Obama pressures Congress on mortgage refinance program – Fox News

February 4th, 2012

AFP
Obama pressures Congress on mortgage refinance program
Fox News
The proposal would create a new program through the Federal Housing Administration that would have the government assume the risk for the new mortgages. The president wants to pay for the plan, which is expected to cost $5 billion to $10 billion,
Obama: Push for mortgage reformPolitico (blog)
Obama: Let's fix the housing crisisNew York Daily News
Obama presses Congress on home refinancingUSA TODAY
Detroit Free Press -MyFox Houston -AFP
all 491 news articles »

A Mortgage Tornado Warning, Unheeded – New York Times

February 4th, 2012

New York Times
A Mortgage Tornado Warning, Unheeded
New York Times
YEARS before the housing bust — before all those home loans turned sour and millions of Americans faced foreclosure — a wealthy businessman in Florida set out to blow the whistle on the mortgage game. His name is Nye Lavalle, and he first came to
The New Refinance Programs: will they help the Arizona Economy?Examiner.com
Obama housing chief Edward DeMarco under fire from California Democrats89.3 KPCC

all 23 news articles »

Abandoned mobile home is total loss after fire – WTXL ABC 27

February 4th, 2012
Abandoned mobile home is total loss after fire
WTXL ABC 27
Members of the Tallahassee Fire department tell us a double wide abandoned mobile home caught fire Saturday morning. They tell us it happened at around 3 am on Spring Sink Road in the Woodville area of Tallahassee. Firefighters say neighbors discovered

and more »

Authorities investigate mobile home fire – Jacksonville Daily News

February 4th, 2012
Authorities investigate mobile home fire
Jacksonville Daily News
A fire that destroyed a mobile home in Richlands Friday night is under investigation by the Onslow County Sheriff's Office, according to fire officials. A fire at 178 Beulaville Highway shut down the west bound lane of US 17 for more than 2 hours while
Fire Destroys Mobile HomeWCTI12.com
Family Displaced By FireWITN

all 3 news articles »

Refinancing: Time to Act? – Wall Street Journal

February 4th, 2012

MonitorBankRates.com
Refinancing: Time to Act?
Wall Street Journal
By JESSICA SILVER-GREENBERG Mortgage rates have been hovering at historical lows for months—but some homeowners are waiting for even better deals before they take the plunge and refinance. Associated Press Townhouses in Beaverton, Ore.
Mortgage Rates New Record Low Attracts Attention From Consumers According To PR Web (press release)
Mortgage rate falls to record 3.87 percentChicago Sun-Times
Mortgage Interest Rates Friday February 3, 2011, 15 Year Mortgage Rates at 3.30%MonitorBankRates.com
San Francisco Chronicle -The Independent -Christian Science Monitor
all 363 news articles »

Regulator: Freddie Ceased Mortgage Transactions ‘On Its Own’ – Wall Street Journal (blog)

February 4th, 2012

Daily Mail
Regulator: Freddie Ceased Mortgage Transactions 'On Its Own'
Wall Street Journal (blog)
By Alan Zibel and Nick Timiraos Freddie Mac stopped investing in certain mortgage derivatives last spring amid a weak market for such transactions, the firm's federal regulator said on Friday, as an uproar continued on Capitol Hill about the
Attorney General Martha Coakley tells Fannie Mae and Freddie Mac to reduce Boston.com
DeMarco "Completely Puzzled" Over Derivatives FlapForbes
Coakley urges Fannie, Freddie to do more on foreclosuresBoston Globe
USA TODAY -The Spokesman Review -FlaglerLive.com
all 422 news articles »

Risky Mortgage-Bond Trading Rise May Invite Fed Sale – Fox Business

February 4th, 2012
Risky Mortgage-Bond Trading Rise May Invite Fed Sale
Fox Business
NEW YORK – Trading in the riskiest mortgage-backed securities has more than doubled since the start of the year, encouraging once-shy investors to try to strike deals with motivated sellers, including the Federal Reserve Bank of New York.
Fed Said to Seek Bids for AIG-Tied Mortgage Debt After Approached by BuyerBloomberg
New York Fed weighs fresh securities auctionFinancial Times
NY Fed To Seek Offers For AIG-Tied Mortgage Securities -BloombergNASDAQ

all 13 news articles »

HUD ANNOUNCES ADDITIONAL $31.5 MILLION TO FUND HOUSING FOR VERY LOW-INCOME SENIORS

February 4th, 2012

WASHINGTON – Hundreds of very low-income senior citizens will have access to affordable supportive housing thanks to $31.5 million in housing assistance announced today by the U.S. Department of Housing and Urban Development (HUD). The funding announced today (see attached list) will help non-profit organizations in five states produce additional accessible housing, offer rental assistance, and facilitate supportive services for the elderly.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ALABAMA STORM VICTIMS

February 4th, 2012

WASHINGTON-U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Alabama and provide support to homeowners and low-income renters forced from their homes following severe storms, straight-line winds and flooding last month.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR UTAH STORM VICTIMS

February 4th, 2012

WASHINGTON-U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Utah and provide support to homeowners and low-income renters forced from their homes following severe storms in November and December.