ALBANY, N.Y. (AP) — New York and California have agreed to sign the proposed settlement between U.S. states and the nation’s biggest mortgage lenders over foreclosure abuses, according to a source close to the negotiations. SEE ALSO: NYPD Chief’s Son Won’t Face Rape Charges Bank of America, JPMorgan Chase, Wells Fargo, Citibank and Ally Financial […]
WASHINGTON — Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year’s – the worst in half a century. RELATED: 10 Top Markets For Bargain Hunters The […]
Borrowers whose credit scores fall below standards are finding it easier to access a home loan, as lenders are once again welcoming subprime markets. Not since the financial crisis have lenders been willing to invest in buyers with questionable credit. According to reports, a number of private firms are becoming increasingly willing to accept alternative […]
