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Mortgage

Plain English, or Greek?

Ellen Schloemer | Posted 09.18.2012 | Money
Ellen Schloemer

The foreclosure review materials scored ZERO readability -- the only documents I know of that score that low are IRS publications. Is that the standard the regulators and servicers wanted to match?

How Retirees Can Avoid Refinancing Troubles

Posted 07.13.2012 | Fifty

SPECIAL FROM Next Avenue By Kenneth Harney Call it the retiree refinancing squeeze: Growing numbers of retired homeowners — including milliona...

30-Year Mortgage Rates Break Record

AP | Marcy Gordon | Posted 09.11.2012 | Money

WASHINGTON — Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market. ...

Can Mortgage Servicers Play by the Rules?

Anna Cuevas | Posted 09.08.2012 | Money
Anna Cuevas

The premise of these rules evolves around two principles -- protecting homeowners from surprise costs and preventing them from getting the runaround from their services.

Applying For A Mortgage Is About To Get Less Complicated

Posted 09.08.2012 | Money

WASHINGTON -- The government is proposing rules to simplify getting a home mortgage. The Consumer Financial Protection Bureau on Monday unveiled re...

LOOK: Man Transforms Bus Into Two Bedroom Home

The Huffington Post | Tara Kelly | Posted 06.29.2012 | Business

For many aspiring first-time buyers, home ownership is becoming a distant dream in the United States and abroad. While house prices have fallen in...

Get Help to Improve Your Financial Situation

USA.gov | Posted 08.20.2012 | Money
USA.gov

If times are tough for you and your family, we can help connect you with the tools and information you need to get back on your feet. We're launching ...

It's the Housing Bubble, Stupid

Chris Ladd | Posted 08.14.2012 | Politics
Chris Ladd

After all that's happened in the past half-decade, why can't economists look around? The housing bubble took an extraordinary toll on American households, but economists have yet to meaningfully grapple with its impact.

Zach Carter

Foreclosure Activist's Bank Can't Tell Her How Much She Owes

HuffingtonPost.com | Zach Carter | Posted 06.11.2012 | Politics

PROVIDENCE, R.I. -- Lynn Szymoniak's four-year foreclosure nightmare is finally over -- but the high-profile activist and attorney said she couldn't f...

Are Banking Reparations Justified?

D. Sidney Potter | Posted 06.08.2012 | Business
D. Sidney Potter

I love the smell of "banker repentance" in the morning. Case in point: One of the multi-billion-dollar settlements that's in the pipeline and simmerin...

Taking the Plunge: Considerations for First-Time Homebuyers in Today's Housing Market

Doug Lebda | Posted 03.18.2013 | Business
Doug Lebda

The housing market today is unpredictable which raises the question: how will the unstable housing market affect first-time homebuyers as they enter the market?

A Dimon in the Rough

D. Sidney Potter | Posted 05.14.2012 | Business
D. Sidney Potter

Like a fat kid and chocolate cake, some things are just inseparable. And CEO Jaime Dimon of JPMorgan Chase has proven that parable with his near insatiable appetite in saying the wrong thing at the wrong time.

Mississippi Woman Sold Wrong Foreclosed Home

The Huffington Post | Bonnie Kavoussi | Posted 05.14.2012 | Business

The foreclosure crisis just resulted in a very expensive mix-up for one Mississippi resident. Terry Jordan was sold the wrong foreclosed home by h...

5 Ways To Stretch Your Dollar During Divorce

Brendan Lyle | Posted 06.23.2012 | Divorce
Brendan Lyle

The divorce process can be a harrowing financial ordeal. Following these 5 easy steps will assist you in making the path a far easier one to walk.

Stories From the Frontline: Don't Drink the Yellow Kool-Aid

D. Sidney Potter | Posted 06.19.2012 | Business
D. Sidney Potter

The banks' almost near-inability to properly staff qualified personnel was a part of the comedy of errors. As an example, some of it was lost in translation -- literally.

Want an FHA Loan? Resolve Bad Debts First

Credit.com | Posted 06.18.2012 | Money
Credit.com

The Federal Housing Administration (FHA) recently announced a policy change in how they will treat mortgage loan applications for those whose credit histories contain unpaid collection accounts.

Stories From the Frontline: Why Is Mortgage Aid, Hater-Aid?

D. Sidney Potter | Posted 06.16.2012 | Business
D. Sidney Potter

Why is the banking industry -- for the most part, since I personally detest over generalizations, resistant to essentially doing the right thing and/or at least doing it in a timely matter?

Stories From the Frontline: Robo Signers vs. The Silent Enemy

D. Sidney Potter | Posted 06.10.2012 | Business
D. Sidney Potter

As a former 1 percent member who got his backside kicked in the real estate "boom and bust" over the last decade, I'm officially a 99 percent member (misery loves company) -- and it's with unique privilege that I can report stories from the frontline.

Why 'For Sale By Owners' Miss 'The Right Buyer'

Trisha Ocona Francis | Posted 06.10.2012 | Business
Trisha Ocona Francis

In this tough economic market everyone wants to save money, especially home sellers. A home seller may want to consider or even actually venture into ...

Homeowners Stuck With High Rates Even After Refinancing Program

Posted 04.06.2012 | Business

By Cora Currier ProPublica Some homeowners are getting stuck with relatively high interest rates even after they participate in the government's p...

Big Bank To Pay Back Victims Of Improper Foreclosure

AP | DEREK KRAVITZ | Posted 04.03.2012 | Business

WASHINGTON -- The Federal Reserve says Morgan Stanley will review foreclosures carried out by its old mortgage subsidiary and reimburse any homeowners...

Mortgage Giants Accused Of Spending 'Questionable' Amount On Conference

Reuters | Posted 05.21.2012 | Business

WASHINGTON, March 22 (Reuters) - A federal watchdog faulted Fannie Mae and Freddie Mac, the mortgage finance companies propped up with taxpayer fund...

Zach Carter

Foreclosure Activist Says $18 Million Doesn't Make Up For Homeowners' Harms

HuffingtonPost.com | Zach Carter | Posted 03.20.2012 | Business

The last four years have not been easy for Lynn Szymoniak. Since early 2008, she has waged a seemingly endless series of legal battles against some of...

Ben Hallman

Housing Secretary To Underwater Americans: There's Help For You

HuffingtonPost.com | Ben Hallman | Posted 03.06.2012 | Business

For every borrower in immediate danger of losing a home to foreclosure, there are at least two more like Renita "Kay" Butler, who is current on her lo...

Six Signs You May Have Too Much Debt

Jennifer Streaks | Posted 05.05.2012 | Money
Jennifer Streaks

We all carry some form of debt. Whether it be a mortgage, car note or student loans. Where you may run into trouble is when your debt starts to overwhelm and this can happen long before the bill collectors start calling.