MORTGAGE

Home Sale

Home Prices Hit New Lows in Feb: S&P/Case-Shiller

The American market for single-family homes fell to new lows in February, but prices declined at a slower rate compared to the previous month, a private report showed Tuesday, as the housing market continues to struggle.
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Mortgage rates fell in mid-April.

Mortgage Rates Fall On Poor Job Growth: Bankrate.com Report

Mortgage rates fell this week over disappointing March job growth numbers, uncertainty about the ongoing debt crisis in Europe, and slower projected growth in corporate earnings, Bankrate.com reported Thursday in its weekly national survey.
AIG

AIG Returns To U.S. Real Estate Investment

American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.
Mortgage rates have bounced off at 26-year historic low in the week of Feb. 22, 2012.

U.S. Mortgage Applications Drop 2.4%: MBA

U.S. mortgage applications dropped 2.4 percent on a seasonally adjusted basis in the week ended April 6, compared to the prior week, the Mortgage Bankers Association said Wednesday.
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NY pushes objection to BofA $8.5 billion mortgage pact

Bank of America Corp's proposed $8.5 billion mortgage bond settlement received fresh opposition on Tuesday from New York's attorney general, who said the accord appears unfair to investors who may deserve to recover more.
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Housing secretary pushes mortgage write-downs

The Obama administration wants Fannie Mae and Freddie Mac, which finance the bulk of U.S. mortgages, to start reducing loan balances for troubled borrowers, but with safeguards to prevent them from purposely defaulting to obtain relief.
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Federal Judge Approves $25B Mortgage Pact

A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.
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Federal judge approves $25 billion mortgage pact

A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.
Newt Gingrich

Gingrich Consulting Firm Files For Bankruptcy

The Gingrich Group LLC, a consulting firm whose work repeatedly ensnared Newt Gingrich's presidential campaign in controversy, has filed for Chapter 7 Bankruptcy, the Atlanta Business Chronicle reported.
File photo shows the headquarters of mortgage lender Freddie Mac in McLean

U.S. Mortgage Rates Edge Down To 3.98%: Freddie Mac

U.S. 30-year fixed-rate mortgages declined slightly to 3.98 percent in the week ending April 5 as recent economic indicators were mixed, mortgage finance giant Freddie Mac said Thursday.
Nadya Suleman

Nadya Suleman: Angry Octomom After Posing Nude Says 'I've Never Sacrificed My Morals And Values'

Two days after most of the media houses published Nadiya Suleman's almost-nude pictures, criticizing the mother of 14 for bragging about her body and seeking media attention, a rather annoyed Suleman has spoken to media again. This time, justifying her stand. Suleman, who has an Iraqi American father, gained media attention after giving birth to octuplets in January 2009. Soon after the birth of her octuplets, Suleman did not take time to bounce back to shape and was offered $1 million to wor...

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