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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 23-33
  • FHA is set to return to anti-house-flipping restrictions

    Can you still do a short-term house flip using federally insured, low-down payment mortgage money? That's an important question for buyers, sellers, investors and realty agents who've taken part in a nationwide wave of renovations and quick resales...
  • U.S. student loan debt is not killing homeownership

    LOS ANGELES (Reuters) - Is surging student debt really preventing an entire generation from becoming first-time homebuyers? That's true, to an extent, but also mischaracterizes education debt as holding most people back, rather than helping them get...
  • U.S. regulator targeting lower down payments on mortgages

    LAS VEGAS (Reuters) - The regulator of Fannie Mae and Freddie Mac said on Monday it was developing rules to let Americans buy homes with down payments as low as 3 percent, part of a push to boost access to credit. Mel Watt, director of the Federal...
  • Regulator unveils plan to spur lending by Fannie, Freddie

    Regulator unveils plan to spur lending by Fannie, Freddie
    Seeking to reassure home lenders, the government's top overseer for Fannie Mae and Freddie Mac said the mortgage finance giants would ease their demands to be compensated for certain soured loans. Federal Housing Finance Agency Director Mel Watt also...
  • Malloy, Foley Go Another Round In The Battle Of The Tax Returns

    Malloy, Foley Go Another Round In The Battle Of The Tax Returns
    It's a battle of the tax returns as both Gov. Dannel P. Malloy and his Republican opponent Tom Foley are charging that the other candidate is not revealing enough about his personal finances. The state Democratic Party reissued the charge Sunday when...
  • Malloy, Foley Battle Over Releasing Tax Returns

    Malloy, Foley Battle Over Releasing Tax Returns
    It's a battle of the tax returns as both Gov. Dannel P. Malloy and Republican business executive Tom Foley are charging that the other candidate is not revealing enough about his personal finances. The state Democratic Party reissued the charge Sunday...
  • Wells Fargo profit up, but home-loan demand down in 3rd quarter

    Wells Fargo posted higher profit in the third quarter as revenue rose across its business lines, offsetting slumping demand for home loans. The fourth-largest U.S. bank by assets made $5.7 billion in profit in the quarter, up 3 percent from the third...
  • Rollout is slow for FICO's new credit scoring model

    Rollout is slow for FICO's new credit scoring model
    The unveiling of a new FICO credit scoring formula that could make it easier for some consumers to buy a home was heartily greeted by the real estate industry, but potential homebuyers shouldn't count on it just yet. FICO Score 9 is intended to be a...
  • Fannie Mae, Freddie Mac reach deal to ease mortgage lending

    Mortgage financing giants Fannie Mae and Freddie Mac, together with their federal regulator, have drawn up rules aimed at loosening constricted lending standards to make mortgages more affordable and easier to get for those with less than stellar credit....
  • Big banks start earnings season on Tuesday

    The nation's biggest banks are expected to report their latest quarterly results this week, providing a glimpse into how their businesses � and the U.S. economy � are faring. Wells Fargo, JPMorgan Chase & Co. and Citigroup will begin bank-...
  • Why the poor pay sky-high interest rates for trappings of middle-class life

    The love seat and sofa that Jamie Abbott can't quite afford ended up in her double-wide trailer because of the day earlier this year when she and her family walked into a new store called Buddy's. Abbott had no access to credit, no bank account and little...