Saturday, February 11, 2012

NYTimes: What Homeowners Need Now

From The New York Times:

EDITORIAL | THE FORECLOSURE SETTLEMENT: What Homeowners Need Now

Foreclosure relief should include mortgages owned by Fannie Mae and Freddie Mac, which hold roughly 30 million mortgage loans.

http://nyti.ms/x90mAk

NYTimes: Across the Country, Looking for the Recovery

From The New York Times:

Across the Country, Looking for the Recovery

Cities across the country have shown economic improvement in recent months, but it's a joyless recovery for people still feeling the pinch.

http://nyti.ms/ygBsQq

Friday, February 10, 2012

NYTimes: Designing a Fix for Housing

From The New York Times:

OP-ED CONTRIBUTORS: Designing a Fix for Housing

Better design is precisely what suburban America needs in the housing crisis.

http://nyti.ms/AzSOCV

NYTimes: I.R.S. Offers Tool on Repayment of Home Buyer Tax Credit

From The New York Times:

BUCKS BLOG: I.R.S. Offers Tool on Repayment of Home Buyer Tax Credit

The I.R.S. is offering an online tool to help taxpayers who have to repay the home buyers' tax credit.

http://nyti.ms/wOpk8x

Thursday, February 9, 2012

NYTimes: Mortgage Plan Gives Homeowners Bulk of the Benefits

From The New York Times:

Mortgage Plan Gives Homeowners Bulk of the Benefits

Under the settlement, officials said Thursday, about $5 billion will go in cash payments to states and federal authorities, $17 billion will be earmarked for homeowner relief and roughly $3 billion will go for refinancing.

http://nyti.ms/AswFhV

NYTimes: States Negotiate $26 Billion Deal for Homeowners

From The New York Times:

States Negotiate $26 Billion Deal for Homeowners

Nearly two million Americans could benefit from mortgage relief from the nation's biggest banks, as part of a broad government settlement to be announced as early as Thursday.

http://nyti.ms/w6lFpR

Tuesday, February 7, 2012

NYTimes: Company Faces Forgery Charges in Mo. Foreclosures

From The New York Times:

Company Faces Forgery Charges in Mo. Foreclosures

The charges against DocX, which provided home foreclosure services to lenders across the nation, are one of the few criminal actions to follow reports of widespread improprieties against homeowners.

http://nyti.ms/ytQOaD

Monday, February 6, 2012

NYTimes: Deal Is Closer for a U.S. Plan on Mortgage Relief

From The New York Times:

Deal Is Closer for a U.S. Plan on Mortgage Relief

Potential support from California and New York would come in exchange for tightening provisions in order to preserve the right to investigate past misdeeds by the banks, and stepping up oversight.

http://nyti.ms/As9Yca

Sunday, February 5, 2012

NYTimes: An Easier Path to Refinancing

From The New York Times:

EDITORIAL: An Easier Path to Refinancing

President Obama's new mortgage refinancing plan could provide considerable relief for millions of homeowners shackled to high interest rates, if Congress approves it.

http://nyti.ms/xCvQ7k

NYTimes: A Mortgage Tornado Warning, Unheeded

From The New York Times:

A Mortgage Tornado Warning, Unheeded

Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient.

http://nyti.ms/A5TfFP