Saturday, January 28, 2012

Article: Obama administration bolsters homeowner lifeline

Article: Daily Kos: Bank of America demands borrower silence in exchange for loan modification

NYTimes: Banks Taketh, but Don’t Giveth

From The New York Times:

OP-ED CONTRIBUTOR: Banks Taketh, but Don't Giveth

The banks that are engaged in a Manhattan land grab seem to be in the business of taking our money but not in the business of giving it back.

http://nyti.ms/x4fKVa

Friday, January 27, 2012

Article: Rate on 30-year fixed mortgage rises to 3.98% | cleveland.com

NYTimes: On Troubleshooting

From The New York Times:

MORTGAGES: On Troubleshooting

As of this month borrowers have another place to vent: the Consumer Protection Financial Bureau.

http://nyti.ms/xc3L6M

Thursday, January 26, 2012

Article: California calls mortgage settlement 'inadequate' | cleveland.com

NYTimes: New Housing Task Force Will Zero In on Wall St.

From The New York Times:

New Housing Task Force Will Zero In on Wall St.

A new federal task force looking into fraud related to the housing crisis will begin by looking at big banks and investment firms on Wall Street.

http://nyti.ms/wZI6tN

Wednesday, January 25, 2012

Article: Impact of mortgage relief deal on homeowners - CBS News Video


Impact of mortgage relief deal on homeowners - CBS News Video
http://www.cbsnews.com/video/watch/?id=7396207n


NYTimes: A Way to Make People Buy Homes Again

From The New York Times:

OP-ED CONTRIBUTOR: A Way to Make People Buy Homes Again

The federal government should offer a down-payment protection program to restore the confidence of potential homebuyers and lenders.

http://nyti.ms/wMqKHO

NYTimes: President to Offer Way for Easing Home Debt

From The New York Times:

President to Offer Way for Easing Home Debt

The White House plans to propose legislation that could allow a few million homeowners to reduce mortgage payments by refinancing with government-backed loans.

http://nyti.ms/xptlld

Tuesday, January 24, 2012

The Washington Post: Fed to disclose details of low-interest-rate plans


Fed to disclose details of low-interest-rate plans
http://wapo.st/wDU5Cq



Article: Fannie, Freddie writedowns too costly: regulator | Reuters

NYTimes: As Race Moves to Florida, Facing Political Implications of a Housing Crisis

From The New York Times:

As Race Moves to Florida, Facing Political Implications of a Housing Crisis

With the next Republican primary in a state hard hit by the collapse of the housing bubble, free-market instincts collide with voters' desperation.

http://nyti.ms/AoaPRv

NYTimes: Political Push Moves a Deal on Mortgages Inches Closer

From The New York Times:

Political Push Moves a Deal on Mortgages Inches Closer

About one million homeowners facing foreclosure could have their mortgage burden cut by about $20,000 each as part of a long-awaited deal.

http://nyti.ms/ABuFCE