WASHINGTON (Reuters) - Fannie Mae plans to raise minimum credit score requirements next month and limit the amount of overall debt that borrowers ...
Average rates on 30-year mortgages fall, matching record low reached in spring Average rates for 30-year fixed mortgages fell this week, matching a ...
Commercial banks reduce borrowing from Federal Reserve's emergency lending program Banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week, but increased their use of other credit programs designed to ease the financial crisis. The Fed said ...
Federal effort to provide financing for state housing agencies totals $29 billion in financing A new federal program to support state and local housing finance agencies is expected to involve more than $29 billion in government support, Fannie Mae and Freddie Mac ...
Freddie Mac: Rates on 30-year mortgages remain below 5 pct, near record Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed ...
Shares of homebuilders follow Pulte higher, brushing off reports showing weak housing sector Shares of most homebuilders were mixed in Wednesday trading after two reports gave weak readings on the current housing market. Bucking the trend was Pulte Homes Inc., which jumped ...
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 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 ...
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 ...
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 ...
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 ...
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 ...
