2658 Stories, most recent news story added Mon Nov 23, 7:34 pm ET
Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor Bean & Whitaker Mortgage.
Like holiday shoppers in search of a good bargain, first-time home buyers were out in force last month, scooping up homes to grab a federal tax credit that was to have expired Nov. 30.
Gold has long been favored by a fringe of the investment world, but this year some of the world's leading hedge-fund managers have loaded up on the precious metal amid concern government efforts to avoid another Great Depression that could undermine major currencies and fuel rampant inflation.
Sales increased in October to the highest level since February 2007.
Homeowners who can't afford their mortgage payment, but still want to live in their current home may be keen to learn more about Fannie Mae's new Deed for Lease program, which allows homeowners to sign a deed in lieu of foreclosure and then rent back their home and continue to live there.
RISMEDIA, November 24, 2009—If you or someone you know has fallen behind on their mortgage, take heart; there is hope. Not from the government though; you’ll have to fight this one on your own, but you are not alone. And soon, your numbers could grow into a powerful ...
At a glance TODAY National Assn. of Realtors releases existing home sales for September.
WINSTON-SALEM, N.C.----Hatteras Financial Corp. , a leading mortgage REIT, today announced that Benjamin M. Hough, President and Chief Operating Officer, and Frederick J. Boos, II, Executive Vice President and Co-Chief Investment Officer, will present at the 2009 FBR Capital Markets Conference in New York City on December 1, 2009 at 2:20 p.m.
Some pretty disturbing things are happening with the U.S. dollar. For astute investors, however, it’s not all bad news
RISMEDIA, November 24, 2009—Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October 2009 with a strong uptrend established over the past seven months, while inventories continue to decline, according to the National Association of Realtors. Existing-home sales–including single-family, townhomes, condominiums and co-ops – surged 10.1% ...
The rules for high-dollar mortgages are getting tougher. Here's what's changing.
(RTTNews) - The economy has returned to growth after an extended period of contraction.
In the classic film Casablanca, Captain Renault, the local constable, feigns shock when, in a raid on Humphrey Bogart's nightclub, he discovers rampant gambling. His prosecutorial zeal quickly evaporates when he is plied with his regular cut of the action.
For the past several years, the Federal Housing Administration has been the go-to financing resource for cash-strapped homebuyers who can't come up with a big down payment.
============================================================= Oct Existing Home Sales Oct Sep ! Consensus: ! Total Sales: 6.10M 5.54Mr ! 5.70M ! % Change: +10.1% +8.8%r ! Actual: !
American homeownership, once considered a path to wealth, is now leading to disillusionment.
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