(Condos for rent in southern california) No major mortgage reform coming this year
No major mortgage reform coming this year
Homeowners unable to pay monthly mortgage bills and facing foreclosure shouldnt count on help from Washington this year. Regulators and lawmakers seem to be taking a wait-and-see approach as they confront the fallout from several years of lenders making too many home loans to people with inadequate credit.
Make sure you set a price that is grounded on facts.
Mortgage foreclosures rise to record
As the U.S. housing market continues to slog through a hangover from its post-Millennium boom, the latest data on mortgage foreclosures provide fresh evidence that the slow-motion unwinding of the easy-money mania is still underway.
Pending home sales index drops
Pending sales of existing homes dropped by 3.2 percent in April, compared with the previous month, a real-estate trade group said Friday. Wall Street had been anticipating a slight increase.
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