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Mortgage

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.

Arthur Delaney

Obama Administration Lets Banks Out Of Doghouse For Bad Mortgage Servicing

HuffingtonPost.com | Arthur Delaney | Posted 03.02.2012 | Politics

WASHINGTON -- The Obama administration announced Friday that as part of a recent $25 billion settlement with big banks, the government will release mo...

California AG: Let's Make Sure Lending Abuse 'Will Never Happen Again'

Reuters | Posted 04.30.2012 | Business

* Kamala Harris continues fight against lenders * Six bills to protect borrowers from mortgage fraud * Follows settlemen...

Housekeeper Builds Garage-Sized Home on a Tiny Salary With No Mortgage (VIDEO)

Kirsten Dirksen | Posted 04.28.2012 | Green
Kirsten Dirksen

Johnny Sanphillippo has never made more than $20,000 per year (working mostly as a housekeeper), but he knew like "any other American" that he wanted to own his own home.

Mark Gongloff

Who's Really Paying The Tab For The Mortgage Settlement?

HuffingtonPost.com | Mark Gongloff | Posted 02.18.2012 | Business

Just who is paying for the big mortgage settlement, anyway? The Obama administration says it's the banks. Mortgage investors worry it will be them....

Catherine New

Who Does And Does Not Qualify For A Piece Of The $25 Billion Mortgage Settlement

HuffingtonPost.com | Catherine New | Posted 02.09.2012 | Business

The government's $25 billion settlement with five of the nation's largest banks could help up to one million homeowners. About $21.5 billion is earmar...

John Rudolf

Disgraced Mortgage Broker Pleads Guilty in Murder-For-Hire Plot

HuffingtonPost.com | John Rudolf | Posted 01.23.2012 | Crime

NEW YORK -- A disgraced broker already in prison for engineering a $100 million mortgage fraud pleaded guilty Monday to orchestrating a murder-for-hir...

Protests Intensify To Oppose Potential Federal Mortgage Settlement

Reuters | Posted 03.24.2012 | Business

* Left-leaning groups protest foreclosure deal with top banks * Targeted Obama re-election headquarters in Chicago * Ne...

Hells Angels Ex-President Sentenced Over Mortgage Fraud

The Huffington Post | Harry Bradford | Posted 01.20.2012 | Business

It's not just banks and lenders that can be accused of mortgage fraud. The former president of the Hells Angels Sonoma Chapter, Raymond "Ray Ray" ...

Rick Santorum's Questionable Financing

McLean Patch | Bobbi Bowman and Zandy Dudiak | Posted 03.19.2012 | Politics

A search of land records for the $2 million Great Falls home of Republican presidential candidate and former Pennsylvania Senator Richard Santorum tur...

Katy Perry Downloads And Stolen Cars: Putting The Foreclosure Mess In Perspective

The Huffington Post | Harry Bradford | Posted 01.18.2012 | Business

How rotten is the state of the U.S. housing market? A foreclosed home for every single person currently living in Denmark still wouldn't exceed the nu...

Mortgage Delinquency Rates Expected To Plunge Next Year

AP | EILEEN AJ CONNELLY | Posted 02.06.2012 | Business

NEW YORK — If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly...

Michigan High Court Says Yes To Foreclosures

The Huffington Post | David Sands | Posted 11.17.2011 | Detroit

A ruling by the Michigan Supreme Court Wednesday overturned an lower court's decision that suspended thousands of foreclosures in the state. The new d...

California Deserves a Better Deal

Rep. Maxine Waters | Posted 01.17.2012 | Politics
Rep. Maxine Waters

The banks hope that we'll see all the zeros and think that they've actually given us something. But California Attorney General Kamala Harris is not buying it. Instead of pressuring Harris to go with the flow, the rest of the attorneys general should follow her lead.

Herman Cain: Banks 'Want To Help People, They Really Do'

The Huffington Post | Luke Johnson | Posted 12.19.2011 | Politics

Republican presidential candidate Herman Cain said on Wednesday that banks want to "help people" renegotiate their mortgages but that government regul...

Is Wall Street the Enemy of the People?

Monika Mitchell | Posted 12.17.2011 | Business
Monika Mitchell

There is something new going on in this millennium, something really exciting. A shift in the way we think from an exclusive sense of "what's in it for me?" to an inclusive sense of "what kind of world are we co-creating?"

WATCH: Is It Smart To Throw Your Savings Into A Mortgage?

Posted 12.17.2011 | Fifty

Paul, 62, is like a lot of people near retirement: He wants a safe place to invest his money. But the interest rates on savings accounts barely keep u...

For The New Unemployed, Trouble Keeping A Home

The Huffington Post | Bonnie Kavoussi | Posted 12.05.2011 | Business

One in three Americans would not be able to pay their rent or mortgage for more than a month after losing their job, according to a new survey. The...

WATCH: A Man With 5 Tiny Homes in His Backyard: Micro-Architecture as Punk Rock

Kirsten Dirksen | Posted 12.04.2011 | Green
Kirsten Dirksen

2011-10-04-Screenshot20111004at12.38.52PM.jpg He builds small and he works with a micro-budget. His Gottagiddaway AKA "$100 homeless hut" was built for about that.

A Housing Market Divided: The Rich And Everyone Else

AP | By MICHELLE CONLIN | Posted 11.22.2011 | Business

-- In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else. Consider foreclosure-ravaged D...

SEC Nears Settlement With Fannie Mae, Freddie Mac Over Subprime Loans

Posted 11.09.2011 | Business

Regulators are close to an agreement with Fannie Mae and Freddie Mac to settle a case over disclosing their exposure to risky subprime loans, The ...

VIDEO: Illinois Home, Purchased For One Dollar, Now Faces Foreclosure

The Huffington Post | Harry Bradford | Posted 11.08.2011 | Business

Amid a crisis that has affected millions, even homes that would seem to be the safest of bets can face foreclosure. Linda Hatchell of Glen Ellyn, ...