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Mortgage Industry

Finally, A Housing Rebound?

Builders started construction on more new homes in November than they have during any month for almost two years, according …

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Government Warns: Mortgage Modification Scammers Still Going

We’ve written about scammers offering to help people avoid foreclosure, when really their only goal is to steal money using …

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Foreclosure Filings Spiked in August

Another day, another reminder that the foreclosure crisis is far from over. The number of foreclosures jumped 7 percent in …

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Mortgage Giant Requests Another $7.6 Billion from Taxpayers

Fannie Mae, the government-owned mortgage giant, is asking taxpayers for another $7.8 billion to cover the company’s losses from July …

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Watchdog Unveils Simplified Mortgage Forms

If you’ve ever gotten a mortgage, you know that the forms that came with it are basically impossible to read. …

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Expert: The Double-Dip Housing Recession Has Begun

The number of people falling behind on their mortgages increased over the last quarter for the first time since 2009, …

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Foreclosure Firm Apologizes for "Inappropriate" Costumes

One of New York’s biggest foreclosure law firms has apologized for employee Halloween party costumes that found their way to …

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Report: Underwater Homeowners Pay More in Interest

If your mortgage is higher than the actual value of your home, chances are that you’re paying extra money on …

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Will The President's New Debt Relief Programs Help You?

President Barack Obama has announced two plans to offer relief for borrowers overwhelmed with debt. The first, an expansion of …

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Delaware AG Sues Mortgage Registry

Delaware Attorney General Beau Biden today filed suit against Merscorp, Inc., overseer of a national mortgage database used by banks …

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