Read more home loans stories on Newserhttp://www.newser.com/taggrid/7892/home-loans.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 4:41:38 CSThttp://www.newser.com/story/66378/dodd-conrad-cleared-but-scolded-in-mortgage-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagChris Dodd and Kent Conrad have been cleared of wrongdoing in taking preferred loans from Countrywide Financial, the Hill reports. But the Senate ethics panel gave both Democrats slaps on the wrist. No “credible evidence” of ethics violations emerged, the committee said in a statement, but two “should have exercised...http://www.newser.com/story/66378/dodd-conrad-cleared-but-scolded-in-mortgage-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 07 Aug 2009 15:45:02 CDThttp://www.newser.com/story/66070/bofa-wells-fargo-rank-worst-for-loan-modifications.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America began modifying just 4% of its loans eligible under the Making Home Affordable Act, according to a Treasury report on big banks' performance, while Wells Fargo started just 6%. JPMorgan Chase led the pack with 20%, Bloomberg reports, while Citigroup had 15%. “Some of the servicers could...http://www.newser.com/story/66070/bofa-wells-fargo-rank-worst-for-loan-modifications.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 04 Aug 2009 11:44:06 CDThttp://www.newser.com/story/53257/naacp-accuses-banks-of-loan-discrimination.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe NAACP is accusing Wells Fargo and HSBC of forcing black people into subprime mortgages while whites with identical qualifications got lower rates. Class-action lawsuits were to be filed against the banks today in federal court in Los Angeles. Similar NAACP lawsuits are pending against a dozen other subprime lenders....http://www.newser.com/story/53257/naacp-accuses-banks-of-loan-discrimination.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 13 Mar 2009 10:49:33 CDThttp://www.newser.com/story/44323/treasury-may-lower-mortgage-rates-to-45.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Treasury may try to bring new mortgage rates down to 4.5%—a full percentage point lower than current rates—to revitalize the housing market, the Wall Street Journal reports. Under the proposal, which is still in the early stages, the department would use Fannie Mae and Freddie Mac...http://www.newser.com/story/44323/treasury-may-lower-mortgage-rates-to-45.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 03 Dec 2008 16:36:56 CSThttp://www.newser.com/story/43790/credit-relief-flows-slowly-when-it-flows-at-all.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith hundreds of billions of dollars pumping into the calcified credit markets, many struggling Americans are expecting to see some relief, but many will be disappointed, the New York Times reports. Banks continue to stiffen loan eligibility requirements even as strapped consumers face deteriorating credit scores, and whole categories of...http://www.newser.com/story/43790/credit-relief-flows-slowly-when-it-flows-at-all.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 27 Nov 2008 10:14:09 CSThttp://www.newser.com/story/32812/these-days-local-banks-look-good.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCommunity banks may seem like quaint relics to those who prefer banking online, but IndyMac's meltdown should have us thinking differently, Ron Lieber writes in the New York Times . Lieber visited a bank in small-town Maryland, and found a friendly, gray-haired manager who gives banking a personal touch. “If you...http://www.newser.com/story/32812/these-days-local-banks-look-good.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 19 Jul 2008 10:35:39 CDThttp://www.newser.com/story/32475/mortgage-insurers-feel-pinch-pull-back-on-loans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMortgage insurers facing mounting defaults are tightening their standards, adding another hurdle for potential homebuyers, the Wall Street Journal reports. Beleaguered and risk-averse banks are making more mortgage applicants apply for insurance, just as insurers are declaring more parts of the country “declining markets.” making insurance harder to obtain. The...http://www.newser.com/story/32475/mortgage-insurers-feel-pinch-pull-back-on-loans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 15 Jul 2008 9:51:11 CDThttp://www.newser.com/story/31335/a-year-on-credit-crisis-lingers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagDespite assurances from some experts that the credit crisis would be short-lived, the forecast remains bleak after more than a year of frustrations, the New York Times reports. In a “vicious circle,” falling home prices lead to more bad loans, which makes credit harder to get so that fewer people...http://www.newser.com/story/31335/a-year-on-credit-crisis-lingers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 01 Jul 2008 7:09:03 CDThttp://www.newser.com/story/29757/obama-vp-vetter-draws-heat-for-iffy-salary-mortgages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe questionable past of the man leading Barack Obama's VP search was a gift to the GOP trying to rough up Obama's image as a squeaky-clean outsider, the Washington Post observes, but it also underscores the difficulty the Democrat faces in broadening his grass-roots campaign to the general-election stage. Obama...http://www.newser.com/story/29757/obama-vp-vetter-draws-heat-for-iffy-salary-mortgages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Jun 2008 11:27:00 CDT