Topic: Housing

Barely two weeks into a new government program that allows severely underwater borrowers with loans backed by Fannie Mae and Freddie Mac to refinance their loans to lower rates, the numbers are surging.   Read More

If your long-term plan is to keep working, investing and living where you are until the day you retire, and then change your lifestyle and financial life, you are practicing what I call “cliff living”—living one way until you abruptly leave the world of work, then leaping to a whole new level of life and finances.    Read More

There's been a lot of talk recently about home prices reaching a bottom. But not everyone is convinced.   Read More

Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday.    Read More

Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday.    Read More

Attorneys general from more than 40 states have signed on to a proposed settlement agreement with five of the nation's largest mortgage servicers over “robo-signing” foreclosure processing abuses, according to the lead negotiator, Iowa Attorney General Tom Miller.   Read More

A potential $25 billion settlement between the nation’s four largest banks and the 50 state attorneys general over faulty foreclosure processing is imminent.    Read More

With Friday’s strong employment and manufacturing numbers, the most obvious question (to me, at least!): How did the Fed get it so wrong?    Read More

Former FDIC Chair Sheila Bair said Thursday she believed Europe was heading into a recession, but she sounded confident about U.S. banks.    Read More

While homeownership may be a tenet of the “American Dream,” renting is today’s actuality for a growing number of Americans.   Read More