Stories tagged: home loans
SUNDAY, FEB. 19, 2017
Tom Kelly: Despite safeguards, predatory lenders still operating
In the home-mortgage industry, predators historically have jockeyed to the most vulnerable rung of the housing ladder, seeking to “dine and dash” with the least suspecting group of borrowers having …
FRIDAY, DEC. 30, 2016, 10:33 A.M.
Foreclosure prevention program is ending after helping fewer than expected
When the Obama administration announced a massive effort to help distressed homeowners in 2009, it set high expectations. The program, government officials said, would keep up to 4 million borrowers …
THURSDAY, JUNE 23, 2016, 6:08 P.M.
Want to own a home? Say no to student loans
Many Americans have traded a white picket fence for an education. A study released this month by the National Association of Realtors found 71 percent of non-homeowners with students loans …
WEDNESDAY, FEB. 23, 2011
Housing programs hurt U.S.
Not Seattle! Home prices in the “Queen City” of the Northwest were not supposed to go south. This isn’t Miami, Phoenix or Las Vegas, where suntanned speculators built big, borrowed …
SUNDAY, OCT. 24, 2010
Jumbo mortgage now available for seniors with pricey homes
A new jumbo reverse mortgage option has finally surfaced for seniors with higher-value homes who have been seeking to tap more home equity than the federally insured FHA program can …
THURSDAY, AUG. 26, 2010
More homeowners refinancing to get low rates
NEW YORK – Mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades. The Mortgage Bankers Association said Wednesday the gain was fueled …
WEDNESDAY, AUG. 25, 2010
Mortgage modification program working better
BOSTON – Homeowners who had mortgages modified recently are faring better than those who did so earlier in the housing crisis, according to a report released Tuesday, possibly debunking predictions …
FRIDAY, JULY 9, 2010, 12:08 P.M.
Four Wells Fargo Financial stores to close in area
Three Wells Fargo Financial stores in Spokane and one in Coeur d’Alene will close in September as part of a Wells Fargo & Co. restructuring. The company is closing all …
FRIDAY, APRIL 16, 2010, 8:17 A.M.
Senate panel: Lax regulators helped doom WaMu
The chairman of a Senate panel investigating the causes of the financial crisis is blasting federal bank regulators who ignored mounting risk at Washington Mutual and then fought among themselves …
FRIDAY, APRIL 16, 2010
Every step to home loan solution a fight
On Monday, Jim Shafer learned by mail that he had been denied a modification for his home loan. Also on Monday, Jim Shafer learned by phone that he had been …
TUESDAY, APRIL 13, 2010, 11:16 A.M.
Ex-WaMu execs defend bank’s actions before failure
The former CEO of Washington Mutual, the biggest U.S. bank ever to fail, on Tuesday defended the bank’s actions to reduce risks from the looming housing bust.
FRIDAY, MARCH 26, 2010, 7:57 A.M.
Government unveils plan to shrink some home loans
After months of criticism that it hasn’t done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home …