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Regulator failed to rein in banks' high-risk lending - AZCentral.comWASHINGTON - When Countrywide Financial felt pressured by federal agencies charged with overseeing it, executives at the giant mortgage lender simply switched regulators in the spring of 2007. The benefits were clear: Countrywide's new regulator, the ...
Ask the Expert, Sara J. Lipowitz: What to do if your mortgage is in ... - Santa Cruz SentinelEvery day, announcements are made about new programs for distressed homeowners or changes to existing ones. Even if you're not in default, if you're spending too much of your income on housing or are experiencing a financial crunch, help may be ...
Banking Regulator Played Advocate Over Enforcer Agency Let Lenders ... - Washington PostWhen Countrywide Financial felt pressured by federal agencies charged with overseeing it, executives at the giant mortgage lender simply switched regulators in the spring of 2007. The benefits were clear: Countrywide's new regulator, the Office of ...
Bank regulator played advocate not enforcer - MSNBCWhen Countrywide Financial felt pressured by federal agencies charged with overseeing it, executives at the giant mortgage lender simply switched regulators in the spring of 2007. The benefits were clear: Countrywide's new regulator, the Office of ...
Loan modification program may give relief to some homeowners - Baltimore SunY ou may have seen headlines about the latest public and private efforts to help financially distressed homeowners cope with their mortgage payments. But you might not have caught key details that could have a personal impact on you or people you ...
Banking Regulator Played Advocate Over Enforcer - Washington PostJames Gilleran, former director of the Office of Thrift Supervision, said the agency's goal is to "allow thrifts to operate with a wide breadth of freedom from regulatory intrusion." (By Michael Springer -- Bloomberg News) When Countrywide Financial ...
A net for at-risk homeowners - Miami HeraldYou may have seen headlines about the latest public and private efforts to help financially distressed homeowners cope with their mortgage payments. But you might not have caught key details that could have an impact on you or people you know -- now ...
S&P: Mortgage Securities Are Safer than Collateral - CFO.comUnder fire from critics who say the rating agencies contributed to the financial crisis by slapping sterling grades on questionable securities, Standard & Poor's Ratings Services has issued a new report contending that Grade AAA securitization paper ...
Efforts expand to help financially distressed homeowners - Los Angeles TimesReporting from Washington -- You may have seen headlines about the latest public and private efforts to help financially distressed homeowners cope with their mortgage payments. But you might not have caught key details that could affect you or ...
Should you keep paying your mortgage? - San Francisco GateIf you have significant equity in your home, absolutely. If you don't, it's getting harder to answer that question, especially when our government keeps giving people who owe more than their homes are worth so many reasons not to pay. Last week, the ...
Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
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