| Sep 20, 2013
| 8:16 PM
WASHINGTON — Could the end of the refinancing boom be stimulating slightly more favorable mortgage terms for home buyers? The latest comprehensive study of activity in the market suggests the answer could be yes.
Ellie Mae Inc., a mortgage...
| Sep 20, 2013
| 6:30 AM
WASHINGTON -- Billionaire investor Warren Buffett said a failure to raise the nation's $16.7 trillion debt limit would be "pretty damn dumb" as Democrats and Republicans square off in a showdown that could lead to the first-ever federal government...
| Sep 18, 2013
| 8:55 AM
New housing starts were nearly flat in August compared with July, suggesting builders may be taking a breather as the housing recovery matures.
Housing starts last month reached a seasonally adjusted annual rate of 891,000 units last month, up 0.9% from...
| Sep 11, 2013
| 10:47 AM
Mortgage titan Fannie Mae depends on Douglas G. Duncan, its chief economist, to keep a close eye on the nation’s housing market. Duncan met with Times editors and reporters in Los Angeles this week to share his views on where the market is headed....
| Sep 6, 2013
| 9:05 PM
WASHINGTON — Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people who were hard hit by the housing bust and who thought they'd have to wait for years before owning...
| Sep 5, 2013
| 5:18 PM
With mortgage rates rising to levels not seen for two years, it's hard work finding a great deal on a home loan — unless you're rich enough to need a jumbo mortgage.
These loans on steroids certainly aren't for everyone: Jumbos are defined as...
| Sep 4, 2013
| 4:27 PM
The Federal Housing Administration wants to make it easier for people who have defaulted on their mortgages to get a new home loan with FHA backing.
But there's a catch. To qualify for the break, borrowers must show that their foreclosure or...
| Aug 30, 2013
| 6:09 PM
In a new legal challenge, financial industry opponents of the city of Richmond's plan to seize underwater home loans call the gambit a disguised attempt to profit at the expense of everyday investors.
Richmond is threatening to use eminent domain to...
| Aug 29, 2013
| 9:17 AM
Crude oil prices began pulling back Thursday as momentum for a U.S. military strike on Syria stalled.
The price of light, sweet crude for October deliver fell 80 cents to $109.30 a barrel Thursday from a previous settlement price of $110.10 Wednesday. ...
| Aug 20, 2013
| 2:31 PM
WASHINGTON -- The federal government's consumer financial watchdog on Tuesday sued Morgan Drexen Inc., of Costa Mesa, alleging it charged more than 22,000 customers millions of dollars in illegal upfront fees to help them resolve outstanding debts....
| Aug 20, 2013
| 6:49 AM
WASHINGTON -- The nation's largest banks are trying to scare the public about the impact of tougher capital requirements proposed by U.S. regulators, a top Federal Deposit Insurance Corp. official said Tuesday.
Requiring the eight largest banks to...