News

2007

December

07
  • Bush plan may help up to 600,000 keep homes. President Bush's plan to slow the mortgage meltdown could help prevent hundreds of thousands of people from losing their homes, but many others would get no relief - and the plan's effect on the broader…
  • Those who avoided risk call plan a raw deal. In 2005, when even the bartender on U Street talked about all his condo investments, Matthew Brown and his fiancee walked away from the local housing boom. Instead, the District couple decided to take the…
  • Bush confía en su plan hipotecario. El plan de rescate inmobiliario anunciado ayer por la Administración Bush tiene un alcance para una fracción de propietarios con hipotecas de alto riesgo que, entre otras cosas, congela por cinco años las tasas de…
  • Nuevo récord de embargos. Los embargos hipotecarios a nivel nacional alcanzaron un nuevo récord durante el tercer trimestre del año, y durante este período más familias se sumaron a la fila de aquellos que están en riesgo de perder…
06
  • Subprime ARM reset agreement reached. resident Bush will announce this afternoon an agreement with major mortgage firms to freeze interest rates for five years for financially troubled homeowners - a plan advocates say will help forestall a major foreclosure crisis…
  • FBI to heighten mortgage fraud probes. The FBI today will launch a mortgage fraud task force in its Washington field office, joining a widening net of state and local investigators digging into the market crisis. Investigators are seeking to uncover evidence…
  • En camino la ayuda para salvar hipotecas. La ayuda que muchas familias a través de todo el país necesitan para no perder sus casas podría llegar a más tardar hoy jueves, cuando se espera que el gobierno federal haga públicos los detalles…
04
  • Credit counselors take center stage. In the middle of his speech yesterday on the administration's efforts to fix the mortgage crisis, Treasury Secretary Henry M. Paulson Jr. paused to carefully spell out a toll-free telephone number that troubled homeowners can…
  • Treasury Secretary outlines mortgage fix. Treasury Secretary Henry M. Paulson Jr. unveiled new details of the Bush administration's mortgage-relief plan yesterday, including a proposal that would grant new powers to local governments to refinance the mortgages of struggling homeowners. Paulson…
  • Viene en camino ayuda hipotecaria. El secretario del Tesoro, Henry Paulson, dijo el lunes que estaba confiado en que pronto habrá un acuerdo para ayudar a los dueños de vivienda congelando las tasas de interés en sus hipotecas. Paulson dijo…
  • Crédito sano, casa a la vista. Con todas esas noticias pesimistas sobre el sector de los bienes raíces se podría pensar que en este momento es casi imposible obtener una hipoteca. No es el caso, pero para ello tiene que tener…
02
  • Foreclosure rehabbers bet on sales. MAPLE HEIGHTS, Ohio — After the unpaid mortgage bills, the creditor warnings and finally the sheriff's sale, it's sometimes left to a handy man like Adrian Brad to clean up the mess left by the…
01
  • Renovations rarely recoup their cost. Linda and Jose Rahona created a master bathroom with floor-to-ceiling tile, custom glass shower doors and sleek fixtures. It took three months of dust, tilers, electricians, plumbers and glaziers - and $25,000 - to finish.…
  • Mortgage freeze for subprime loans?. Mortgage rates for homeowners with spotty credit histories would be temporarily frozen under a nearly completed agreement between top Bush administration officials and a broad alliance of Wall Street's biggest banks, mortgage investors, nonprofits and…
  • Big rebukes on title company referrals. Rigged appraisals, lax underwriting and toxic loans may dominate the headlines, but they are hardly the only issues causing problems in residential real estate. The federal government and state regulators are targeting other housing-related misdeeds…

November

30
  • Paulson says housing help is on the way. Passing squall or supersized economic blowout? However the housing and credit-market upheavals play out, they will shape the legacy of Treasury Secretary Henry M. Paulson Jr. From the start, he has tried to orchestrate a…
29
  • Spreading the [housing] misery. The nation’s foreclosure crisis is metastasizing, and communities are in harm’s way as property values and tax bases decline and crime increases. In the third quarter, there were 635,000 foreclosure filings, a 30 percent increase…
 

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