Housing - Real Estate
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Few benefit from loan modification plan
The Treasury Dept. reports that fewer than 10% of eligible delinquent home-loan borrowers get help through the mortgage modification program. Some banks are doing better than others, but Obama administration expects all banks to do more. Bob Moon reports. (08/04/2009)
Will outing spotty loan servicers work?
The Obama administration wants to publicly out loan-servicing companies that aren't doing enough to help homeowners eligible for the government's loan modification program. How effective would that be? Bill Radke talks to professor Chris Mayer. (08/04/2009)
There's growth for green prefab homes
Glossy home magazines once celebrated the rise of modern prefab architecture with its clean lines and green materials. Then the housing market crashed. But green prefab isn't dead. Sam Eaton reports. (08/04/2009)
Slowing down the mortgage process
You may think you know the price of your house, but by the time you sign your closing papers the amount may be much different. Tess Vigeland talks with Elizabeth Razzi, author of "The Fearless Homebuyer" about new regulations that will slow everything down and make the mortgages process easier. (07/31/2009)
Want a foreclosed home? Prepare to bid
There are 8 million homes sitting empty due to foreclosure. But if you think now is the time to buy -- you're not alone. Prepare for a bidding war. Rob Schmitz reports. (07/31/2009)
New areas hit with foreclosure wave
Foreclosures continue to swamp states like California, Nevada and Florida. But now states like Idaho and Arkansas, which didn't have high rates of subprime mortgages before, are also starting to feel the pain. Jeff Tyler reports. (07/30/2009)
Quicker mortgage help for homeowners
The Obama administration's foreclosure prevention program has had a slow start. But the Treasury Department says it got commitments yesterday from banks and loan servicers to modify mortgages more quickly. Tamara Keith reports. (07/29/2009)
Home loan servicers urged to do more
Executives of the top mortgage servicing companies met with Treasury and HUD officials today to discuss expanding the "Making Homes Affordable" program. So far, the plan has done little to stop foreclosures. Tamara Keith reports. (07/28/2009)
Not a realistic plan for homeowners
The Obama administration's loan modification program is meant to help homeowners at risk of foreclosure. Bill Radke talks to real estate professor Chris Mayer, who says the expectations for the program aren't realistic. (07/28/2009)
Mortgage plan gives people runaround
The Obama administration's loan modification program to keep people in their homes hasn't had the results many were hoping for. Mortgage servicers will be at the White House today to explain why. Mitchell Hartman reports. (07/28/2009)
