Archive for January, 2010
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Under fire for the low number of people receiving long-term mortgage help, the Treasury Department on Thursday announced new guidelines that will require applicants to provide all paperwork before getting a trial modification.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/fuSL9wqU5_k" height="1" width="1"/
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Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/pIwOpIVA2_g" height="1" width="1"/
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New home sales plunged to a 9-month low in December, according to a government report issued Wednesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/LMDJPpulnY0" height="1" width="1"/
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One roadblock slowing Obama's foreclosure prevention program seems to be clearing up. Bank of America, the nation's largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/rahjo8JGPjE" height="1" width="1"/
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Existing home sales fell in December, the month after a federal tax credit was slated to expire, according to a real estate industry report issued Monday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/IBkz4jC5UQc" height="1" width="1"/
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Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama's foreclosure-prevention program.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/3z2nzoHZ3xQ" height="1" width="1"/
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Struggling to pay your FHA mortgage? Now you no longer have to be late with your payments to get help.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/gg0vB-ztMEI" height="1" width="1"/
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Cut loan principal for borrowers whose homes are worth much less than their mortgages. Attack the problem of option adjustable rate mortgages. Cut down on red tape.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/0vSzeyYZ0Vk" height="1" width="1"/
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It's going to be harder to get a government-backed mortgage from now on.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/B_U5l_GIVKg" height="1" width="1"/
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Home construction fell in December, government data showed Wednesday, while the number of building permits issued in the month rose.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/L_RcE8kNQZs" height="1" width="1"/