Mar 13, 2012
More Details Emerge in $25B Mortgage Deal The government vows to closely monitor that the nation’s five largest banks fulfill the aid to home owners outlined in a $25 billion mortgage settlement over foreclosure allegations....
Mar 12, 2012
BofA to Reduce Mortgages of Some Underwater Borrowers Bank of America announced that it will trim up to $100,000 off the mortgage principal of about 200,000 home owners. The bank’s principal reductions are part of the $26 billion foreclosure settlement between five...
Mar 9, 2012
What Do Americans Want Most Once Finances Improve? Fifty-one percent of Americans in a recent poll say that if their financial situation were to improve, they’d buy a home. Coming in second on the list of wishes, they’d make repairs or improvements to the home they...
Mar 8, 2012
Americans More Optimistic About Housing, Economy Americans’ concerns over housing and the economy are subsiding, according to Fannie Mae’s National Housing Survey from February. ____________________________________________________________________________________ 5...
Mar 7, 2012
Housing Affordability Soars to Record High Low mortgage rates and falling home values have brought housing within reach to more families than ever before, according to the latest National Association of REALTORS® housing affordability index....