| Aug 8, 2013
President Obama this week joined lawmakers from both parties in calling for Congress to wind down Fannie Mae and Freddie Mac, the privately owned but government-backed companies that supply most of the funding for home mortgages in this country. There...
| Aug 8, 2013
| 8:44 AM
Fannie Mae and Freddie Mac, as it turns out, were a pleasant fiction. The quasi-government guarantors of mortgage loans seemed like a good deal for Americans during all the years when they helped guarantee the availability of affordable, long-term home...
| Aug 12, 2013
| 7:51 PM
NEW YORK — New York's attorney general has accused an Anaheim lender of illegally charging triple-digit interest rates on personal loans, then hounding borrowers to collect payments when they inevitably fell behind.
The lawsuit, filed late Monday,...
| Aug 13, 2013
| 4:57 PM
There may be a new glitch in Richmond’s strategy to bring mortgage relief to residents using the city's eminent domain powers.
The federal government has raised concerns that participating homeowners may not be eligible to refinance into the kinds...
| Aug 16, 2013
| 6:49 PM
WASHINGTON — You may have seen two sets of news reports recently that didn't quite add up: First, President Obama called for the liquidation of Fannie Mae and Freddie Mac, the country's largest providers of funds for home mortgages. Then, Fannie Mae...
| Aug 30, 2013
| 4:03 PM
The state of California and the Bank of America have a lot in common, says BofA Chief Executive Brian Moynihan.
Both were all but written off by critics as the economy tanked. Both endured painful budget cuts and remain hampered by unemployment and...
| Aug 16, 2013
| 8:11 AM
President Barack Obama will visit a Scranton college next week to make a pitch for giving college students more bang for their buck.
The White House announced Friday that the president will visit three colleges in New York before capping off a two-day...
| Aug 21, 2013
| 3:53 PM
Partisan gridlock prevented the Regional Transportation Authority board Wednesday from carrying out its routine annual responsibility to set estimates of funding levels for the CTA, Metra and Pace to plan their budgets for next year.
The move to...
| Aug 22, 2013
| 12:44 PM
Old Dominion doesn’t have an estimated cost or move-in date for a proposed waterfront football stadium, but athletic director Wood Selig considers the project “absolutely critical” to the program’s future and described initial...
| Aug 25, 2013
| 4:00 AM
Fear not, boardwalk vacationers. Labor Day may be approaching, but one of summer's favorite pastimes, the Whac-A-Mole game, is getting an extended run. We speak, of course, of Maryland's unceasing efforts to protect consumers from unscrupulous payday...
| Sep 6, 2013
| 9:05 PM
WASHINGTON — Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people who were hard hit by the housing bust and who thought they'd have to wait for years before owning...