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Money is already tight at The Wilshire Condominium, and new lending rules threaten to make life even more difficult for it and other condos across the country. ...more
March 21, 2009
The default rate for mortgages recently insured by the Federal Housing Administration has been climbing, an alarming trend for an agency that is playing a vastly expanded role in the mortgage market and backing roughly a quarter of all the loans made last year. ...more
January 26, 2009
Rates on 30-year-fixed mortgages dropped this week to their lowest levels in at least 37 years, as the Federal Reserve pledged to pour money into the mortgage market in an effort to spur the moribund U.S. housing market. ...more
December 19, 2008
Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. ...more
November 20, 2008
WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...more
November 11, 2008
Buoyed by improved affordability, existing single-family home sales in Hernando County rose in September. ...more
November 2, 2008
JPMorgan Chase said today it plans to lay off 300 people from its Seffner Treasury and Securities Services campus and shift the work to offices in the Philippines and India. ...more
October 25, 2008
JPMorgan Chase said Friday it plans to lay off 300 people from its Seffner Treasury and Securities Services campus and shift the work to offices in the Philippines and India. ...more
October 25, 2008
WASHINGTON - A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday. ...more
September 29, 2008
Consumers shopping for a loan have yet to see much benefit from the government takeover of Fannie Mae and Freddie Mac almost three weeks ago, but the new chief executive officers of the mortgage finance companies planned to tell lawmakers Thursday that they are working to stabilize the housing market. ...more
September 26, 2008
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