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Jury acquits Sharpsburg man accused of setting fire to foreclosed home
dona@herald-mail.comA Sharpsburg man accused of setting fire to his foreclosed home was acquitted Wednesday in Washington County Circuit Court of arson after a two-day trial in which several witnesses testified they saw him passed out at a picnic table at about the time...Tags: Arson, Trials, Lawyers, Witnesses, Crime, Law and Justice
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Gansler wants new Fannie, Freddie leadership
The Baltimore SunMaryland Attorney General Douglas F. Gansler and nine other attorneys general sent a letter Monday to President Obama and the U.S. Senate’s leaders demanding new management at the government entity that oversees Fannie Mae and Freddie Mac. The...Tags: U.S. Senate, Douglas F. Gansler, Freddie Mac, Barack Obama
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Service-sector growth slowed in March, ISM survey indicates
WASHINGTON -- The service sector's expansion slowed last month from its fastest pace in a year in February, the Institute for Supply Management said Wednesday. The firm's widely watched purchasing managers index was at 54.4 in March, suggesting a 39th...
Tags: Industrial Production
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Survey: Home ownership no longer central to the American dream
Data may show that the housing markets are in recovery, but a lot of people are still asking: “Who really needs to buy a home anyway?” The housing bust has created great skepticism about the traditional equation of homeownership with the...Tags: Customs and Tradition, Federal Reserve, Arts and Culture, Rentals, John D. and Catherine T. MacArthur Foundation
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Rescued Fannie Mae posts record profit as housing market rebounds
WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom. The housing finance...
Tags: Countrywide Financial Corp., Economy, Business and Finance, Finance, Bank of America Corp., Mortgages
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MarksJarvis: Stock market's rocky ride may not be over yet
Individuals who decided to close their eyes and try to ignore the excruciating losses in 401(k)s and other investments in 2008 and 2009 have to be feeling relieved now. The Standard & Poor's 500 — or the index that is frequently called the...
Tags: Supplemental Nutrition Assistance Program, Religion and Belief, Homes, Stock Market, Consumers
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State To Lend $3M for New Danbury Financial Office
The Hartford CourantA New York financial services firm will open an office in Danbury, and if that location employs 100 people three years from now, a subsidized $3 million loan from the state will be converted into a grant. Gov. Dannel P. Malloy announced the economic...Tags: Dannel P. Malloy , Economy, Business and Finance, Finance, Financial and Business Services, Mortgages
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9 state attorneys general want housing official DeMarco replaced
WASHINGTON -- Attorneys general from California and eight other states on Monday publicly urged President Obama to replace Edward J. DeMarco, the controversial acting regulator for housing finance giants Fannie Mae and Freddie Mac. The state officials...
Tags: Washington, DC, Finance, U.S. Senate, Politics, Lawyers
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Fee increases are making FHA mortgages more expensive
WASHINGTON — If you want to buy a house with minimal cash by using an FHA-insured mortgage, here's some sobering news: Because of an ongoing series of fee increases and underwriting tweaks, those mortgages are getting steadily more expensive and may...
Tags: Washington, DC, Economy, Business and Finance, Finance, The Washington Post, Mortgages
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PennyMac, headed by former No. 2 at Countrywide, files for IPO
PennyMac Financial Services Inc., the 5-year-old mortgage company founded by former Countrywide Financial Corp. President Stanford L. Kurland, plans to go public on the New York Stock Exchange. PennyMac, which makes, buys, sells and services...Tags: Countrywide Financial Corp., Economy, Business and Finance, Finance, Bank of America Corp., Stock Market
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Niles, Park Ridge, Des Plaines police blotter: March 13
The following items were taken from police reports: Des Plaines •A Park Ridge man was arrested March 2 and charged with possession of drug paraphernalia and unlawful use of a weapon after a traffic stop on the 500 block of Radcliffe Avenue. The...
Tags: Theft, Drug Trafficking, Crime, Law and Justice, Drunk Driving, Prosecution
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Surge in foreclosure auctions shows Chicago-area market's pain
More than 35,000 homes and small multifamily buildings in the Chicago area completed the foreclosure process last year, the highest number since the housing crisis began, and the vast majority of them became bank-owned. An increase in foreclosure...Tags: Services and Shopping, Pat Quinn, Illinois Governor, Foreclosures, Auction Service
Apr 3, 2013
|Story| Herald Mail
Mar 20, 2013
|Story| Baltimore Sun
Apr 3, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Story| Los Angeles Times
Apr 2, 2013
|Story| Los Angeles Times
Mar 31, 2013
|Column| Chicago Tribune
May 1, 2013
|Story| Hartford Courant
Mar 18, 2013
|Story| Los Angeles Times
Feb 10, 2013
|Story| Los Angeles Times
Feb 8, 2013
|Story| Los Angeles Times
Mar 13, 2013
|Story| Chicago Tribune
Feb 5, 2013
|Story| Chicago Tribune
Original site for Fannie Mae topic gallery.