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Rental markets tighten up in Chicago
Lauren Chooljian Aug 13, 2012
Renters trying to find places in hot up-and-coming neighborhoods in Chicago find themselves facing big price increases and stiff competition.
Collective home ownership on the rise
Ann Heppermann Aug 13, 2012
Your friends and you have been through a lot together -- but do you think you can buy a house with them?
CFPB proposes new rules for mortgage servicers
Jeff Horwich Aug 10, 2012
The Consumer Financial Protection Bureau today proposed new rules for the companies that service your mortgage. The proposed reforms seem to mandate a big upgrade in customer service.
A positive sign: Profits for Fannie Mae, Freddie Mac
Adriene Hill Aug 8, 2012
Rising home prices contribute to profits for the bailed-out mortgage lenders. Higher home prices should help the real estate market and homebuyers, too.
Home prices up nationwide
Josh Brown Aug 8, 2012
Why the reason for the jump in home prices and has the housing market really rebounded?
FHFA rejects White House plan for Fannie and Freddie
Amy Scott Aug 1, 2012
A federal housing regulator is rejecting a White House plan to help borrowers who are underwater on their mortgages. That means they owe more than their homes are worth and there are about 11 million people in that category. The Federal Housing Finance Agency said the potential benefits of cutting mortgage balances for those people don't outweigh the costs.
Home prices firm up but lenders stay skittish
Heidi N. Moore Jul 24, 2012
Housing prices continue to firm up, but banks still aren’t confident in the housing or job markets to loan to anyone but the safest borrowers.
Housing construction showing signs of recovery
Josh Brown Jul 18, 2012
Groundbreaking on new homes jumped up last month at the fastest pace in three years. Housing starts were up 6.9 percent from May and 24 percent from a year ago.
Wells Fargo to cut ties with independent brokers
David Gura Jul 13, 2012
After the Justice Department announced a $175 million settlement with Wells Fargo for alleged discrimination against thousands of African American and Hispanic borrowers, the bank looks to cease operations with independent mortgage brokers, whom they blame for the prejudicial lending.
Weekly unemployment dip due to auto industry
Diane Swonk Jul 12, 2012
This morning the Labor Department reported the number of people applying for unemployment benefits fell by 26,000 last week to 350,000, the best number since March of 2008. Analysts point to the auto industry's seasonal production schedule as the source of the weekly dip.
