Market shift: HSBC offloads huge REO portfolio to Altisource

How to get a mortgage right now, even with bad credit

HUD, FHA programs abound for those hit by the recession

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility for boomers
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Items Tagged with 'Financial crisis'

ARTICLES

Countrywide’s Mozilo speaks: “We didn’t do anything wrong”

Former CEO fights back against coming lawsuit
Brena Swanson
Six years after the financial crisis and the government is still seeking justice for the financial crisis, targeting Countrywide Financial co-founder Angelo Mozilo. But to Mozilo, he did nothing wrong.
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Why is George Soros staking a huge claim in AIG and Ally?

Bets on AIG, moves out of Visa, MasterCard
Trey Garrison and Brena Swanson
Soros Fund Management is putting a giant stake in the firm that received an $85 billion bailout during the subprime mortgage crisis. A $98.4 million stake to be exact, which makes AIG the second largest investment for one of the world's biggest investors.
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Investors eye non-performing loan securitizations

Interest in delinquent loans is increasing
Brena Swanson
With the housing recovery in full swing, it is now fueling a niche market for newly minted bonds that are backed by the most troubled mortgages of them all: those on homes on the verge of foreclosure.
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Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"
Brena Swanson
Now four years old, Dodd-Frank is struggling to measure up to its original design. But according to the Urban Institute, before disregarding Ddd-Frank as a fail, understand that it is complex and difficult law.
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Freedom Mortgage originations grow despite industry pullback

Smaller lenders steal more market share
Brena Swanson
As bigger players see a contraction in originations, Freedom Mortgage is recording strong growth.
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HOPE NOW assisted 37,000 struggling borrowers in May

Number of helped homeowners reaches 7.05 million
Brena Swanson
HOPE NOW continues to help struggling homeowners, with an estimated 37,000 homeowners receiving permanent, affordable loan modifications from mortgage servicers in May.
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Bank of America could pay $12 billion to settle mortgage claims

Could surpass JPMorgan
Brena Swanson
Bank of America is in talks with the Justice Department to settle the bank’s alleged handling of shoddy mortgages in the runup to the financial crisis.
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Freddie Mac: Three Texas cities dominate housing recovery

Lone Star state shows remarkable strength
Brena Swanson
Compared with the rest of the nation, the Texas housing market is running strong since the financial crisis, and what it did get hit with, it recovered from quickly. And this report shows just that.
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Santander faces pending lawsuit over lending discrimination

Brena Swanson
Years after the financial crisis and reports that banks are deliberately not lending in predominately minority neighborhoods are still trickling in, with the latest being from the city of Providence.
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CFPB: The risky state of older Americans and homeownership?

Older Americans carrying mortgage debt continues to grow
Brena Swanson
Americans age 65 and older wield the highest homeownership rate among all age groups, but this is not necessarily a good thing for one of the vulnerable segments of society.
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