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Mortgages

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

Top Mortgages Articles

Displaying items 111-121
  • Report: 22,000 mortgage workers fired in fourth quarter

    Mortgage-related firings totaled nearly 22,000 in the fourth quarter of 2013, the highest level in six years, according to a tally by Mortgage Daily. The trade publication reported Monday that it counted about 3,000 new jobs added to the home lending...
  • Feds put out false stats on mortgage fraud

    In front of news cameras, federal authorities have talked tough about combating mortgage fraud. But behind closed doors, some FBI offices didn't even list mortgage fraud as a top priority, and the Department of Justice repeatedly promoted inflated...
  • 4 million homeowners climb out of negative equity

    WASHINGTON — The economy may be growing at a frustratingly slow pace, but one piece of it is booming: American homeowners' equity holdings — the market value of their houses minus their mortgage debts — soared by nearly $2.1 trillion...
  • How should couple with age gap tap Social Security spousal benefits?

    Dear Liz: I am 55 and my wife is 65. She only worked a few part-time jobs as she spent most of her working years raising our nine beautiful children. My question is, since she does not have enough credits to collect Social Security on her own work record,...
  • If you barter with contractor, the IRS might want its cut

    Q: I am a plumber, and for the last few years business has not been good in my area. Accordingly, I have often traded my services in exchange for work that is done on my house. For example, last year I did a large plumbing job (for which I would normally...
  • Borrower loses home but still has to pay equity loan

    Q: My home was foreclosed a few years ago. At that time, I had a home equity line of credit on the property. I am not responsible for the main mortgage. Unfortunately, this didn't seem to affect my equity loan, and I am still making payments on it. What...
  • Mortgage rates down slightly this week

    Average mortgage interest rates eased slightly this week, but may begin to move higher again next week, Freddie Mac said Thursday. The average rate on a 30-year, fixed-rate mortgage was 4.32 percent this week, compared with 4.37 percent last week and 3....
  • Freddie Mac: Average 30-year fixed mortgage rate falls to 4.32%

    Fixed mortgage rates fell early this week, with Freddie Mac reporting the average for 30-year loans dropped to 4.32% from 4.37% last week. The McLean, Va., housing finance company said lenders were offering 15-year fixed home loans, a popular option for...
  • No taxes on Roth IRA contributions

    Q: If I have funds in my checking account, do I pay taxes when I put the money into a Roth IRA? — S.P., Orlando A: No, you do not pay tax when you put funds into a Roth IRA. You also do not pay tax on the earnings so long as they are in the account...
  • Fannie Mae worker found guilty in foreclosure kickback trial

    A former Fannie Mae employee was convicted late Friday of soliciting kickbacks from a broker with promises to steer lucrative listings of foreclosed homes his way. The federal court jury in Santa Ana convicted Armando Granillo of three counts of fraud,...
  • Church, housing groups sue Gov. Brown over mortgage settlement money

    A collection of religious groups and homeownership advocates sued California Gov. Jerry Brown on Friday demanding that he return about $350 million from the 2012 national mortgage settlement that was used to plug holes in the 2013 state budget. The...