Monthly Archives: May 2009

By STEVE BROWN / The Dallas Morning News stevebrown@dallasnews.com  Almost 8 percent of Texans are behind on their mortgage payments. That’s slightly better than the national average in a survey to find out how many people are at least a … Continue reading →

  May 28 (Bloomberg) — Mortgage delinquencies and foreclosures rose to records in the first quarter and home-loan rates jumped to the highest since March this week as the government’s effort to fix the housing slump lost momentum. The U.S. … Continue reading →

By E. Scott Reckard May 27, 2009 Modifying nontraditional mortgages will succeed for many people, but most such modifications will end up in default within a year, a major ratings company predicts. The Fitch Ratings study examined subprime mortgages, jumbo … Continue reading →

May 26 (Bloomberg) — The slump in the U.S. housing market that caused the median value of homes to decline 24 percent since 2006 may bottom next month without any prospect of a rebound for another year, according to estimates … Continue reading →

May 26 (Bloomberg) — The slump in the U.S. housing market that caused the median value of homes to decline 24 percent since 2006 may bottom next month without any prospect of a rebound for another year, according to estimates … Continue reading →