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Tag Archives: mortgage

HUD aims to stop lenders’ discrimination

Last year the U.S. Department of Housing and Urban Development launched an investigation into the lending practices of select mortgage lenders to determine if they committed Fair Housing Act discrimination in denying mortgages to families because a woman is pregnant or about to go on a pregnancy-related leave of absence.

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Risk of foreclosure dips, but remains elevated

NEW YORK CITY — Fewer Americans fell behind on their mortgage payments in the final three months of last year, but foreclosures are still rising. The Mortgage Bankers Association says 8.2 percent of homeowners missed at least one mortgage payment ...

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Mortgage filed February 10, 2011

A document that an owner uses his/her real property title as security for a loan. These documents were recorded by the Monroe County Clerk’s Office and sent to The Daily Record for publication.

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Caught by mistake in the foreclosure web

Christopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled to his front step, a U.S. marshal’s sedan was peeling out of his driveway. Nailed to Marconi’s front door was a foreclosure summons from Wells Fargo ...

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Freddie Mac posts $4.1B loss for Q3

WASHINGTON, D.C. — Government-controlled mortgage buyer Freddie Mac on Wednesday posted a narrower loss of $4.1 billon in the third quarter as it asked for an additional $100 million in federal aid — substantially less than the $1.8 billion it sought in the second quarter.

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