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Mortgages

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  • Alan Jennings: Nine steps to take in the fight to end poverty

    Alan Jennings: Nine steps to take in the fight to end poverty
    The Community Action Committee of the Lehigh Valley will be 50 years old next year at this time. I wish that, come Dec. 15, 2015, CACLV could declare victory in the War on Poverty, which spawned the agency, and go home.
  • South Florida's community banks emerge fewer but stronger

    South Florida's community banks emerge fewer but stronger
    South Florida community banks have made great progress since the depths of the recession — although there are fewer of them. The community banks based in Broward, Palm Beach and Miami-Dade counties suffered $1.9 billion in losses from 2008 to...

    U.S. Fed buys $6 billion of mortgage bonds, sells none

    The Federal Reserve bought $6.046 billion of agency mortgage-backed securities in the week from Dec. 18 to Dec. 24, compared with $5.752 billion purchased the previous week, the New York Federal Reserve Bank said on Friday. In a move to help the...

    Mortgage money, better selection of homes to ring in new year

    Mortgage money, better selection of homes to ring in new year
    South Florida home prices soared from 2000 to 2005, then plunged during the next six years before quickly bouncing off the bottom. But the market's mood swings appear to be over, analysts say. Housing settled into a more reliable investment in 2014,...

    S&P nears settlement on real-estate bond ratings: WSJ

    Standard & Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, the Wall Street Journal reported, citing people familiar with the matter. The proposed deal, which could be...