News

2008

February

19
  • House hunters' bus tour of foreclosed properties. The foreclosure crisis has come to this in Massachusetts: guided bus tours of bank-owned properties for sale, led by real estate agents drumming up business in a slow market. In yesterday's downpour, a dozen bargain
16
  • Jumbo help. Anna Galloway keeps a watchful eye on interest rates and stays in touch with her mortgage broker because she is eager to refinance the "jumbo" loan on her Charles County home. "But I haven't even
  • You're invited . . . to pay your mortgage. Mortgage lenders hunting for delinquent homeowners who have dodged their phone calls and letters are employing aggressive new methods to track them down, potentially making every knock on the door or fancy envelope seem like
15
  • Top Officials See Bleaker Outlook for Economy. With the credit markets once again deteriorating, the nation’s two top economic policy makers acknowledged Thursday that the outlook for the economy had worsened, as both came under criticism for being overtaken by events
14
  • FBI, SEC join complex probe of housing crisis. Congress approved an economic stimulus package. The Treasury Department pressed lenders to reset mortgage rates for millions of troubled homeowners. And New York's insurance regulator is attempting to bail out a critical sector of the
13
  • Shadow victims of the mortgage crisis: renters. The Bush administration's announcement Tuesday that it would put the foreclosure process on hold for 30 days to rescue struggling homeowners came several weeks too late for Mike Salgado. And he's not even a homeowner. Salgado, 40,
  • Lifeline for whom?. When pressed by government officials, the mortgage industry has repeatedly pledged to modify the loans of at-risk borrowers. In May last year, Senator Christopher Dodd, chairman of the Senate Banking Committee, convened a group of
  • Foreclosure sales grow feeding vicious cycle. A growing share of home sales comes from foreclosures, especially in states hardest hit by the housing bust, according to an analysis of data. In some parts of California lately, nearly half of home sales
  • Más personas dejan de pagar sus cuentas. La Fundación Nacional para la Consejería de Créditos (NFCC) de Estados Unidos aseguró ayer que entre quienes han accedido a su portal de asesoramiento en asuntos crediticios, el número de personas
  • Quejas buenas y escritas. Un número de teléfono en el que es imposible hablar con un ser humano y un montón de reglas confusas son a menudo los primeros pasos a los que se enfrentan los
12
  • Agilizan trámites de ‘green cards’. En un intento por reducir el rezago en la expedición de las llamadas green cards o tarjetas verdes, el Departamento de Seguridad Nacional (DHS) decidió agilizar el trámite de residencia permanente para quienes
  • Hipotecas ajustables ponen en aprietos a la Fed. Joe Ripplinger sacó una hipoteca de $184,000 en el 2006 y hace sus pagos cada mes. Ahora debe $192,000. El pintor de casas de Minneápolis tiene una hipoteca de tasa ajustable con opciones de pago. Le permite
  • Precio de los sellos subirá un centavo. Es hora de comprar y guardar muchos sellos de correo Forever, que siempre valen lo mismo, no importa si el precio sube. El costo de enviar una carta subirá un centavo --a 42 centavos-- el 12 de
11
  • Fewer homeowners plan renovation projects. As more people struggle to pay their mortgage and fewer take out home-equity loans, many homeowners have cut back their spending on remodeling kitchens, replacing windows and other improvement projects. Two out of three homeowners
  • Cómo invertir cuando baja el interés. El miedo a una desaceleración de la economía ha provocado varias bajadas de tipos de interés por parte del Banco de Reserva Federal (Fed) desde septiembre de 2007, y parece que esa tendencia
  • Para ahorrar y mantener una perspectiva fresca. Hay consumidores que debieran pensar mejor cómo gastar el dinero en medio de una economía poco favorable. No obstante, con un poco de planificación de gastos es posible lograr cierto control financiero
10
  • Salvage treasures for smart homeowners. Piled on two rolling carts: four panel doors, two cases of gray ceramic tile, two bags of grout, one white pedestal sink, still boxed, and a pail of mortar. The doors need some work. The
09
  • Piggybacks: High cost to pay for small loan. As home prices peaked in the first half of this decade, roughly 40 percent of buyers took out two loans - often from two lenders - to cover the purchase. These loans, known as piggyback mortgages,
  • Lawsuit takes aim at 'junk' fees. Just about anybody who has bought a home or taken out a mortgage in the past five years has run into them in some form: mysterious fees charged by real estate brokers, lenders, builders and
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

Housing Menu

Help Desk

Advocacy