Home loan defaults rise nationwide
WASHINGTON Mortgage foreclosures climbed in the spring as higher interest rates and energy prices made monthly payments harder for some homeowners.
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Coakley sues subprime lender racial discrimination Massachusetts Attorney General Martha Coakley filed a lawsuit today against Option One Mortgage Corp.read more...
With New Limits, New Reasons To Question Mortgage Costs A seemingly arcane policy change by mortgage investor Freddie Mac sheds new light on issues of much broader concern for consumers: Do you really understand where the money flows --
Most Aust cities feeling fuel, mortgage pressure: report (Australian Broadcasting Corporation) A new report has found that most Australian cities are increasingly vulnerable to high oil prices and mortgage stress.read more...
Hurricane Victims to Get Mortgage Relief (AP via Yahoo! News) The Federal Housing Administration will launch a program to pay the mortgages of up to 20,000 victims of hurricanes Katrina, Rita and Wilma for as much as a year.read
Bill tightening mortgage rules wins support from regulators (Market Watch) WASHINGTON (MarketWatch) -- A bill that would require licensing mortgage originators and standards for subprime mortgages won support from two federal banking regulators Wednesday.
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