Headline News Archive

2007

September

13
  • 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,
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 home
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 nú
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
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
 

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