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By Prashant Gopal, Bloomberg |
May 23, 2013
About 22 million Americans may lack enough home equity to move, keeping property listings tight and limiting sales as the housing market recovers, Zillow Inc. said.
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By John Gittelsohn, Bloomberg |
May 6, 2013
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened.
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By Kathleen M. Howley, Bloomberg |
February 28, 2013
U.S. spending cuts scheduled to kick in tomorrow will constrain the availability of Federal Housing Administration mortgages that account for about a quarter of originations, threatening its role in the year-long housing recovery.
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By Heather Perlberg and Dakin Campbell, Bloomberg |
January 22, 2013
Mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery.
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By Donal Griffin and Jesse Hamilton, Bloomberg |
January 16, 2013
Goldman Sachs Group Inc. and Morgan Stanley agreed to offer a $557 million package of cash and other assistance for mortgage borrowers to settle a federal probe into allegations that the banks improperly seized homes.
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By Zachary Tracer, Bloomberg |
January 7, 2013
Bank of America Corp., the second-biggest U.S. lender by assets, agreed to pay Fannie Mae $3.6 billion to resolve home-loan repurchase claims.
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By Andrew Dunn, Bloomberg |
October 24, 2012
Bank of America Corp. was sued by the U.S. attorney in Manhattan for allegedly engaging in a scheme to defraud Fannie Mae and Freddie Mac.
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By Clea Benson, Bloomberg |
September 11, 2012
The U.S. overseer of Fannie Mae and Freddie Mac ... laid out new rules designed to spur lending and ease the housing crunch.
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By Alex Kowalski, Bloomberg |
August 28, 2012
Confidence among U.S. consumers fell in August by the most in 10 months as households grew more pessimistic about their employment prospects and the economic outlook.
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By Toni Hansen |
August 24, 2012
Next week will be a busy one with economic reports and speeches coming throughout the week. Of particular importance will be the Fed's Beige Book and Jackson Hole speech.
