O'Malley To Sign Foreclosure Mediation Bill
O'Malley To Sign Foreclosure Mediation Bill
May 20, 2010 — Associated Press
ANNAPOLIS, Md. (AP) ― Mediation will be required between borrowers facing foreclosure and mortgage lenders under a bill Gov. Martin O'Malley is going to sign.
Delinquent Loans Plateau at High Level
May 20, 2010 — Wall Street Journal
The number of American households behind on mortgage payments appears to have reached a plateau at a high level as the economy recovers, a survey showed Wednesday.
Fed in No Rush to Sell Mortgage Assets, Minutes Show
May 19, 2010 — Bloomberg
Federal Reserve policy makers last month said they were in no rush to sell $1.1 trillion of mortgage-backed securities, with a majority preferring to wait until after the central bank starts raising interest rates.
Demand for home mortgages tumbles
May 20, 2010 — Chicago Tribune
Mortgage applications for home purchases plummeted last week in a worrisome sign that consumer interest may have fizzled with last months' expiration of an $8,000 homebuyer tax credit.
4 markets where prices will fall hardest
May 20, 2010 — Inman News
National home prices were up 1.7 percent in March when compared to a year ago, but will probably give back some of those gains in the year ahead with the expiration of the federal homebuyer tax credit, data aggregator CoreLogic said in releasing its latest home-price index.