Thursday, April 12, 2012

NYTimes: Treasury Faulted in Effort to Relieve Homeowners

From The New York Times:

Treasury Faulted in Effort to Relieve Homeowners

A report by the special inspector general for the Troubled Asset Relief Program said the Hardest Hit Fund has not reached many homeowners in need of aid.

http://nyti.ms/IUik1v

Wednesday, April 11, 2012

NYTimes: Lenders Again Dealing Credit to Risky Clients

From The New York Times:

Lenders Again Dealing Credit to Risky Clients

With the financial industry recovering and fee income reduced by new regulations, lenders are seeking to woo back less creditworthy borrowers.

http://nyti.ms/HynmqH

Monday, April 9, 2012

NYTimes: Locking In Peace of Mind

From The New York Times:

MORTGAGES: Locking In Peace of Mind

A lock-in agreement freezes the terms of a loan while it is being processed; this guarantee may be especially important for those refinancing.

http://nyti.ms/Hqj1Dg

Tuesday, April 3, 2012

NYTimes: Investors Are Looking to Buy Homes by the Thousands

From The New York Times:

Investors Are Looking to Buy Homes by the Thousands

With house prices still down, some large investors are creating huge portfolios by buying thousands of homes at deep discounts and then renting them out.

http://nyti.ms/H9JYb9