NYTimes: Executive Pay Capped at Fannie Mae and Freddie Mac

From The New York Times:

BUSINESS BRIEFING | REGULATORY NEWS: Executive Pay Capped at Fannie Mae and Freddie Mac

The regulator for Fannie Mae and Freddie Mac slashed salaries for the chief executives of the two agencies and ruled out bonuses for many top executives.

http://nyti.ms/zNHWvQ

NYTimes: Mortgage Crisis Inspires Churches to Send Lenten Season Message to Banks

From The New York Times:

ON RELIGION: Mortgage Crisis Inspires Churches to Send Lenten Season Message to Banks

Some churches across the country are withdrawing their holdings from Bank of America and other banks implicated in the mortgage crisis and urging repentence.

http://nyti.ms/zzcGfU

NYTimes: Bank of America Reaches Deal on Housing

From The New York Times:

Bank of America Reaches Deal on Housing

The bank will provide deeper-than-anticipated principal reductions for 200,000 homeowners under newly-disclosed terms of a foreclosure settlement with authorities.

http://nyti.ms/zPmVfm

How Good is the Housing News?

How Good is the Housing News?

NYTimes Article: http://nyti.ms/xmYUel

NYTimes: Refinancing Fees Are Reduced for Some F.H.A. Borrowers

From The New York Times:

BUCKS BLOG: Refinancing Fees Are Reduced for Some F.H.A. Borrowers

The Obama administration announced a new initiative that would make refinancing less expensive for certain borrowers with mortgages through the Federal Housing Administration.

http://nyti.ms/zhwzin

NYTimes: States of Depression

From The New York Times:

OP-ED COLUMNIST: States of Depression

Cuts at the local and state levels are hobbling the recovery.

http://nyti.ms/xKBQZf

NYTimes: ‘Rehab’ Loans to the Rescue

From The New York Times:

IN THE REGION | NEW JERSEY: 'Rehab' Loans to the Rescue

A popular F.H.A. loan program that covers not only buying a home but renovating it, too.

http://nyti.ms/zVqNyF

NYTimes: A Hidden Fee Is Set to Rise

From The New York Times:

MORTGAGES: A Hidden Fee Is Set to Rise

An add-on rate known as the G-fee, or guarantee fee, will increase 10 basis points this spring.

http://nyti.ms/Ang0QA

NYTimes: 0.2% Interest? You Bet We’ll Complain

From The New York Times:

FAIR GAME: 0.2% Interest? You Bet We'll Complain

Rock-bottom interest rates shore up big banks, but they punish savers — and look likely to keep doing so for quite some time.

http://nyti.ms/w4HtQx

Article: IRS Tax Tips: 10 Key Points for Mortgage Debt Forgiveness - Bayside, NY Patch

IRS Tax Tips: 10 Key Points for Mortgage Debt Forgiveness - Bayside, NY Patch
http://bayside.patch.com/articles/irs-tax-tips-10-keys-points-for-mortgage-debt-forgiveness