Explain Refinancing A Home Links

HUD secretary pitches housing assistance program in Triangle

A day after President Barack Obama proposed a vast expansion of government assistance to homeowners, his housing chief was in the Triangle to promote and explain the program.

Obama Vows to Cut Lender Red Tape Stymieing Homeowner Borrowing: Mortgages

Anthony Andrade was forced to rent the San Antonio, Texas home he planned to buy after Bank of America Corp. (BAC) approved a mortgage and then scuttled three closings over two months with last-minute document requests.

Real Estate & Mortgages Articles

Purchasing a home is one of the biggest investments a person will ever make. See this section for information on mortgage loans, real estate pitfalls and ways to get in and out of the housing market.

ProPublica and NPR on Freddie Mac’s Conflicts

Why haven’t Freddie Mac and Fannie Mae been much more aggressive about refinancing the mortgages they hold? That’s a $50 billion question. ProPublica and NPR have a $3.4 billion possible answer.

David M. Abromowitz: Is There a Wikipedia to Go Dark for Homeowners?

Saying millions of families should wait until the "market clears" is the modern equivalent of "let them eat cake." Clearing the market is an economist's term for letting the tidal wave of foreclosures continue.