Yahoo! Finance: Mortgage News


Time for investors to foreclose on troubled lender Fannie Mae (at MarketWatch)
Thu, 8 May 2008 17:31:00 Etc/GMT

BOSTON -- When Fannie Mae, the government-sponsored mortgage company, announced a larger-than-expected quarterly loss and another planned cut to its dividend this week, the stock immediately had a nice little pop, picking up 9%.


House passes far-reaching housing legislation (at MarketWatch)
Thu, 8 May 2008 16:19:00 Etc/GMT

WASHINGTON -- Despite veto threats, House lawmakers on Thursday passed far-reaching housing legislation in an effort to alleviate problems from a housing market turned sour.


Little pressure on U.S. mortgage rates as housing stays weak (at MarketWatch)
Thu, 8 May 2008 08:56:00 Etc/GMT

Mortgage rates remain below their year-ago levels, though most were steady on a weekly basis.


The week's top news and analysis, April 28-May 2 (at MarketWatch)
Fri, 2 May 2008 17:45:00 Etc/GMT

In a week furnished with Buffett bookends, there was no shortage of news, and around that news swirled contradictions, confusion and a continuing come-down in consumer confidence.


Market anomalies skew home-price data, providers agree (MarketWatch)
Thu, 1 May 2008 17:28:00 Etc/GMT

Commonly cited measures of U.S. home prices are overstating the degree to which the vast majority of Americans’ home values have declined in the last year, producers of two of the most widely tracked indexes acknowledged this week.


Foreclosures squeeze renters too as affordability ebbs: study (at MarketWatch)
Wed, 30 Apr 2008 18:11:00 Etc/GMT

The rise in foreclosures isn’t just affecting homeowners, it’s also putting pressure on renters, according to a report released Wednesday by the Joint Center for Housing Studies at Harvard University.


U.S. Feb. OFHEO home prices rise 0.6% (at MarketWatch)
Tue, 22 Apr 2008 09:42:00 Etc/GMT

WASHINGTON -- U.S. home prices rose 0.6% in February from the prior month, the Office of Federal Housing Enterprise Oversight reported Tuesday.


Markets that missed the boom now sport rising home prices (MarketWatch)
Mon, 21 Apr 2008 17:37:00 Etc/GMT

Challenging real estate markets can be found across the U.S. as home prices decline, the volume of sales fall and foreclosures rise. But in some places the biggest challenge has been convincing would-be buyers and sellers that local conditions don’t resemble the national trends.


Top lenders' mortgage aid procedures (Bankrate.com)
Thu, 17 Apr 2008 10:00:00 Etc/GMT

Five of the nation's biggest lenders explain the steps their customers can take to prevent foreclosure.


Mortgage lender woes? Go to the regulators (Bankrate.com)
Thu, 17 Apr 2008 10:00:00 Etc/GMT

In the wake of the subprime crisis, homeowners are reporting problems with their lenders. The FDIC and state regulators can help.


Wealthy Americans see slow housing market as buying opportunity (at MarketWatch)
Tue, 15 Apr 2008 17:41:00 Etc/GMT

Is now a good time to buy real estate? The size of your paycheck likely will play a big part in how you answer that question.


Home builders discouraged by actual sales (at MarketWatch)
Tue, 15 Apr 2008 13:52:00 Etc/GMT

U.S. home builders remain discouraged about their industry, but attitudes didn't worsen in April, according to a monthly sentiment index.


No-down-payment mortgages are gone -- but never to return? (at MarketWatch)
Thu, 10 Apr 2008 17:31:00 Etc/GMT

No-down-payment mortgages have been scarce lately. But in the past several weeks they’ve become virtually non-existent. And it doesn’t appear they will return any time soon.


Adjustable-rate mortgages inch down as fixed rates hold steady (at MarketWatch)
Thu, 10 Apr 2008 08:51:00 Etc/GMT

Adjustable-rate mortgages slip lower this week as fixed-rate loans hold steady, Freddie Mac says in its weekly rate survey.


Housing weakness is spreading, will be prolonged: Deutsche Bank (at MarketWatch)
Thu, 10 Apr 2008 08:22:00 Etc/GMT

Ongoing weakness in the market for previously owned U.S. homes is a signal the key spring sales season is off to a poor start and a reminder that softness in residential housing is still spreading, analysts said Thursday.


Index of pending home sales down 1.9% in February: NAR (at MarketWatch)
Tue, 8 Apr 2008 21:40:00 Etc/GMT

In a sign that the U.S. housing market may weaken further, an index of sales contracts on previously owned homes fell 1.9% in February from the prior month, the National Association of Realtors reported Tuesday.


Britain braces for housing woes (at MarketWatch)
Thu, 3 Apr 2008 10:18:00 Etc/GMT

U.S. homeowners aren’t alone in feeling the pain of a bursting housing bubble.


Bankruptcy could be tool to help homeowners fight foreclosure (at MarketWatch)
Sun, 30 Mar 2008 14:30:00 Etc/GMT

WASHINGTON -- For many people, filing for bankruptcy is seen as a scary, worst-case scenario, but consumer advocates say this last resort could be a real help for beleaguered homeowners.


Can't sell the house? Consider the tax perks of renting it out (MarketWatch)
Fri, 28 Mar 2008 15:06:00 Etc/GMT

LOS ANGELES -- With mortgage payments rising and home values falling, what's a homeowner to do? Rent out the home, or get roommates.


Vacation-home sales fall from record high, median price drops (at MarketWatch)
Fri, 28 Mar 2008 11:05:00 Etc/GMT

After hitting a record in 2006, sales of vacation homes declined last year as would-be buyers held off purchasing retreats, the National Association of Realtors said Friday.



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