Housing continues to be a major drag on the U.S. economy. Many factors prevent this problem from being solved, but a key obstacle has been arguments based on moral hazard. From the outset of this ...

The Wall Street Journal continues to be a great resource for Baby Boomers with it’s Encore section of the paper. Encore is targeted at the 50+ crowd and covers a range of different topics from finance ...

The controversy over President Trump’s proposal for a 50-year mortgage is highlighting deep affordability concerns in the housing market. The president kicked off a debate over housing costs last ...

) -- Even after a massive foreclosure settlement following the "robo-signing" scandal and the implementation of new servicing standards designed to protect borrowers, bank and non-bank mortgage ...

Learn about underwater mortgages, their causes, impact on homeowners, and possible solutions, including refinancing and ...

It’s no secret that government funding for reverse mortgage counseling is a real issue impacting our industry. HUD has set aside $3 million specifically for HECM counseling which goes to support the ...

One in 10 American homeowners fell behind on mortgage payments or were in foreclosure during the third quarter as the world's largest economy shed jobs, and real estate prices tumbled. The share of ...

With my professional milestone of 10 years in the mortgage industry rapidly approaching in February, it’s only natural that I started to reflect on the humble beginnings of my career in mortgage ...

Americans love fixed-rate mortgages, but their fixation on them puts the economy in a fix. That’s a problem for the central bankers who are gathered in Wyoming this week for the annual Jackson Hole ...

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp is working to improve profits by reducing its number of problem mortgages and cutting other expenses, Chief Executive Brian Moynihan told ...

If the appraisal is lower than the cost of the house, there could be a problem. Most lenders won't want to invest in borrowers that are overpaying for assets. It could result in your application being ...