Saturday, February 18, 2012

Friday, February 17, 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: Collection and Credit Firms Facing Broad New Oversight

From The New York Times:

DEALBOOK: Collection and Credit Firms Facing Broad New Oversight

The Consumer Financial Protection Bureau proposed a rule that would allow the agency to supervise two significant corners of the financial industry that until now have largely evaded federal scrutiny.

http://nyti.ms/wEDiim

Thursday, February 16, 2012

Article: Foreclosure activity edges higher in January | KING5.com Seattle


Foreclosure activity edges higher in January | KING5.com Seattle
http://www.king5.com/news/business/139416208.html


Article: FHA Lists 50 Counties With Highest Default Rates | FHA Mortgage


FHA Lists 50 Counties With Highest Default Rates | FHA Mortgage
http://fhamortgagemag.com/2012/02/fha-lists-50-counties-with-highest-default-rates/


NYTimes: Cuba Unleashes the Pent-Up Energy of Real Estate Dreams

From The New York Times:

HAVANA JOURNAL: Cuba Unleashes the Pent-Up Energy of Real Estate Dreams

Cubans are injecting money into real estate, spurred by government measures to stimulate construction and a new law that allows property trades for the first time in 50 years.

http://nyti.ms/xDlK3D

NYTimes: Audit Uncovers Extensive Flaws in Foreclosures

From The New York Times:

Audit Uncovers Extensive Flaws in Foreclosures

The findings of San Francisco county officials suggest how pervasive irregularities may be across the nation.

http://nyti.ms/w5dYNt

Tuesday, February 14, 2012

The Washington Post: FHA a beneficiary in mortgage settlement


FHA a beneficiary in mortgage settlement
http://wapo.st/wDwzPY


NYTimes: For California, Attorney General Insisted on Better Terms in Foreclosure Deal

From The New York Times:

For California, Attorney General Insisted on Better Terms in Foreclosure Deal

Kamala D. Harris took a hard line in negotiations with banks, but faced increasing pressure from the White House to reach a deal.

http://nyti.ms/y5PZ3E

Monday, February 13, 2012

Article: Foreclosures to climb before bank deal helps housing

NYTimes: Push to Avert Foreclosures Hits Court Logjam

From The New York Times:

Push to Avert Foreclosures Hits Court Logjam

Court hearings meant to protect New York homeowners from foreclosure are hopelessly slowed by endless paperwork and requests for additional information.

http://nyti.ms/ww59i4

NYTimes: Loan Terms Made to Order

From The New York Times:

MORTGAGES: Loan Terms Made to Order

More borrowers are opting for fixed-rate loans with terms other than the standard 30 or 15 years, especially when it comes to refinancings.

http://nyti.ms/xcpCqn