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Finance, Economy & Government Issues Archive


HUD Charges Conn. Landlord with Violating the Fair Housing Act

RISMEDIA, July 9, 2007—The U.S. Department of Housing and Urban Development announced that it has charged Mahmoud Hussein, a landlord in Windsor Locks, Conn., with violating the Fair Housing Act by refusing to renew the lease of a woman whose disabled child needs a service animal. ...


Bankrate: No Fireworks in Mortgage Rates this Week

RISMEDIA, July 6, 2007—Mortgage rates remained calm, with the average 30-year fixed mortgage rate holding at 6.74%. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.25 discount and origination points. ...


U.S. Mortgage Rates Down for Second Week

By Amy Hoak, MarketWatch ...


Regional Spotlight: Is There a Solution for Foreclosures? Credit Unions Say Yes

RISMEDIA, July 2, 2007?As the number of foreclosures continue to rise at alarming rates, Wisconsin credit unions hope that this trend makes prospective homeowners think twice before closing on a home loan. ...


Commentary: Subprime Mortgage Crisis Could Spread to Other Homeowners

By Andrew Jakabovics ...


Mortgage Morass: Subprime Market Needs More Rules, Consumer Advocates Say

By Ruth Mantell ...


Accounting for Bad Lenders: Mortgage Brokers Chafe Over States’ Regulatory Plans

By Lew Sichelman ...


Consumer-confidence Index at 10-Month Low

By Rex Nutting ...


Fidelity National Title Group to Curb Mortgage Fraud Through New Partnership

RISMEDIA, June 27, 2007--Fidelity National Title Group has announced a new product offering that will help its customers protect against mortgage fraud. The new partnership with Experian Consumer Direct(SM) will offer customers one year of credit monitoring, fraud resolution assistance and a credit report at no cost. ...


U.S Conference of Mayors Pass Resolution Supporting Down Payment Assistance Programs

RISMEDIA, June 27, 2007--The U.S. Conference of Mayors (USCM) has passed a resolution in support of privately-funded down payment assistance programs, a method of home buying which has helped hundreds of thousands of low-to moderate income families live the American dream; in addition, the USCM calls on Congress to fight ...


High Court Rules for NAHB in Clean Water Permit Case

RISMEDIA, June 27, 2007--The U.S. Supreme Court has ruled in favor of regulatory balance -- and environmental stewardship -- in a five to four decision regarding home builders' consultation requirements under the Endangered Species Act. ...


Back to the Nest: Graduates Live at Home — and Save

By The Wall Street Journal ...


Foreclosure Activity Increases 19 Percent in May

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LendingTree Forecast: Chief Economist Predicts a Rate Pause

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Online Consumer Trends: Positioning Yourself for Success

By Bill Miles ...