The Washington Post: Bernanke strikes cautious tone on recovery

Bernanke strikes cautious tone on recovery

http://wapo.st/xP6PzD

A novel idea to help pay the mortgage

Turn your house into a billboard.

http://www.ksfo.com/rssItem.asp?feedid=114&itemid=29807869

Article: Foreclosures comprised smaller slice of 2011 sales - Sonora News US National - myMotherLode.com

Foreclosures comprised smaller slice of 2011 sales - Sonora News US National - myMotherLode.com
http://www.mymotherlode.com/news/national/565208/Foreclosures-comprised-smaller-slice-of-2011-sales.html

Article: Fannie asks government for nearly $4.6 billion for fourth-quarter | cleveland.com

Fannie asks government for nearly $4.6 billion for fourth-quarter | cleveland.com
http://www.cleveland.com/business/index.ssf/2012/02/fannie_asks_government_for_nea.html

NYTimes: Credit Sesame Offers New Mortgage-Comparison Tool

From The New York Times:

BUCKS BLOG: Credit Sesame Offers New Mortgage-Comparison Tool

Does an adjustable rate make sense? What about a 15-year loan? Is refinancing worth the upfront costs? A new tool aims to help.

http://nyti.ms/y75PF8

NYTimes: House Votes to Restrict Use of Eminent Domain

From The New York Times:

NATIONAL BRIEFING | WASHINGTON: House Votes to Restrict Use of Eminent Domain

The House sought Tuesday to undercut a 2005 Supreme Court ruling that gives state and local governments eminent domain authority to seize private property for economic development projects.

http://nyti.ms/Aujj3q

Article: Foreclosure in credit history means waiting years for a new loan | Daily Record | dailyrecord.com

Foreclosure in credit history means waiting years for a new loan | Daily Record | dailyrecord.com
http://www.dailyrecord.com/article/20120227/NJBIZ/302270034/1005/rss

NYTimes: Pressure Grows on Fannie and Freddie to Reduce Principal on Some Loans

From The New York Times:

Pressure Grows on Fannie and Freddie to Reduce Principal on Some Loans

Proponents of debt forgiveness note that roughly one out of five Americans owes more on a home than it is worth, and that negative equity totals almost $700 billion.

http://nyti.ms/yyNMoe

NYTimes: Buyers Face Higher Fees at F.H.A.

From The New York Times:

Buyers Face Higher Fees at F.H.A.

The Federal Housing Administration will increase two fees charged to borrowers as it tries to bolster its finances and attract private lenders back to the mortgage market.

http://nyti.ms/xTR18F

The Washington Post: Business is humming for Fannie Mae

Business is humming for Fannie Mae

http://wapo.st/zK7E8z

Article: Lawsuit Accuses Company Of Foreclosure Rescue Scam - Local News Story - KESQ Palm Springs

Lawsuit Accuses Company Of Foreclosure Rescue Scam - Local News Story - KESQ Palm Springs
http://www.kesq.com/news/30546199/detail.html

NYTimes: HSBC Profit Rises on Demand from Emerging Markets

From The New York Times:

DEALBOOK: HSBC Profit Rises on Demand from Emerging Markets

HSBC Holdings, one of Europe's biggest banks, said that its profit rose 27 percent last year, to $16.8 billion, in part because of greater demand for loans in the developing world.

http://nyti.ms/ACB93C

The Washington Post: Bank of America and mortgages

Bank of America and mortgages

http://wapo.st/wmCFSB

The Washington Post: Buffett admits being ‘dead wrong' on timing of housing recovery but remains optimistic overall

Buffett admits being 'dead wrong' on timing of housing recovery but remains optimistic overall
http://wapo.st/wVJkqj

NYTimes: Points Lose Favor

From The New York Times:

MORTGAGES: Points Lose Favor

A trend away from points, which buy down the interest rate in exchange for an upfront fee, reflects borrower sentiment that rates are already low enough, industry experts say.

http://nyti.ms/zeNynl