Housing policy is holding back America’s recovery
Rarely in the annals of American administrations has one president encountered so much stubbornness from one regulator, writes Edward Luce
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US foreclosure crisis
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US banks are facing mounting pressure from politicians, the courts and regulators over their shoddy mortgage foreclosure procedures
Housing regulator argues for debt forgiveness
Head of the Federal Housing Finance agency says it may be cheaper for lenders to forgive some distressed mortgage debt than to postpone payments
Fed to fine Morgan Stanley over home loans
US bank becomes the latest to be ensnared by so-called robosigning scandal, drawing wrath of Federal Reserve
Agency weighs in on US housing debt cases
The Consumer Financial Protection Bureau has argued that debtors wishing to rescind home mortgages based on faulty disclosures need only provide written notice
Banks overbid in home foreclosure auctions
Research by the Federal Reserve Bank of Cleveland has found that US banks are systematically overvaluing some houses they foreclose on
City counts cost of housing market crash
In the good years, Stockton in California promised benefits to its workers and good services to its citizens. But its revenue has plummeted
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Obama’s latest housing plan
There are two ways of reading any White House proposal: on its merits, and by the politics. Struggling homeowners are pawns in election campaign
Streets behind
The US property market remains resistant to attempts to revive it, intensifying concern about the country’s struggling recovery
US housing crisis
Obama is still reluctant to address the scale of a problem that is an obstacle to the country’s economic recovery
US economy: A market on the move
An acceleration in the writing down of bad loans left over from the credit bubble is raising hopes of a widely beneficial housing recovery – as shown by the tale of one family home in Florida. By Dan McCrum and Michael MacKenzie
US taxpayers lose over banks deal
As details of the $40bn foreclosure abuse agreement dribble out, it appears the deal may give big banks reason to celebrate and mortgage bond investors and taxpayers reason to pause
US mortgage rates
Part of the rationale for Operation Twist is to milk the downward trend further, but few people have asked what happens when rates stop or reverse, as they must
Suing the banks
Those who made the mortgage mess are to be sued for their failure to inform buyers of the underlying assets
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