Refinancing

What To Know Before Refinancing Your Mortgage

Reuters | Posted 05.19.2012

By John Wasik March 16 (Reuters) - I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortg...

Small Business Financing May Suffer From Obama's Proposed Budget and Political Wrangling

Jerry Chautin | Posted 04.22.2012

Jerry Chautin

Small-business owners are holding their collective breaths as the Obama Administration's proposed budget wends its way through the politically-charged Congress.

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

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...

Mortgage Applications Surge Fueled By Refinancing Demand

Reuters | Posted 04.09.2012

NEW YORK, Feb 8 (Reuters) - Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell...

Is There a Wikipedia to Go Dark for Homeowners?

David M. Abromowitz | Posted 04.07.2012

David M. Abromowitz

Saying millions of families should wait until the "market clears" is the modern equivalent of "let them eat cake." Clearing the market is an economist's term for letting the tidal wave of foreclosures continue.

Jason Linkins

Let's Help Reporters Understand What 'Mortgage Refinancing' Is, Shall We?

HuffingtonPost.com | Jason Linkins | Posted 02.02.2012

Dave Dayen today flags an exchange between Fox News White House Correspondent Ed Henry and HUD Secretary Shaun Donovan, in which the former drives the...

VA Loans Have a Huge Year, Remain Safest Lending Option on the Market

Chris Birk | Posted 04.02.2012

Chris Birk

Military borrowers continue to flock to the safety, security and unmatched buying power of VA loans in the wake of the subprime mortgage meltdown and ensuing credit crunch.

Most Americans Want The Government To Combat Foreclosures: Poll

The Huffington Post | Alexander Eichler | Posted 01.27.2012

With no end in sight to the foreclosure crisis, a majority of Americans are calling on the government to do something about it. Fifty-eight percent...

Jennifer Bendery

White House Leans On Social Media For State Of The Union

HuffingtonPost.com | Jennifer Bendery | Posted 01.20.2012

WASHINGTON -- Days ahead of President Barack Obama's State of the Union address, the White House on Friday unveiled a new web video and blog post mapp...

Jennifer Bendery

Obama To Channel Teddy Roosevelt In State Of The Union Address

HuffingtonPost.com | Jennifer Bendery | Posted 01.20.2012

WASHINGTON -- When he steps before a bicameral gathering of Congress next Tuesday night to deliver his fourth State of the Union Address, President Ba...

Zach Carter

New Obama Foreclosure Plan Helps Banks At Taxpayers' Expense

HuffingtonPost.com | Zach Carter | Posted 12.24.2011

WASHINGTON -- The Obama administration is introducing a new program on Monday designed to lower monthly mortgage payments for more troubled homeowners...

With Latest Plan, Obama Again Tries To Rehabilitate Housing Market [UPDATE]

The Huffington Post | Alexander Eichler | Posted 12.24.2011

President Obama and White House officials announced a major change to a national home-refinancing plan Monday, in an effort to stimulate the economy a...

JPMorgan, Bank of America, Wells Fargo Accused Of Overcharging Military Veterans

The Huffington Post | Alexander Eichler | Posted 12.05.2011

In what is only the latest instance of questionable mortgage practices coming to light, a new lawsuit claims that 13 banks and mortgage companies -- i...

They Can Take That Away From You!

Lita Smith-Mines | Posted 11.26.2011

Lita Smith-Mines

Sometimes the numbers make sense for a refinance, but it's rarely ever solely about numbers, and it's never a "no-brainer."

Low Interest Rates Send Mortgage Applications Up

Posted 10.03.2011

Applications for U.S. home mortgages rose last week as interest rates fell, an industry group said on Wednesday. The Mortgage Bankers Associati...

Many More People Suddenly Applying For Mortgages

Posted 08.15.2011

Applications for home mortgages saw their biggest jump in three months last week, fueled by demand for refinancing as interest rates continued to ...

"The Loan Arranger"

Jerry Zezima | Posted 06.19.2011

Jerry Zezima

Ever since my wife and I were rejected for a home refinancing loan by our bank, which actually owns the house but kindly allows us to pay the mortgag...

We Haven't Bottomed Yet... The Housing Crisis Continues

Hilary Kramer | Posted 05.25.2011

Hilary Kramer

The housing market in the U.S. still faces considerable pressure -- even two years into "an economic recovery" (albeit a jobless one). This is best ev...

The Left Edge of the Possible

Robert Kuttner | Posted 05.25.2011

Robert Kuttner

We need to take back our politics, so that what is sensible is also possible. Maybe, just maybe, events in Madison and elsewhere are the beginning of that process.

"Open Letter"

Jerry Zezima | Posted 05.25.2011

Jerry Zezima

Jamie Dimon President and CEO JPMorgan Chase Dear Mr. Dimon: I'm Jerry Zezima. The name probably doesn't mean much to you (it doesn't mean much to ...

The Real Estate Economy as Greek Mythology

Ron Gitter | Posted 05.25.2011

Ron Gitter

The one-two punch of higher interest rates and the inevitability of changes coming to Fannie and Freddie only further slow the process of the elusive real estate recovery.

Miami Homeowner's Foreclosure Nightmare: 'Everywhere I Turn Someone Else Is Scamming Me'

Miami Herald | Toluse Olorunnipa | Posted 05.25.2011

All she wanted was $50,000 from the equity in her house to help pay the bills while looking for a job in nursing. What Imogene Hall got was a brutal l...

William Alden

Cautious Homeowners Not Seduced By Record-Low Interest Rates

HuffingtonPost.com | William Alden | Posted 05.25.2011

There's very little anyone can do to convince Americans to take out a mortgage. Mortgage interest rates are lower than they've been in at least 40 ye...

The World Watches America's Disappointment With President Obama in Disbelief

Georges Ugeux | Posted 05.25.2011

Georges Ugeux

While traveling in Europe, India and China in mid-August, I met political, business and media leaders as well as friends and family. Together we refle...

Tweeting American

Bruce Kluger | Posted 05.25.2011

Bruce Kluger

A mentor once told me that the best way to determine if something is well written -- be it a book or movie or even an essay--is if it can be summed ...