Bank of America to reduce loans for homeowners

NEW YORK – March 12, 2012 – Bank of America is providing mortgage relief to about 200,000 homeowners. Homeowners t...

Six questions to ask when shopping for homeowners insurance

NEW YORK – Feb. 21, 2012 – Homeowners should work with experts to determine the type of homeowners insurance they...

Banks offer more cash incentives for short sales

ATLANTA – Feb. 15, 2012 – More banks are offering homeowners incentives to sell their houses in a short sale...

Consumer-finance watchdog eyes credit scores

WASHINGTON – Feb 17, 2012 – The nation’s new cop on the consumer-finance beat is zeroing in on debt collectors...

New fed agency to simplify lending paperwork

WASHINGTON – Feb. 14, 2012 – The government’s new consumer watchdog on Monday outlined the first steps of its pla...

Foreclosure settlement: Fla. to get $8.4 billion

TALLAHASSEE, Fla. – Feb. 10, 2012 – Florida homeowners and foreclosure victims will receive almost one-third of the...

States, banks reach foreclosure-abuse settlement

WASHINGTON (AP) – Feb. 9, 2012 – U.S. states have reached a $25 billion deal with the nation’s biggest mortgage...

Key states move closer to foreclosure-abuse deal

WASHINGTON – Feb. 7, 2012 – California and New York, the key holdouts in a long-awaited settlement over foreclosure...

Fannie Mae gains more short-sale authority

WASHINGTON – Feb. 6, 2012 – Five mortgage insurers have granted Fannie Mae mortgage servicers the authority to comp...

Short sale sellers need to close in 2012

WASHINGTON – Feb. 3, 2012 – If a bank writes off debt in a short sale, it’s a “taxable event,”...

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