S. Housing and Urban Development Secretary Shaun Donovan announced last week that first-time homebuyers soon will be permitted to turn their $8...

Homebuilders' Confidence In Housing Recovery Hits All-Time Low

AP | ALEX VEIGA | Posted 12.19.2008 | Business


LOS ANGELES — Homebuilders' confidence in a near-term housing recovery sank to a new all-time low this month, reflecting growing worries over th...

Private Mortgage Market Starting To Rise

New York Times | FLOYD NORRIS | Posted 06.01.2008 | Business


THE private mortgage market in the United States -- almost moribund in the wake of the subprime crisis that bankrupted some lenders last year -- is sh...

Bush Readies Mortgage Aid Plan

Washington Post | Lori Montgomery and David Cho | Posted 04.06.2008 | Business


The Bush administration is finalizing details of a plan to rescue thousands of homeowners at risk of foreclosure by helping them refinance into more a...

Writedowns Hit $120 Billion

Wall Street Journal | David Gaffen | Posted 03.28.2008 | Business


The admissions of greater-than-expected writedowns from Swiss bank UBS, along with reports out of major Japanese institutions, means the total amount ...

Greenspan Defends Subprime Mortgage Markets

AP | JANE WARDELL | Posted 03.28.2008 | Business


Former Federal Reserve chairman Alan Greenspan defended the U.S. subprime mortgage market, arguing the repackaging and sale to investors of risky home...