Consumer Credit and Debt

1-17 of 44 results

Mortgage delinquencies hit another record in 3Q

AP News 3 days ago

Mortgage delinquencies peak again in 3rd qtr, but pace of growth slows for 3rd straight period The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another ...

FHA boss: FHA is not the new subprime

AP News 6 days ago

FHA commissioner defends health of housing agency amid concerns over its financial cushion Federal Housing Administration Commissioner David Stevens said Saturday that concerns the agency is headed for the same financial trouble that snared Fannie Mae, Freddie Mac and the subprime sector ...

NYC renters, landlord seek accord over rent fight

Reuters US Online Report Domestic News 7 days ago

NEW YORK (Reuters) - Tenants in a vast New York City apartment complex and owner Tishman Speyer on Friday said they had opened talks to settle a rent clash, one day before a planned rally against the landlord. New York's top court ...

Homeowners Insurance 101

CommenTerry 7 days ago

If you are a new homeowner or about to become one, it is vital that you learn what you need to know about homeowners insurance. Whether you bought your home with cash or are financing through a mortgage company, it is important ...

Consumers Refinancing, Not Buying

consumeraffairs.com 7 days ago

Purchase mortgages 21 percent below 2008 levels The number of people taking mortgage loans went up slightly in the last week, but most were refinancing existing mortgages. Loans for home purchases continued to fall. The Mortgage Bankers' Association Market Composite Index, a ...

American Home Mortgage Servicing Agrees To 8200 Modifications

consumeraffairs.com 7 days ago

Subprime loans orginated by H&R Block, Option One American Home Mortgage Servicing has reached a settlement with the State of Massachusetts, agreeing to modify 8,200 mortgages held by Massachusetts homeowners. The firm had previously been blocked by a state court from foreclosing ...

Hawaii foreclosure filings remain high

AP News 8 days ago

Study: Hawaii foreclosure filings remain high A real estate research firm reports there were 925 foreclosure filings in Hawaii in October as distressed homeowners continued to deal with layoffs, furloughs and wage cuts. The October figure is short of the 969 filings ...

Rates on 30-year loans remain below 5 percent

AP News 8 days ago

Freddie Mac says rates on 30-year mortgages stay below 5 percent for second straight week Rates this week for 30-year home loans stayed below 5 percent for the second week in a row. The average rate fell to 4.91 percent from 4.98 ...

Foreclosures dip 3 pct. in October from September

AP News 8 days ago

Foreclosures back off in October for 3rd straight month, but unemployment could derail trend The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers. But foreclosure ...

FORECLOSURE RATES

AP News 8 days ago

Graphic shows total foreclosure filings for past 13 months Copyright 2009 AP News

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