Housing
142 results total, viewing 101 - 110
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender? more
The Mortgage Conciliation Act signed into law by Gov. Lincoln D. Chafee this month requires banks and lenders to make a good-faith attempt to negotiate with homeowners before foreclosing on homes. more
For one of the least productive congressional sessions in modern history, the final word about tax reform last week was entirely in character: Nothing’s happening. more
Perhaps it was always a longshot that JP Morgan Chase CEO Jamie Dimon would be subpoenaed to Rhode Island to negotiate in court-ordered foreclosure mediation cases. more
It’s a crucial question for many first-time and moderate-income buyers in rebounding markets across the country: Where do we find the lowest down payment, lowest monthly cost loans? The answers are changing. more
The numbers of affected consumers are as yet impossible to predict, but mortgage credit experts warn that the recent massive data breaches at Target, Neiman Marcus and other retailers could have significant side impacts on some real estate transactions in the coming months, as damaged credit files depress scores and jeopardize loan applications and home sales. more
The biggest story in American real estate in 2013 hasn’t gotten the attention it deserves, so let’s shout this out: Homeowners’ net equity holdings soared by $2.2 trillion between the third quarter of 2012 and the third quarter of this year, according to new data collected by the Federal Reserve. more
The Consumer Price Index in the Northeast remained largely unchanged during the 12 months ended in February, according to a report released Tuesday by the U.S. Bureau of Labor Statistics. more
The verdict was nearly unanimous at a recent hearing on Capitol Hill: The new federal “ability to repay” and “qualified mortgage” regulations that took effect Jan. 10 will make obtaining credit tougher, not easier, this year, and potentially force large numbers of credit-worthy homebuyers to defer or cancel their plans. more
BOSTON – Gov. Deval L. Patrick last week announced a new housing compact that creates a goal of providing 10,000 mortgage loans to first-time homebuyers over the next five years. more
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