Hundreds of people have been arrested for alleged mortgage fraud as part of an investigation by the FBI and Justice Department that began March 1, government officials told CNN Thursday.
read more »
Add this link to...
Bury
Add to:
| Bookmarks
The current housing market is bleak: home prices and sales are plummeting, foreclosure proceedings are skyrocketing and mortgage rates are on the rise.
read more »
Add this link to...
Bury
Add to:
| Bookmarks
Last year, borrowers took out more than 132,000 reverse mortgages - 50% more than the year before and almost 10 times as many as five years ago. Such loans, as you may already know, allow you to draw down your home equity if you're 62 or older without repaying it as long as you stay in your house.<
read more »
Add this link to...
Bury
Add to:
| Bookmarks
Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.
read more »
Add this link to...
Bury
Add to:
| Bookmarks
An index of homes under contract for sale fell more than expected in February, reaching the lowest level since the index's 2001 debut, according to a report released Tuesday.
read more »
Add this link to...
Bury
Add to:
| Bookmarks
The housing crisis took center stage in the presidential race this week. For good reason: Recent data show that nearly a million American households
read more »
Add this link to...
Bury
Add to:
| Bookmarks
It started last summer when borrowers with weak credit started defaulting on their mortgages. Last night, it brought down an 85-year-old pillar of Wa
read more »
Add this link to...
Bury
Add to:
| Bookmarks