Headline News Archive



  • End of cheap credit hits homes, businesses. Mounting turmoil in credit markets could realign the finances of households and businesses, as banks scramble to bolster their balance sheets and jettison risky customers.
  • Más acciones correctivas del Fed. El Banco de Reserva Federal (Fed), que volvió a intervenir enérgicamente para evitar el pánico en los mercados, aprobará hoy otra bajada de
  • Easy loans are tougher to find. From the vantage point of his small Mumbai jewelry and pawnbroking shop, Raju Soni has gained a special insight into the state of India's credit
  • HUD wants costs made clear to borrowers. Mortgage lenders would be required to give better estimates of closing costs and improve disclosure of payments to mortgage brokers under rules proposed Friday by
  • Countrywide probed for fraud. Federal authorities are investigating Countrywide Financial Corp. for securities fraud, according to newspaper reports. The FBI is in the early stages of an inquiry into
  • 401(k)s tapped to save homes. Struggling to save their homes from foreclosure, more Americans are raiding their 401(k) retirement accounts to pay their bills — and getting slammed with taxes and
  • Mortgage lenders see borrowers give up. On the front lines in the mortgage foreclosure crisis, lender and loan servicer Dennis Lauria says his deepest losses are from borrowers who owe more
  • A reverse mortgage mess?. With $4 trillion of home equity wrapped up in the houses of America's senior citizens, it's no coincidence that the market for reverse-mortgage loans is finally
  • Use your 'foolish' refund wisely. For years I've been begging people not to use tax withholding as a forced savings tool. I understand the reasoning. Times are tight and people
  • Costly where it counts. Stuff is cheap. Really. Yes, a gallon of gasoline is far more expensive than it was last year, but adjusted for inflation it costs about
  • Veterans loans left out of stimulus plan. When Congress and the White House put together the $150 billion economic stimulus package, they raised the maximum mortgage limits in high-cost areas for Fannie Mae,
  • El momento para comprar. Si está considerando comprar una propiedad o refinanciar, este es el mejor momento. ¿La razón? Aunque las reducciones en la tasa de Reserva Federal
  • Report: Minorities hit by foreclosures. Subprime lenders that went out of business with the industry's collapse targeted minority neighborhoods, leaving them to struggle disproportionately with foreclosures and crumbling home values,
  • Elevan límite de préstamos. El secretario del Departamento de Vivienda y Desarrollo Urbano (HUD), Alfonso Jackson, anunció ayer que el límite máximo de préstamos hipotecarios que
  • En la mira la tasación de casas. Las firmas hipotecarias Fannie Mae y Freddie Mac, las mayores en Estados Unidos, se comprometieron ayer a cooperar con la procuraduría de Nueva York

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