Headline News Archive

2007

September

18
  • Can consumers cash in on Fed rate cut?. Mortgages, home equity lines of credit, auto loans, credit card rates, certificates of deposit, and money market accounts can all be influenced by changes in…
17
  • Prepaying mortgage usually smart. Much attention is being paid to homeowners who can't afford their mortgage payment. But what if your bill is manageable? Or your interest rate hasn't…
16
14
  • Trapped by the mortgage meltdown. Whether you're a home seller, owner or buyer, by this point you've got to be feeling a little rattled. The bad news about the housing…
13
  • Mortgage denial rate inches up. Applicants for home mortgages were turned down for loans at a slightly higher rate in 2006 than the previous year, and significant disparities continued to…
  • Minorías pagan más por crédito. De acuerdo con un informe publicado ayer por la Reserva Federal (Fed) de Estados Unidos, las minorías étnicas, entre ellas los latinos y afroamericanos, pagan…
12
  • Mortgage brokers warned of deceptive ads. The Federal Trade Commission has warned more than 200 companies about "potentially deceptive" mortgage advertisements that could give borrowers false impressions of the cost of…
11
09
  • Some mortgage originators skip state licensing. Concerned about mortgage fraud and predatory lending practices, many states have toughened their laws by requiring loan officers or originators to undergo extensive background checks…
07
  • Foreclosure proceedings set record. With a warning that the worst is yet to come, the Mortgage Bankers Association said Thursday that lenders began foreclosure proceedings on a record number…
  • Contagio de crisis ‘subprime’. Los propietarios de casas que están batallando para lidiar con los fuertes incrementos en sus pagos de hipoteca ajustable fueron golpeados con un número récord…
06
  • FCC may ban cable exclusivity deals. ederal regulators appear set to crack down on cable companies that sign exclusive deals with apartment and condominium buildings, denying residents the fruits of emerging…
  • Home-equity loans dry up. When James Chou's credit card debt began to spin out of control a few years ago, he turned to a home-equity loan to pay it…
05
  • No more credit line sharing. A sea change in credit scoring could deflate your magic number: Fair Isaac, which calculates the widely used FICO score, recently announced that it would…
  • Piden flexibilidad a prestamistas. La Reserva Federal y otras agencias reguladoras pidieron ayer a las empresas prestamistas que sean flexibles con sus acreedores, para evitar que éstos se declaren…
02
  • Lock out 'mortgage protection' pitches. The meltdown among sub-prime mortgage lenders shows a particularly ugly side of the housing market - the business of selling high-risk financial products to people…
  • Tax hit could follow home loss. In a package of proposals aimed at easing foreclosure worries for homeowners having trouble making their mortgage payments, President Bush called last week on Congress…
  • Not your parents' mortgage market. A generation ago, banks took on deposits and lent that money to homebuyers who took out 30-year, fixed-rate mortgages. That changed when Wall Street got…
  • Even low-risk borrower suffering. Now that homeowners can no longer easily use their homes as ATM machines, they are turning back to credit cards. The latest figures from the…
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

Housing Menu

Help Desk

Advocacy