Clea Benson
Mortgage lending to minorities declines to 14-year low in U.S.
WASHINGTON - The share of mortgage lending to minority borrowers fell to at least a 14-year low as U.S. regulators struggle to ease credit...
U.S. banks have provided $26.1B under foreclosure accord
WASHINGTON - The five largest U.S. mortgage servicers have provided about $26.1 billion for borrowers so far under a $25 billion settlement over abusive...
Backtracking lawmakers expand U.S. government role in mortgages
WASHINGTON - Washington lawmakers, who began 2011 with sweeping plans to shrink the U.S. government’s role in mortgage finance, are heading into 2012 after...
U.S. struggles as biggest seller of homes in buyers’ market
WASHINGTON - For sale or rent by motivated owner: 248,000 foreclosed homes.
The U.S. government, which has become the nation’s biggest owner of residential properties,...
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