Mortgage News

Servicing becomes more of a shadow industry : The government, unimpressed by banks' previous handling of troubled mortgage loans, has been pushing banks out of the mortgage-servicing industry.

Housing starts in the Toronto Census Metropolitan Area were trending at 35,934 units in February compared to 36,313 in January according to Canada Mortgage and Housing Corporation .

A service member who has been in the U.S. Army for more than 21 years, he had just arrived in Vigo County with his family - wife, four teenage children, mother-in-law and two dogs - when he learned the home loan he had obtained in Texas was denied.

Five years ago, the United States was in the midst of its worst recession in seven decades, and stocks were feeling it.

Question: I recently had some health issues and the medical bills are more than my insurance can cover.

The New Year signals the universal practice of resolving to break bad habits. Many people focus on health when making resolutions.

The only sure way for the Swiss National Bank to cool the booming Swiss mortgage market is by raising interest rates, the chief of Raiffeisen Switzerland said on Saturday, adding that greater self-regulation by banks would have little effect.

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Gov. Dannel Malloy says he has signed an executive order creating a program that will use $10.8 million federal funding to bring down energy costs for Connecticut residents living in multifamily homes.

Everyone agrees that the winter just now winding down has been brutal for most Americans.

By Beth Dalbey Pontiac, Michigan - How did the death of a woman go unnoticed for five years? The answer appears in part to be that modern technology allowed the woman's life to continue on autopilot - even after she died.

Nick and Dawn LaPolla and their children, Alex, 6, left and Cameron, 10, of Fair Oaks, Calif., talk about the impact of the new health care law on their family.

With its plan to use eminent domain to seize underwater mortgages still in limbo, the city is mulling the possibility of green lighting another program aimed at its troubled housing market.

The Post Office has been heavily criticised this week after it was revealed it will not offer mortgages for properties in the islands - except Skye as it is an island joined to the mainland by road.

Brutal winter weather snarled traffic, cancelled flights and cut power to homes and factories in February.

A former Wall Street investment banker was found guilty Friday of defrauding investment funds established as part of the federal government's response to the 2008 financial crisis.

A New Mexico judge has issued a $3.2 million judgment against Wells Fargo & Co. for foreclosing on a man's home after his death, even though he had a purchased an insurance policy through the bank that would have paid the remaining balance on his mortgage.

Janesville railroad engineer Joe Martin says he received a March statement that should have been sent to a Madison couple.

David Cameron said the Help to Buy mortgage scheme was bringing "peace of mind" to young home owners as he insisted it was not causing damage to the property market.

U.S. employers stepped up hiring in February despite a blast of harsh winter weather, likely renewing hopes that the economy will accelerate this year.