WASHINGTON — Fixed mortgage rates have fallen to historic new lows for a fourth straight week and are likely to fall further. The average on a 30-year fixed mortgage fell to 4.01 percent this week, Freddie Mac said Thursday. That’s ...

Tagged with: economists Economy fannie mae federal reserve freddie mac housing lenders mortgage Real Estate

The Federal Reserve spoke. The markets listened. And mortgage rates took another nosedive. Yes, mortgage rates have moved to another low point after the Fed on Wednesday basically said that the tough economic times are going to stick around for ...

Tagged with: equity federal reserve fha freddie mac lenders mortgages Robert Nusgart

Maryland housing officials say lenders have filed an average of 15,000 intent notices per month against homeowners since January, indicating a new wave of foreclosures may soon hit the state. The disclosure came Thursday after a national report from RealtyTrac ...

Tagged with: disclosure filings foreclosure lenders maryland mortgage payments Real Estate RealtyTrac robo-signing scandal

If you like to gamble, then this was a week especially made for you. With the debt ceiling debate being batted forth from the House of Representative to the Senate, the financial markets have been in a tizzy. Typically, when ...

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LOS ANGELES — The number of homes taken back by lenders in the first half of this year fell 30 percent compared with the same 2010 period, the result of delays in foreclosure processing that threaten to stall a U.S. ...

Tagged with: Banks borrowers Foreclosures homeowners house lenders RealtyTrac

LOS ANGELES — It seemed Maria Campusano’s financial problems were behind her when the mortgage on her Victorian home in a Massachusetts mill town was chopped by hundreds of dollars a month. She soon learned that her troubles had just ...

Tagged with: Bank of America borrowers citi Foreclosures lenders

Fewer people purchased previously occupied homes in May, lowering sales to their weakest point of the year. Home sales sank 3.8 percent last month to a seasonally adjusted annual rate of 4.81 million homes, the National Association of Realtors said ...

Tagged with: borrowers Economy first-time buyers Foreclosures home sales housing market lenders Real Estate sales

A training session to help representatives of the faith-based community better understand foreclosure and financing issues is scheduled in Baltimore. U.S. Rep. Elijah Cummings, a Baltimore Democrat, is scheduled to attend the event on Tuesday. It’s a followup to meetings ...

Tagged with: elijah cummings finance foreclosure Foreclosures lenders Rep. Elijah Cummings

WASHINGTON — The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they’ve done little to help people at risk of losing their homes. The Treasury Department said Thursday that ...

Tagged with: Bank of America Barack Obama foreclosure Government homes JPMorgan Chase & Co. lenders loans mortgage mortgage lenders Real Estate treasury department wells fargo

RICHMOND, Va. — Virginia car title lenders doled out nearly 25,000 loans worth more than $21 million in the last three months of 2010, according to data collected for the first time since the state started regulating the lenders. Car ...

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