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Time for investors to foreclose on troubled lender Fannie Maeat MarketWatch - 5/8/2008 1:31:00 PMBOSTON -- When Fannie Mae, the government-sponsored mortgage company, announced a larger-than-expected quarterly loss and another planned cut to its dividend this week, the stock immediately had a nice little pop, picking up 9%.
House passes far-reaching housing legislationat MarketWatch - 5/8/2008 12:19:00 PMWASHINGTON -- Despite veto threats, House lawmakers on Thursday passed far-reaching housing legislation in an effort to alleviate problems from a housing market turned sour.
Little pressure on U.S. mortgage rates as housing stays weakat MarketWatch - 5/8/2008 4:56:00 AMMortgage rates remain below their year-ago levels, though most were steady on a weekly basis.
The week's top news and analysis, April 28-May 2at MarketWatch - 5/2/2008 1:45:00 PMIn a week furnished with Buffett bookends, there was no shortage of news, and around that news swirled contradictions, confusion and a continuing come-down in consumer confidence.
Market anomalies skew home-price data, providers agreeMarketWatch - 5/1/2008 1:28:00 PMCommonly cited measures of U.S. home prices are overstating the degree to which the vast majority of Americansâ home values have declined in the last year, producers of two of the most widely tracked indexes acknowledged this week.
Foreclosures squeeze renters too as affordability ebbs: studyat MarketWatch - 4/30/2008 2:11:00 PMThe rise in foreclosures isnât just affecting homeowners, itâs also putting pressure on renters, according to a report released Wednesday by the Joint Center for Housing Studies at Harvard University.
U.S. Feb. OFHEO home prices rise 0.6%at MarketWatch - 4/22/2008 5:42:00 AMWASHINGTON -- U.S. home prices rose 0.6% in February from the prior month, the Office of Federal Housing Enterprise Oversight reported Tuesday.
Markets that missed the boom now sport rising home pricesMarketWatch - 4/21/2008 1:37:00 PMChallenging real estate markets can be found across the U.S. as home prices decline, the volume of sales fall and foreclosures rise. But in some places the biggest challenge has been convincing would-be buyers and sellers that local conditions donât resemble the national trends.
Top lenders' mortgage aid proceduresBankrate.com - 4/17/2008 6:00:00 AMFive of the nation's biggest lenders explain the steps their customers can take to prevent foreclosure.
Mortgage lender woes? Go to the regulatorsBankrate.com - 4/17/2008 6:00:00 AMIn the wake of the subprime crisis, homeowners are reporting problems with their lenders. The FDIC and state regulators can help.
Wealthy Americans see slow housing market as buying opportunityat MarketWatch - 4/15/2008 1:41:00 PMIs now a good time to buy real estate? The size of your paycheck likely will play a big part in how you answer that question.
Home builders discouraged by actual salesat MarketWatch - 4/15/2008 9:52:00 AMU.S. home builders remain discouraged about their industry, but attitudes didn't worsen in April, according to a monthly sentiment index.
No-down-payment mortgages are gone -- but never to return?at MarketWatch - 4/10/2008 1:31:00 PMNo-down-payment mortgages have been scarce lately. But in the past several weeks theyâve become virtually non-existent. And it doesnât appear they will return any time soon.
Adjustable-rate mortgages inch down as fixed rates hold steadyat MarketWatch - 4/10/2008 4:51:00 AMAdjustable-rate mortgages slip lower this week as fixed-rate loans hold steady, Freddie Mac says in its weekly rate survey.
Housing weakness is spreading, will be prolonged: Deutsche Bankat MarketWatch - 4/10/2008 4:22:00 AMOngoing weakness in the market for previously owned U.S. homes is a signal the key spring sales season is off to a poor start and a reminder that softness in residential housing is still spreading, analysts said Thursday.
Index of pending home sales down 1.9% in February: NARat MarketWatch - 4/8/2008 5:40:00 PMIn a sign that the U.S. housing market may weaken further, an index of sales contracts on previously owned homes fell 1.9% in February from the prior month, the National Association of Realtors reported Tuesday.
Britain braces for housing woesat MarketWatch - 4/3/2008 5:18:00 AMU.S. homeowners arenât alone in feeling the pain of a bursting housing bubble.
Bankruptcy could be tool to help homeowners fight foreclosureat MarketWatch - 3/30/2008 9:30:00 AMWASHINGTON -- For many people, filing for bankruptcy is seen as a scary, worst-case scenario, but consumer advocates say this last resort could be a real help for beleaguered homeowners.
Can't sell the house? Consider the tax perks of renting it outMarketWatch - 3/28/2008 10:06:00 AMLOS ANGELES -- With mortgage payments rising and home values falling, what's a homeowner to do? Rent out the home, or get roommates.
Vacation-home sales fall from record high, median price dropsat MarketWatch - 3/28/2008 6:05:00 AMAfter hitting a record in 2006, sales of vacation homes declined last year as would-be buyers held off purchasing retreats, the National Association of Realtors said Friday.