By The Associated Press
Published: May 11,2012
U.S. mortgage giant Fannie Mae made money in the first three months of the year and is not seeking additional federal aid. It’s the first time the company has reported a net income gain since it was taken over by the government during the 2008 financial crisis. Fannie on Wednesday reported that it earned net income attributable [...]
By Mecklenburg Times staff reports
Published: March 29,2012
The Charlotte-area foreclosure rate rose 0.63 percentage points in January from the same month a year ago and was higher than the national rate, Santa Ana, Calif.-based CoreLogic said Tuesday.
By Mecklenburg Times staff reports
Published: March 22,2012
The Federal Housing Finance Agency has ruled that Fannie Mae, Freddie Mac and the Federal Home Loan Banks will no longer be allowed to purchase mortgages on properties saddled with fees that developers insert into covenants for new subdivisions.
By Mecklenburg Times staff reports
Published: March 22,2012
Economists expect home prices to fall 0.7 percent in this year, according to a report Zillow released this week.
By Scott Baughman, staff writer
Published: March 19,2012
It’s been two years since the upfront mortgage insurance premium was lowered. And today, the FHA’s Mutual Mortgage Insurance Fund balance is below 2 percent of what is needed to pay off all the outstanding loans the FHA guarantees.
By The Associated Press
Published: March 19,2012
Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo thanks to delays stemming from foreclosure-abuse claims.
By The Associated Press
Published: March 19,2012
The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows last week, making homebuying and refinancing more attractive to those who can qualify.
By The Associated Press
Published: March 15,2012
The government filed in federal court Monday a $25 billion settlement with the five largest mortgage lenders, putting an official stamp on the landmark agreement over alleged foreclosure abuses.
By The Associated Press
Published: March 12,2012
Government-controlled mortgage giant Freddie Mac has requested just $146 million in additional aid after posting a smaller loss in the fourth quarter of last year.
By The Associated Press
Published: February 23,2012
The housing market recovery hasn't taken off yet, but a rally in its stocks sure has. The Standard & Poor's homebuilders index is up 60 percent since October. Given that stock prices tend to anticipate business trends, does that mean a housing market rebound is imminent during the spring home-selling season?
Sign up today to receive The Mecklenburg Times’ free E-Alerts and be the first to read breaking news.
Sign up or manage your alert.
