Jan 7, 2013 In a costly day of legal settlements, 10 banks agree to pay $8.5 billion to four million homeowners for mishandling their foreclosures.
Jan 4, 2013 Jumbo mortgages, too large to be backed by Fannie Mae or Freddie Mac, were hard to come by after the financial crisis. But in expensive real-estate markets like San Francisco, they're coming back.
Jan 3, 2013 Marketplace Economics Correspondent Chris Farrell says there is one bright economic spot to look forward to in the coming year: the housing market.
Dec 26, 2012 The Wall Street Journal is reporting that the Obama administration is eying new relief for underwater homeowners. Who stands to gain from the program?
Dec 10, 2012 A government watchdog released a report this morning that scrutinizes the pay of senior staffers at Freddie Mac and Fannie Mae. The report is from the inspector general of the Federal Housing Finance Agency, which oversees Fannie and Freddie.
Nov 23, 2012 The national foreclosure rate increased by more than 3 percent in October compared to the previous month. Some groups across the country are trying to change that by buying underwater mortgages and keeping families in their homes.
Nov 23, 2012 Some analysts believe home buyers' willingness to take out mortgages might be running ahead of banks' willingness to lend to them. But there are likely other factors at play.
Shereen Marisol Meraji
Nov 26, 2012 The Federal Housing Administration's annual report is due out this week, and there's concern that the agency, which insures more than a trillion dollars in mortgages, is in big financial trouble.
Nov 14, 2012 Costco hopes getting a mortgage through the big box retailer will bring more customers into the store for the things they'll need to furnish those homes.