Mortgage Newswire

So what happens when government steps in to revitalize neighborhoods and make more people homeowners? Sometimes neighborhoods are hurt and homeowners go into foreclosure.

A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing.

Only about a third of the homeowners who have successfully completed the trial period of the Obama administration's mortgage modification program have been offered permanent relief, according to new federal data obtained by the Huffington Post.

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Losses attributed to commercial mortgage-backed securities may grow through 2010, according to the latest report from Trepp, a real estate tracking firm, due in part to the reduction in the appraised value of properties with associated loans.

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards.

Late last year, the House of Representatives passed the Wall Street Reform and Consumer Protection Act of 2009, a regulatory reform package aimed at protecting consumers and taxpayers from Wall Street excess, but the Senate has yet to approve its own regulatory reform bill.

A YEAR after the U.S. stock market began its comeback from 12-year lows, investors are looking for the next big thing.

An article by Eugene N. White, a professor of economics at Rutgers University, says that the government is making a major effort to keep those home owners facing foreclosures in homes they can't afford, when the government should let them go back to renting until they can really afford to buy.

Recent analysis shows what we all suspected - the banking crisis could not have happened without regulatory negligence, writes SARAH CAREY MUCH OF the "Why? Why?" opinion on the Government's banking policy underplays the influence of the institutions of the European Union.

March 9, 2010 - Beginning on April 5th, the next big bank bailout to be paid for by taxpayers will launch.

Investment Guru Wilbur Ross was interviewed by Fortune's Katie Benner . Ross made a name for himself by building a lucrative career finding gold in industries left for dead.

A year ago this week the S&P 500 hit its nefarious 666 level. Since that historic day, we have enjoyed a 68% appreciation in equities from their depressionary low.

Revi Last week the stock markets soared when it was announced that the U.S. had lost only 36,000 jobs in February - less than Wall Street economists were predicting.

We found this interesting, a new approach to the US foreclosure crisis. Rather than focusing on trying to keep defaulting owners in their homes, here's a new approach: paying some of them to leave.

Bank of America has a lot of explaining to do. According to a Pittsburgh, Pennsylvania woman, the bank took not only her home but also hung on to her parrot even after proof was offered Bank of America had the wrong house.

Over the past decade, a number of prominent Israeli investors have had their ups and downs investing in New York City real estate.

Last month, we put out a call for stories and photos to help document the effect that "Hard Times Profiteers" are having on distressed borrowers and others suffering financial hardship because of the recession.

Mortgagesa love them or hate them; youa re likely to have a mortgage at some stage of your life.

If you've been reading my blog for some time, live in the Northern Virginia area, or have been contemplating a move here , chances are you know that McLean, Virginia is one expensive community.