Fed Easing Liquidity in Funding Markets

Fed Announces Further Steps to Ease Credit Crunch


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The Directories Company

Bank Owned Properties Directory
Select from the list of government agencies, lenders and service providers below to view their current inventory:


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McCain rejects housing crisis 'politics'

Presidential candidate says he is open to 'any and all proposals' related to the mortgage crisis, based on cost and benefits.



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Home prices: Down record 11%

The residential real estate market continues to deteriorate in 2008, with 20 key markets reporting steep drops.......



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Fed actions help boost U.S. mortgage filings

Refinancing applications surged last week, MBA's survey shows....


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New-home sales fall to 13-year low

February's supply of new homes on the market stuck at 27-year high.....


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Choosing Eco-Friendly Cleaning Services

Problem: Finding and choosing eco-friendly cleaning services.


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Buyers & Sellers

Top questions to ask sellers at listing appointment



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The foreclosure bailout that almost blew up

Gail Burks, who counsels troubled Las Vegas homeowners, says she encounters endless obstacles as she tries to get people the help they need.


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Brokers who lie, and more subprime nightmares

Many homeowners who were subject to predatory lending practices - including brokers who misrepresented payments - are trying to rework their loans. Few are having any luck.


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Fasten your seat belts

Commentary: Fed soon could raise rates as aggressively as it has cut them


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New Fannie, Freddie rules: $200B for mortgages

Regulators lowering capital requirements for mortgage finance firms, could pump hundreds of billions more into mortgage market but raise risks.


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Build your dream house now

It's the best time in years to take your blueprint off the drawing board and construct it for real.


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How subprime killed Bear Stearns

A problem with risky mortgages has led to a global financial crisis. The bigger issue: Experts don't know when it will end.


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Feds moving to ease Fannie, Freddie cap requirement: report

Federal officials are in the process of putting together a potential deal that could allow Fannie Mae and Freddie Mac.......


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A major Fed rate cut now seems certain

Reduction of full percentage point would give markets a shot in the arm.....


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What makes a place great?

For Money's upcoming Best Places to Live list we'd like to know, what’s most important to you when deciding where to live? Rank the options below, then see how your picks compare with other CNNMoney.com users'.


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Mortgage application fees may rise on appraisal reform

A new agreement between the NY Attorney General and Fannie and Freddie should promote independence and accuracy of appraisals. But it's going to cost buyers.


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The next shoe to drop in housing

Rising foreclosures and big losses at Fannie Mae and Freddie Mac are making it harder for people with good credit backgrounds to get a traditional mortgage.


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Countrywide's foreclosures rise again

The mortgage lender says delinquency rates declined slightly in February as foreclosure rates grew.


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Foreclosures up 60% in February

The number of filings jumps year over year but decreases modestly over last month.


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New foreclosure rescue plan offers 'Help Now'

Supporters say the proposal will help rescue more home owners faster than Hope Now, a rescue coalition that some critics say hasn't done enough.


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A Spring Checklist..........

For Your House


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No Money Down? You're Out of Luck

Prices have dropped since last year when Greg Sax bought his St. Paul, Minn., home. But the 37-year-old first-time home buyer still feels lucky he made the move when he did.

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A Good Time to Buy a House.......

Finally, it's a buyer's market out there.


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Reports: FBI probes Countrywide, other lenders

Investigations focus on securitization, servicing of home loans

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Fed turns on the spigot of money again

The Federal Reserve and other leading central banks doubled to more than $400 billion the amount of money they're willing to lend to banks and bond dealers, hoping to flood dysfunctional credit markets with enough money to get them working again.


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U.S. stock investors cheer Federal Reserve move

U.S. stocks rallied Tuesday after three losing sessions, with investors' spirits lifted by the Federal Reserve's move to loan as much as $200 billion in securities in a bid to boost liquidity in the financial system.

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