Mortgages

The Mortgage Debt Relief Act (MDRA) of 2007 is getting a vote of confidence from the Obama Administration. And that could save you tens of thousands of dollars. The administration's

The average interest rate on 30-year fixed rate mortgages (FRMs) has remained at the record low of 3.87 percent since the first week of February, below 4 percent

California's $18 billion cut of the $25 billion national mortgage settlement beats a zero, but it's too small to change the landscape of the Golden State's housing crisis. The

That landmark $25 billion civil settlement against five mortgage servicers charged with institutionalized foreclosure abuse? It also comes with a hefty $766.5 million fine. What's more, the fines won't

Federal and state agencies today announced a landmark $25 billion civil settlement against mortgage lenders after a year-long investigation into an institutionalized culture of foreclosure abuse. The settlement, over

The average interest rate on 30-year fixed rate mortgages (FRMs) remained at the record low of 3.87 percent, with an average 0.8 point for the week ending Feb.

JANICE ROMBECK - A seriously ill South San Jose woman who recently was evicted from her home of 41 years by Wells Fargo Bank is receiving support from

Another week of news about record low mortgage rates largely fell on deaf ears for consumers who can't meet strict mortgage underwriting requirements to buy a home or

The new Home Affordable Refinance Program (HARP) spreads a wider net for struggling homeowners previously unable to take advantage of the federal program. With refinancing rates at record lows,

It may not be the end of the world, but in 2012, when the Mortgage Debt Relief Act (MDRA) of 2007 expires, it will end one of the

This four-part video series offers a step-by-step approach to a mortgage modification. The series offers a look at the host of documents you'll have to complete, need-to-know background

It may be impossible to reach every struggling homeowner, but the Obama Administration's upgrades to Making Home Affordable programs should increase the number of homeowners who need help. For

Year-end housing gains helped boost interest rates this week. The average interest rate on 30-year fixed rate mortgages (FRMs)rose to 3.98 percent, with an average 0.7 point for the

President Barack Obama heavily laced his 2012 State of the Union Address with comments about solutions for the nation's economic malaise, but he gave housing the short shrift. Housing

The five largest U.S. mortgage lenders have offered a $25 billion settlement proposal that could make it easier for some struggling homeowners to avoid foreclosure and have their

CENTER FOR RESPONSIBLE LENDING - As federal regulators consider setting down-payment standards on new mortgages, a new study shows such rules could push 60 percent of creditworthy borrowers

JOY BENDER - San Diego short sale real estate agent Joy Bender has launched a campaign to educate high-end homeowners on the alternatives to strategic default. A strategic default

The eighth record-low week of mortgage rates in a year doesn't amount to a hill of beans in the land of high unemployment, tight lending standards and weak

Remember back in 2009, at the height of the housing bust, when the U.S. Treasury suggested lenders offer modifications with interest rates as low as 2 percent? We do. The