Headline News Archive

2007

December

20

• Foreclosures rise 68% from last year. U.S. homeowners increasingly failed to keep up with their home loan payments in November, with the number of foreclosure filings surging 68% compared with the

19

• Fed guidance: Damned if they do.... No one ever said it would be easy, Mr. Chairman. On Tuesday, the Fed unveiled a proposal designed to prevent lenders from making mortgage loans

• Federal Reserve unveils mortgage rules. The Federal Reserve proposed new regulations yesterday to clean up a broad array of deceptive mortgage lending practices, a move that represents the central bank's

• Plan para regular préstamos hipotecarios. El Banco de Reserva Federal (Fed) presentó un plan el martes para proteger a los propietarios de viviendas de préstamos inescrupulosos. Las normas propuestas,

18

• Fed shrugged as subprime crisis spread. Until the boom in subprime mortgages turned into a national nightmare this summer, the few people who tried to warn federal banking officials might as

• Fed plan to clean up shady home lending. Federal Reserve plan being announced Tuesday would give people taking out home mortgages new protection against shady lending practices. The rules to be proposed are

16

• What to expect from Fed rate cut. Holiday bills have you worried? Bracing for your mortgage payment to reset higher? Have a certificate of deposit coming due? In all three situations, the

• Heating oil vs. gas: which pays?. When my wife and I bought our 1924 Baltimore rowhouse, we figured the original oil-fired boiler in the basement was just part of the charm of

15

• Mortgage rate freeze depends on credit score. It may be the only test you flunk if you score too high: It's called the FICO credit-score test, and it is a key element

14

• FHA loan expansion heading to a vote. Hundreds of thousands of minority and moderate-income home buyers would become eligible to get low-rate, low-down-payment mortgages insured by the federal government under an agreement

• 2 states probe Countrywide home loans. The nation's No. 1 mortgage lender, Countrywide Financial Corp., is under investigation by California Atty. Gen. Jerry Brown and the attorney general's office in Illinois, the

13

• Preparing for tax time. Here are two words that can get a person so riled up you would think you'd insulted his mama: tax time. Yes folks, no use

12

• Donald Trump spins in foreclosure game. When I heard that President Bush wants to bail out homeowners caught up in the sub-prime mortgage mess, I figured I better move fast if

11

• Holiday sales affected by subprime crisis (Chinese). 【美聯社十日電】目前，在全國範圍內因為房價的下跌，數以千計的私房屋主無法用房子做抵押，向銀行貸款支付他們從前的花銷。另外一些則由於抵押貸款利率的調整，導致無法負擔他們房屋每個月高昂的月供，而被銀行收走房屋。

• Dodd bill targets mortgage abuses. Senate Banking Committee Chairman Chris Dodd plans to introduce legislation today to end abuses in the subprime mortgage market that have contributed to record high

• Con el plomo no se juega. En los últimos meses se ha hablado mucho sobre los juguetes que han retirado del mercado (Mattel, específicamente) por contener plomo, y varios padres

09

• With home in the balance. From Faith Etheridge's tidy office in Frederick [MD], you can see the national foreclosure crisis unfold. And, sometimes, you can see a particular foreclosure stopped.

08

• Home buying: Up pops a higher price tag. Real estate agent Carol Temple vowed not to let her clients lose the sale. But she had to admit that the prospects looked bad: The

• Mortgage fees rise for once-prime borrowers. Call it the credit risk hangover after the housing boom binge. Home buyers and refinancers who cannot come up with sizable down payments and whose

07

• Bush plan may help up to 600,000 keep homes. President Bush's plan to slow the mortgage meltdown could help prevent hundreds of thousands of people from losing their homes, but many others would get

• 'Piggyback' loans allowed by Freddie fed mortgage risks. For a glimpse of the risks that infected the mortgage business in recent years, consider a small slice of what happened at Freddie Mac, the

• Those who avoided risk call plan a raw deal. In 2005, when even the bartender on U Street talked about all his condo investments, Matthew Brown and his fiancee walked away from the local housing

• Bush confía en su plan hipotecario. El plan de rescate inmobiliario anunciado ayer por la Administración Bush tiene un alcance para una fracción de propietarios con hipotecas de alto

• Nuevo récord de embargos. Los embargos hipotecarios a nivel nacional alcanzaron un nuevo récord durante el tercer trimestre del año, y durante este período más

06

• Subprime ARM reset agreement reached. resident Bush will announce this afternoon an agreement with major mortgage firms to freeze interest rates for five years for financially troubled homeowners - a