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Lorraine Woellert

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Banks forced to pay foreclosure victims as talks continue

NEW YORK - The 14 largest U.S. mortgage servicers must pay back homeowners for losses from foreclosures or loans that were mishandled in the...

U.S. Treasury to grade mortgage servicers on loan modifications

WASHINGTON - The U.S. Treasury Department plans to publicly grade mortgage servicers on how well they respond to homeowners seeking reductions in payments as...

House panel votes to end Obama foreclosure-prevention programs

WASHINGTON - The House Financial Services Committee voted to abolish President Barack Obama’s signature anti-foreclosure program, saying it failed to deliver the promised help...
AS MANY AS 500 homebuyers in Rhode Island could lose their tax credit if Congress fails to push back the deadline for completing paperwork. /

Congress may move housing credit date

WASHINGTON – The U.S. House of Representatives voted Tuesday to give homebuyers who qualified for a federal tax credit more time to settle on...
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