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Economist Zandi said to be candidate for key federal housing post
WASHINGTON -- Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition...
Tags: Finance, Services and Shopping, Real Estate, Citigroup Incorporated, George W. Bush
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Refinance program for underwater borrowers extended two years
A popular government program enabling underwater borrowers who are current on their mortgages to refinance at lower rates will be extended for two more years. The Obama administration's Home Affordable Refinance Program had been scheduled to expire...Tags: Economy, Business and Finance, Finance, Mortgages, Housing and Urban Planning, Freddie Mac
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MarksJarvis: Stock market's rocky ride may not be over yet
Individuals who decided to close their eyes and try to ignore the excruciating losses in 401(k)s and other investments in 2008 and 2009 have to be feeling relieved now. The Standard & Poor's 500 — or the index that is frequently called the...
Tags: Philosophy, Supplemental Nutrition Assistance Program, Homes, Consumers, Religion and Belief
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Hispanic homebuyers a driving force in housing
First-time buyers make the housing wheel go 'round: As they segue from renting to owning, they set off the sequence of move-up purchases that, in theory, will help the overall market get well. These days, Hispanic consumers seem to be pushing that wheel...
Tags: Consumer Confidence, Finance, Services and Shopping, Real Estate, Condos and Houses
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Obama budget projects $943-million bailout for key housing agency
WASHINGTON -- The Obama administration's proposed budget projects the Federal Housing Administration will need a $943-million bailout this year to stabilize its shaky long-term finances. The agency, whose mortgage insurance business increased...
Tags: Federal Housing Administration, Finance, Economy, Business and Finance, Mortgages, American Enterprise Institute
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Regulators follow golden road to Promontory
Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools. No need to worry about her and the so-called revolving door between government and Wall Street, she told the Wall Street Journal on April 2, after...Tags: General Electric Company, Finance, Federal Reserve, Business Institutions, Lobbying
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Ask a real estate pro: Loan modifications to get easier
Sentinel CorrespondentBoard-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here. Q: I heard about a new program in which mortgage companies Fannie Mae and Freddie Mac will do...Tags: Justice System, Services and Shopping, Mortgages, Realty, Freddie Mac
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Buying foreclosures requires patience, and a little more money
It's still possible to buy a foreclosure and make it the home of your dreams. It's just harder these days. Investors, both individuals and national corporations, are rushing into the market with the intent of turning foreclosed properties into cash-...
Tags: Real Estate Buyers, Federal Housing Administration, Finance, Property, Economy, Business and Finance
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Jury acquits Sharpsburg man accused of setting fire to foreclosed home
dona@herald-mail.comA Sharpsburg man accused of setting fire to his foreclosed home was acquitted Wednesday in Washington County Circuit Court of arson after a two-day trial in which several witnesses testified they saw him passed out at a picnic table at about the time...Tags: Justice System, Trials, Witnesses, Lawyers, Prosecution
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Fannie Mae, Freddie Mac to offer streamlined loan modifications
In a push to simplify loan modifications, many borrowers who become 90 days or more past due on mortgages backed by Freddie Mac and Fannie Mae will be offered lowered payments without having to prove hardship, the federal regulator of the home-finance...
Tags: Economy, Business and Finance, Finance, Mortgages, Freddie Mac, Education
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Service-sector growth slowed in March, ISM survey indicates
WASHINGTON -- The service sector's expansion slowed last month from its fastest pace in a year in February, the Institute for Supply Management said Wednesday. The firm's widely watched purchasing managers index was at 54.4 in March, suggesting a 39th...
Tags: Industrial Production
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Survey: Home ownership no longer central to the American dream
Data may show that the housing markets are in recovery, but a lot of people are still asking: “Who really needs to buy a home anyway?” The housing bust has created great skepticism about the traditional equation of homeownership with the...Tags: John D. and Catherine T. MacArthur Foundation, Customs and Tradition, Federal Reserve, Arts and Culture, Rentals
Apr 15, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Mar 31, 2013
|Column| Chicago Tribune
Apr 12, 2013
|Column| Chicago Tribune
Apr 10, 2013
|Story| Los Angeles Times
Apr 8, 2013
|Column| Allentown Morning Call
Apr 4, 2013
|Story| South Florida Sun-Sentinel
Apr 5, 2013
|Column| Chicago Tribune
Apr 3, 2013
|Story| Herald Mail
Mar 27, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Story| Los Angeles Times
Original site for Fannie Mae topic gallery.