Feb 28th 2011 4:00PM
A mortgages calculator is a popular way for many homebuyers to figure out which lending deal works out the best for their needs. But until the federal government fine-tuned Regulation Z, better known as the Truth in Lending Act, borrowers weren't necessarily getting all the information they needed to make an accurate... Continue Reading »
Aug 31st 2010 3:39PM
Was the financial crisis caused by "systemic failure" or mortgage fraud? Or a combination of the two? And why are so many American homeowners still paying the price? When Travis Paules worked as a branch manager for American General Finance in Pennsylvania in the late 1990s, he tried to do things by the book. He didn't... Continue Reading »
Jan 7th 2010 1:10PM
Give the Federal Reserve some credit. Not only is it (for now) propping up a broken mortgage finance system with a trillion-dollar-plus commitment to buy mortgage-backed securities from Fannie Mae, Freddie Mac, and Ginnie Mae, the Fed is also combing through its regulations to fix glaring vulnerabilities, so the current... Continue Reading »
