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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 12-22
  • Mum's the word on soaring Swedish household debt as poll nears

    STOCKHOLM (Reuters) - Johan and Alejandra are the kind of Swedes the IMF has been warning about - piling up debt to keep up with an ever-rising property market and fund a lifestyle of travel, maids and nights out. The couple plan to buy a flat in...
  • Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion

    (Reuters) - Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday. Under the settlement with the Federal...
  • Vacant Bethlehem home concerns neighbors

    While the economy seems to be picking up, there still are plenty of reminders about just how bad things were. One of them is next door to Roger and Pam Smith in Bethlehem. The other half of their twin home on High Street has been empty since 2009....
  • Beware the shortcomings of data on home prices and mortgage rates

    It has been said that figures lie and liars figure. But even when the numbers are truthful, they often are nearly meaningless. Take average home prices. They are widely reported by regional and local media, even though they are generally national in...
  • Heirs fail to inform lender of mother's death

    Dear Liz: My mother passed away unexpectedly in late 2008. She had a mortgage, and the house was under her name only. She didn't leave a will. My family is still paying the loan, and the company does not know my mother passed away. We don't have a lot...
  • FICO score change unlikely to help home buyers in near future

    You may have noticed the big media splash recently when Fair Isaac Corp., developer of the FICO credit score, announced the debut of a new score version that no longer would penalize consumers who have medical debt-collection issues in their credit files....
  • Bank of America's nearly $17 billion settlement could be announced Thursday

    Bank of America's nearly $17 billion settlement with the U.S. Department of Justice over soured mortgage bonds could be announced as early as Thursday, a source familiar with the talks told the Charlotte Observer Wednesday. Bloomberg News, citing a...
  • Rich buyers are doing their part for housing

    Rich buyers are doing their part for housing
    There's a parallel real estate universe out there, the one where people buy homes with price tags that start at $1 million. Apparently, they've been really busy lately. Even with reports from around the country that the overall market has slowed or...
  • Bank of England splits over rate hike for first time in three years

    LONDON (Reuters) - Bank of England policymakers broke ranks over interest rates for the first time in three years this month, when two unexpectedly voted to tighten policy and revived speculation about a 2014 rate hike. Former academic Martin Weale and...
  • U.S. mortgage applications rise in latest week : MBA

    NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as demand for refinancing increased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity,...
  • Know risks of buying in-laws' home

    Dear Liz: My in-laws just informed us that they have gone through their retirement fund and soon won't be able to pay their mortgage. They borrowed against the house they've lived in for 30 years and currently owe $325,000. They are devastated, so I am...