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Bank repossessions hit 9-month high in November
U.S. home repossessions rose to a nine-month high in November, even as the number of homes starting on the path to foreclosure declined to the lowest ...
Spaniards hope for eviction reprieve amid crisis
Irene Gonzalez is desperately waiting to hear if she'll benefit from an emergency government decree that protects Spaniards such as her from being ...
US consumer borrowing rises to record $2.75T
Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to ...
Rate on US 30-year mortgage ticks up to 3.34 pct.
Average U.S. rates on fixed mortgages ticked up this week just slightly above their record lows, keeping home-buying and refinancing attractive to ...
Short sales outpacing sales of bank-owned homes
Sales of U.S. homes facing foreclosure are on the rise and outpacing sales of bank-owned homes, a reflection of stepped up efforts this year by ...
US pending home sales jump to nearly a 6-year high
An index measuring the number of Americans who signed contracts to buy homes in October jumped to nearly its highest level in almost six years.
Rate on US 30-year mortgage ticks up to 3.32 pct.
Average U.S. rates on fixed mortgages stayed close to record lows this week, a trend that has made home buying more affordable and helped the housing ...
TransUnion: Late auto-loan payments rose in 3Q
More Americans fell behind on their auto-loan payments in the third quarter, when back-to-school shopping and other needs traditionally put a strain ...
GM buying Ally assets in Europe and Latin America
General Motors said Wednesday that it will buy Ally Financial's operations in Europe, China and Latin America as it tries to build a global finance ...
Rate on US 30-year mortgage hits record 3.31 pct.
Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that is boosting home sales and aiding the housing recovery.
5 big US banks have cut mortgage balances by $6.3B
Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $6.3 billion, part of a total $26.1 billion in home loan relief ...
Average US credit card debt per borrower up in 3Q
Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making ...
Spain: Residency for foreigners who buy houses
Looking for a new place to call home? Spain is hoping to give you a little bit more than a welcome basket of baked goods if you decide to move there.
US homebuilder confidence at 6-year high
Confidence among U.S. homebuilders rose this month to its highest level in six and a half years, driven by strong demand for newly built homes and ...
JPMorgan, Credit Suisse paying $417M in SEC case
JPMorgan Chase and Credit Suisse have agreed to pay a combined $417 million to settle federal civil charges that they sold risky mortgage bonds to ...
Spain halts evictions for the needy after suicides
Spain approved a two-year suspension of evictions Thursday for some needy homeowners unable to pay their mortgages, but activists said the government ...
Bernanke: Banks' tight standards hurting economy
Federal Reserve Chairman Ben Bernanke said Thursday that banks' overly tight lending standards may be holding back the U.S. economy by preventing ...
Foreclosure starts down on annual basis in October
U.S. homes are entering the foreclosure process at a slower pace than a year ago, and fewer properties are being repossessed by lenders, new data show
US rate on 30-year mortgage hits record 3.34 pct.
Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that has helped the housing market start to recover this year.
Late-payment rate on mortgages declined in 3Q
U.S. homeowners are doing a better job of keeping up with their mortgage payments, aided by an improving housing market and low interest rates that ...
Spanish banks halt evictions amid growing protests
Spain's major banks agreed on Monday to suspend some evictions of homeowners unable to pay their mortgages after hundreds of thousands of Spaniards ...
Spain's PM seeks end to mortgage arrears evictions
Spain's prime minister says his government aims to fast track reforms to halt evictions related to mortgage non-payments after a woman committed ...
Spanish woman jumps to her death as eviction looms
A woman in Spain jumped to her death as bailiffs approached to evict her Friday from her fourth-floor apartment for failing to pay the mortgage, ...
Fannie, Freddie expand aid to storm-hit homeowners
Fannie Mae and Freddie Mac are expanding their assistance to borrowers whose homes were damaged or destroyed by Superstorm Sandy.
More student loans boost consumer credit $11.4B
Americans took out more student and auto loans in September to boost consumer borrowing to a record level. But they cut back on credit card borrowing, ...