Headline News Archive

2007

September

02
  • 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
01
  • Fed finds no bias in credit scores. In a report to Congress that is certain to generate controversy, the Federal Reserve Board says that credit scores vary "substantially" among racial and ethnic

August

31
  • Mortgage brokers fall on tough times. Mortgage brokers are leaving the business in droves as the crisis in subprime mortgages leads to fewer products to sell, tighter lending standards and a
  • FHA to help refi at-risk mortgages. Some homeowners with risky "subprime" adjustable-rate mortgages will be able to refinance before they lose their home to foreclosure, with the help of steps President
30
  • Mortgages are for paying off. African Americans are often the target of financial pitchmen trying to convince them they should never pay off their mortgages. Instead, the line goes, people
  • Bernanke: Need new mortgage options. Federal Reserve Chairman Ben Bernanke suggested that policymakers look for ways to encourage a wider range of mortgages geared for borrowers who have been hard
  • Plight for renters gets tougher. As the credit crunch shakes up the mortgage market, one group that's suffering some severe collateral damage doesn't own a home at all: renters. Already,
29
  • Consumidores en apuros. La confianza de los consumidores se redujo en agosto debido a la turbulencia en los mercados financieros y a los requisitos más estrictos para
28
  • Blight moves in after foreclosures. Houses abandoned to foreclosure are beginning to breed trouble, adding neighbors to the growing ranks of victims. Stagnant swimming pools spawn mosquitoes, which can carry
  • Home sales go from bad to worse. The news Monday from the National Association of Realtors was bad enough: Sales of existing homes fell in July to their slowest pace in five
27
  • Cómo reducir los costos de cierre. Las transacciones de cierre incluyen los gastos de obtención del préstamo, honorarios por la transferencia del título de la propiedad e impuestos
24
23
22
  • Tenant screening could cost you rental. The process of finding the perfect rental house or apartment can range from hectic to nearly impossible. But it could be worse: Picture yourself locating
 

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