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Monday Morning Cup of Coffee: 10 commandments for mortgage loan officers
As the Thanksgiving holiday wraps up and the housing industry gears up for the end of the year, these two loan officers from Solano Mortgage published a hysterical piece on the Ten Commandments of applying for a home mortgage. Meanwhile, are you looking at the big picture when you choose to renovate your home? If not, it could cost you.
[Charts] Here are the home price breakdowns in the 10 largest states
As a whole, home prices barely increased, growing 0.1% in September. However, going a little deeper, these charts show what is going on in the 10 largest states.
The missing question in Yellen’s Congress discussion
Federal Reserve Chair Janet Yellen achieved the primary goal of any new Fed chief and avoided any obvious land mines. But what was lacking in the dialogue, both from Yellen and the media, was a serious discussion of what’s next for national economic policy.
Citigroup sued over billions in mortgage debt losses
Top banks are still dealing with the aftermath of the financial crisis. In the most recent court battle, Pacific Investment Management Co and other investors have sued Citigroup over the bank's alleged failure to properly monitor toxic securities backed by more than $13.8 billion in mortgage loans.
It's official: Obama signs bill limiting Fannie, Freddie CEO pay
In what has become a complete and total rebuke of an effort put forth by Federal Housing Finance Agency Director Mel Watt to award $3 million raises to the CEOs of Fannie Mae and Freddie Mac, President Obama signed into a law a bill that caps the salaries of Fannie Mae CEO Timothy Mayopoulos and Freddie Mac CEO Donald Layton.