Mortgages
Best financial decision? Paying off mortgage
What’s the best money move you ever made? For many people, it was paying off their mortgage, according to a new Harris Interactive survey. More »
MarketWatch - Thu, Apr 25, 2013 11:23 AM EDTDown Payment Rules Are at Heart of Mortgage Debate
Many lawmakers, lenders and consumer advocates are now cautioning against rules that would require many borrowers to make large down payments. More »
New York Times - Wed, Apr 24, 2013 2:15 PM EDT
Student loan borrowers shy away from buying new homes
By Elvina Nawaguna WASHINGTON (Reuters) - Younger Americans are increasingly struggling with the burden of student loan debt, and appear to be retreating from homeownership and car debt, according to a recently released study. Historically the median age of first home purchases has been about 30 years old, and homeownership rates were significantly higher for 30-year-olds with a history of student debt. That's because this population tends to have higher levels of education and higher income. ... More »
Reuters - Thu, Apr 18, 2013 12:17 PM EDTNew math for home affordability
Looking to buy a home? Figuring out how much house you can afford is about to get more complicated as the housing market emerges from crisis. Right now, market conditions are almost ideal for those who ... More »
Reuters - Thu, Apr 11, 2013 12:55 PM EDTOne Man's Fight Against Foreclosure in Carpentersville
Over the past several years, the 60-year-old president and co-owner of the town's largest employer has bought 193 foreclosed homes. More »
CNNMoney.com - Wed, Apr 3, 2013 10:08 AM EDTHow to Work Through $150,000 in Student Loan Debt
One student tried to explore ways to negotiate more favorable repayment terms for his federal and private student loans. It was more difficult than he expected. More »
Credit.com - Tue, Apr 2, 2013 10:58 AM EDTAre AGNC's Dividends in Danger?
With the continued Fed’s quantitative easing, many expect American Capital Agency (NASDAQ: AGNC) and other mortgage REITs to report net interest rate compressions and dividends cuts at the end of the first ... More »
Motley Fool - Wed, Mar 20, 2013 5:42 PM EDTPNC Names New Mortgage Chief
E. Todd Chamberlain is tapped to lead the company's housing loan business. More »
Motley Fool - Wed, Mar 20, 2013 5:15 PM EDTPNC names Chamberlain to head mortgage unit
The PNC Financial Services Group Inc. on Wednesday appointed E. Todd Chamberlain to run the company's mortgage unit, succeeding Saiyid T. Naqvi, who is retiring.Chamberlain, 51, will be CEO of PNC Mortgage ... More »
AP - Wed, Mar 20, 2013 5:12 PM EDTPNC Names E. Todd Chamberlain To Lead PNC Mortgage
PITTSBURGH, March 20, 2013 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that E. Todd Chamberlain will succeed Saiyid T. Naqvi as chief executive officer of PNC Mortgage. Chamberlain ... More »
PR Newswire - Wed, Mar 20, 2013 4:05 PM EDTKroll Bond Rating Agency Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust …
Kroll Bond Rating Agency assigns preliminary ratings to eight classes of mortgage pass-through certificates from J.P. Morgan Mortgage Trust 2013-1, a jumbo prime RMBS transa More »
Business Wire - Wed, Mar 20, 2013 3:14 PM EDTStern Advice: New math for old mortgages
Wouldn't it be great if you could simply refinance your own high-interest mortgage, without going through a bank or paying closing costs? In a way, you can, says Keith Gumbinger of HSH.com, a Riverdale, ... More »
Reuters - Wed, Mar 20, 2013 2:33 PM EDT
- Are Student Loans Destroying the Economy?
Reuters Recoveries are powered by two things. Houses and cars . And young people aren't buying either. That's the conclusion from a new study out of the New York Fed , via Brad Plumer , that can be easily ...