Mortgage Newswire

Record low levels of demand continue to haunt the U.S. housing market with July pending home sales re-confirming previous crash-level readings.

The Wall Street Journal reports: The Obama administration on Tuesday will launch its most ambitious effort at reducing mortgage balances for homeowners who owe more than their homes are worth.

Patrick Lowry recently suggested, in an editorial titled, "Restoring Confidence," "Is the tea party craze actually a populist movement? Or is it a cleverly orchestrated and well-funded plan to swing the balance of power away from existing governmental structures and back to corporate interests weary of regulations that impede profit-seeking?" The ...

Is it only a matter of time before Manny Ramirez conducts a news conference in pig Latin? If there's a God, the Miami Heat won't win and Manny Ramirez won't retire until he runs the bases backward or announces he's pregnant.

You can't force someone to buy a house. But as a society we've long tried to make homeownership an offer you couldn't refuse.

"A report released this summer by the Joint Center for Housing Studies of Harvard University said that about one in eight homeowners had household debt that exceeded half their monthly income in 2008, the year reviewed in the study.

"Foreclosed homes, also known as real estate owned by banks, or REOs, and short sales were not so prominent just five years ago.

Thilo Sarrazin's verbal assault on Arabs, Turks, and Muslims prompted my letter.

"Earlier this year the complex's owners, Tishman Speyer and Blackrock Realty, turned it over to creditors after running out of cash.

"With the seeming desperation of home sellers, and the continued drop in mortgage rates, buyers are in a very good position.

The founder of MBNA credit card bank, Cawley was a larger-than-life figure whose generosity and easy spending was champagne in a state reeling from the downsizing of the DuPont Co.

Have fun being underwater, people . Throughout the foreclosure crisis, the state agencies continued to make loans with low down payments, often to borrowers with tarnished credit, with much lower default rates than comparable mortgages from commercial lenders or the Federal Housing Administration.

"A year and a half after it began, the federal government's loan-modification program is helping fewer homeowners facing foreclosure than hoped." Note: Comments may take a few minutes to show up on this page.

It is impossible to cut wages and prices by 30pc without major riots,a he said, speaking at the elite European House Ambrosetti forum at Lake Como.

According to GuruFocus Insider Data , these are the largest CFO buys during the past week.

Making Social Security less generous isn't the answer, by Ezra Klein, Commentary, Washington Post : ...Raising the Social Security retirement age has become as close to a consensus position as exists in American politics.

September is the cruelest month for investors. Just as some kids dread the return of the school bell, Wall Street's return from summer vacation usually is not a time for shareholders to celebrate.

This Labor Day , America seems to be holding its breath, trying to decide what kind of society it wants to be.

Experian has announced the launch of ProtectMyID, a new service specifically aimed at protecting consumers against the growing threat of ID fraud.

Lakhdar Moussi, a speaker at the marcus evans Middle East Investments Summit 2010, discusses why a private pension and savings initiative is necessary in the region.