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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: homeowners

homeowners stories: 43 news summaries

41 - 43 of 43 Stories | << Prev 1 2 3

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Bush to Unveil Bailout Plan in Mortgage Crisis

Reforms will help families keep
their homes

Aug 31, 07 5:42 AM CDT
(Newser) - President Bush will announce a rescue package for homeowners with subprime mortgages faced with foreclosure. The package will include a call for Congress to give the Federal Housing Administration more power to help borrowers keep their homes—and stricter enforcement of laws against predatory lending, Reuters reports. More »

MORE ABOUT:
Bush administration • Federal Reserve • subprime mortgages • foreclosure • recession • Federal Housing Administration • credit crisis • homeowners • borrowers • George W. Bush

Biggest Buyers Hit Hard in Mortgage Fiasco

‘Jumbo’ loans dry up
as subprime mess continues to spread

Aug 12, 07 11:50 AM CDT
(Newser) - As the subprime mortgage mess spreads to homeowners beyond those with poor credit ratings, jumbo mortgages are under particular pressure, the New York Times reports. An investment banker recently purchasing a $1.5 million home saw the interest rate spike from 8% to 13% in just three days. The rate... More »

MORE ABOUT:
subprime mortgages • mortgage • loans • Freddie Mac • home loans • Fannie Mae • investment bankers • homeowners

Scams Target Delinquent Homeowners

'Equity strippers' deceive borrowers behind on their mortgage payments

Jul 3, 07 5:45 PM CDT
(Newser) - A new form of fraud is thriving in the declining housing market, targeting desperate homeowners who are late on their mortgage payments. Known as equity strippers, companies cold-call burdened borrowers, promising a reprieve from their financial woes. In the end, they profit, and the owners end up losing their  home... More »

MORE ABOUT:
fraud • housing market • homes • foreclosure • mortgage • equity stripper • homeowners • borrowers

41 - 43 of 43 Stories | << Prev 1 2 3


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