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Mortgage holders who are delinquent and hold too much debt get a federal break .
Mortgage balances and student loan debt have been on the rise.
Russia is lending cats out to people taking out mortgages because of Russian lore.
A stress test for new mortgages reveals higher chances for a market correction.
…not to mention the Federal Reserve and treasury yields.
There's a financial cost to mortgages that stay at the same interest rate for 30 years, but there are also social benefits.
Lending money for 30 years at a fixed interest rate isn't attractive to banks. So how did 30-year fixed-rate mortgages come to be the standard?
Most banks with legal exposure to the financial crisis are dealing with the lawsuits one-by-one. Not J.P. Morgan Chase.
A jury in Manahattan found Bank of America guilty of a single count of civil fraud related to defective mortgages sold by Countrywide Financial.
The S&P Case Shiller home price index indicates that housing prices continue to recover.