Housing Market
Homebuilder sentiment unchanged in February
NEW YORK (Reuters) - U.S. home-builder sentiment was unchanged in February, stuck at a low level for the fourth month in a row as the housing market struggles to recover from its collapse, a survey released on Tuesday showed.
Fannie, Freddie U.S. bailout to peak at $169 billion
WASHINGTON (Reuters) - The White House expects taxpayer aid for Fannie Mae and Freddie Mac to peak at $169 billion late next year before beginning a gradual process of shrinking to less than half that amount over the next decade.
Obama launches housing overhaul plan, long road ahead
WASHINGTON (Reuters) - The Obama administration nailed a 'condemned' sign on the wrecked U.S. housing finance system on Friday but did not offer a clear blueprint for a rebuilding project that promises to take years.
Fed's Sarah Raskin warns on mortgage servicing
PARK CITY, Utah (Reuters) - A top Federal Reserve official on Friday warned mortgage servicing industry executives they could face enforcement actions and that they shoulder some of the blame for a sluggish economic recovery.
White House's unwritten mortgage memo: Act now
WASHINGTON (Reuters) - The Obama Administration's newly unveiled housing finance plan may have clouded the picture for policymakers, lenders and bond buyers, but it made the future for borrowers starkly clear: It's going to cost more to get a home loan.
Mortgage insurers rally on Obama's housing overhaul plan
(Reuters) - Shares of U.S. mortgage insurers rallied on Friday after the Obama administration proposed reforms to revamp the ailing mortgage market that will give private mortgage players a bigger role in the housing market.
Geithner: U.S. to move gradually on mortgage reform
NEW YORK (Reuters) - The U.S. will move gradually to reform the mortgage finance system and Congress needs to act within two years, Treasury Secretary Timothy Geithner said on Friday.
U.S. home foreclosures rise in January
NEW YORK (Reuters) - U.S. home foreclosures jumped 12 percent last month, but the sharp divide between states suggests the industry remains backlogged by investigations into the foreclosure process.
U.S. mortgage rates at 10-month high, proposals loom
NEW YORK (Reuters) - A jump in U.S. mortgage rates to their highest level in 10 months has highlighted the fragility of the housing market that will make it difficult for Washington to remove its backstop.
Analysis: Falling rental vacancies seen stoking core CPI
WASHINGTON (Reuters) - Growing demand for rental properties as the economy strengthens is set to lift underlying U.S. inflation gauges, but it will still be a while before the Federal Reserve starts tightening monetary policy.
Special Report
Flipping, flopping and mortgage scams
When a boarded-up house with no front door sold for $355,000, Emilio Carrasquillo knew something was up. In fact, he knows firsthand that the tsunami of foreclosures is making classic scams easier. In this special report, Reuters investigates mortgage fraud and its cost to taxpayers. Full Article | Video
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
