Stories tagged: mortgage crisis
UPDATED: THURSDAY, FEB. 9, 2012, 7:56 A.M.
Mortgage abuse settlement will direct $750 million to Northwest homeowners
U.S. states have reached a $25 billion deal with the nation’s biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. Federal and state officials announced the …
TUESDAY, JAN. 31, 2012, 12:57 P.M.
Freddie Mac bets against American homeowners
Freddie Mac, the taxpayer-owned mortgage giant, has placed multibillion-dollar bets that payoff if homeowners stay trapped in expensive mortgages with interest rates well above current rates.