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A collection of news and information related to Mortgages published by this site and its partners.

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  • Investors finding fewer bargains in Chicago housing market

    By one estimate, institutional buyers that acquire distressed homes and convert them into rentals bought about 9,500 properties in the Chicago area in a 32-month period that ended in August.
  • Homeowners underestimate their property values 1.6%, research says

    Homeowners underestimate their property values 1.6%, research says
    Do American homeowners think their properties are worth less than the actual market value, as measured by professional appraisers? Highly unlikely, you'd probably say. Everybody knows that owners tend to have optimistic impressions of what their homes...

    Rent or buy?

    Rent or buy?
    My daughter is newly married, and my son is returning to Maryland with his young family after completing his military service. Look for a spike in home sales in 2015. Both young couples have had it with renting, and I can't blame them. Joe and...

    Connecticut Banking Commissioner Pitkin To Retire

    Connecticut Banking Commissioner Pitkin To Retire
    Howard Pitkin, commissioner of the state banking department for seven years, much of it marked by the mortgage crisis, will retire in January, ending four decades in the department. "I'm of an age that I still want to enjoy the years I have left with...

    New Jersey firm in line for whistleblower payout in Bank of America settlement

    CHARLOTTE, N.C. A New Jersey-based mortgage company is in line for a whistleblower payout as part of Bank of America's $16.65 billion settlement in August over the bank's packaging of mortgage loans into securities, according to court and settlement...