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April 12, 2012

Watchdog blasts housing program for ‘hardest hit’

A federal-state program aimed at helping homeowners in states hardest hit by the mortgage crisis is falling far short of its goals, a federal watchdog said in a report released Thursday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/MmWY2x7HGdU" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 5:41 am

April 11, 2012

Underwater owners get promise of help

If falling prices have left you with a mortgage bigger than your home's value, you may soon be able to refinance at a lower rate.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/T9DA996jSQg" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 11:24 am

Still resisting principal reductions

Allowing Fannie Mae and Freddie Mac to offer principal reductions may save taxpayers money thanks to enhanced government incentives, a preliminary analysis released Tuesday shows.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/bdZkCj8JRnw" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 10:40 am

April 10, 2012

Court approves $26 billion foreclosure settlement

A federal judge approved the $26 billion settlement deal reached between the nation's five largest mortgage lenders and the attorneys general of 49 states and the District of Columbia over abuses in foreclosure processing.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/cm6QffxSB3g" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 12:26 pm

What the foreclosure settlement means for you

The $26 billion foreclosure settlement has finally been given the green light, making it possible for roughly two million of the nation's hardest hit borrowers to see a significant reduction in their mortgage payments.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/zNGUbtHG2eA" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 12:19 pm

Mortgage servicers targeted by new rules

The Consumer Financial Protection Bureau will announce Tuesday that it's considering new rules aimed at mortgage servicers to help protect consumers against "costly surprises."img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/It-xBcxJXP0" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 9:26 am

April 9, 2012

America’s biggest house is on the block

Versailles -- no, not the one in France but this one in Windermere, Fla. -- is for sale for $65 million, though half completed. Westgate Resorts founder David Siegel halted construction on his 90,000-square-foot dream house after the financial crisis buffeted his time-share biz. The home is the subject of a new documentary: The Queen of Versailles.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/TOCdVhZDo3Q" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 11:39 am

Does principal reduction work?

The world will only have to wait a few more weeks to find out whether Fannie Mae and Freddie Mac will allow principal reductions on mortgages they back.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/UezUpOWIF4U" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 8:36 am

April 5, 2012

Rents keep rising as home prices stagnate

Renting used to be cheaper than buying. But in many U.S. cities that's no longer the case, as rents continue to climb and home prices stagnate.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/waLyIZ3Lgug" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 10:08 am

10 fastest growing U.S. cities

Despite the housing bust and the recession, these 10 U.S. cities still managed to record population gains of 30% or more in the decade ending in 2010, according to the Census Bureau.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/rD8X8thPAro" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com
Filed under: News — John @ 6:30 am
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