underwater

4

Fannie, Freddie to let some underwater homeowners walk away

Feb 1, 2013
Mortgage heavyweights Fannie Mae and Freddie Mac have announced a bailout program for struggling homeowners who are current on their payments. If there's a pressing need to leave their property, they can just walk away.
Posted In: Housing, Fannie Mae, Freddie Mac, underwater, mortgage
6

Phoenix homeowner explains why he didn't just walk away

Jan 28, 2013
A few years ago, 60 percent of Phoenix-area mortgages were underwater. Reporter Peter O'Dowd was one of those homeowners.
Posted In: Housing, Phoenix, mortgage, underwater, underwater mortgage
0

Regulators announce rules to ease pain for underwater homeowners

Aug 22, 2012
Federal regulators announced new rules that should make it easier for underwater homeowners to sell their houses.
Posted In: home, Housing, underwater
0

FHFA rejects White House plan for Fannie and Freddie

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.
Posted In: mortgage, Housing, underwater
0

Getting Personal: To move or not to move

Feb 3, 2012
Tess Vigeland and economics editor Chris Farrell discuss the possibility of more transparency on 401(k) fees. Plus, callers ask questions about supporting retired parents and the pros and cons of uprooting a family for a new job.
Posted In: home, Retirement, Money, Mexico, underwater, House

Buzzworthy

Recent comments on our stories..

zingledot's picture

Attack of the shrimp (prices)

This issue has been going on for some time, actually. Anyone in the restaurant business feels this pain. More than a year ago the price for our...

sgardner's picture

Attack of the shrimp (prices)

 If you’re a shrimp lover you may be wondering why you’re paying more for your favorite shrimp cocktail or Pad Thai. It’s actually a bacterial...

emcolligan's picture

Real estate flippers are back!

I'm glad to see others have commented about the thoughtless reference to a pit bull. The Maryland legislature recently passed and Governor O...

NickMullins's picture

When the coal layoffs trickle down

My great grandfather started in the coal mines of Southwestern Virginia in 1936 during a time when logging companies such as W.M. Ritter were...