Mortgage Bankers Association Videos
Stocks Try to Recover From Triple-Digit Loss
Bloomberg's Dominic Chu explains how Libyan unrest is impacting the markets.
ABC News Update
Hello everyone I'm Stephanie in New York we Begin with breaking news out of New York where an investigation has concluded conduct by governor David Paterson warrants consideration of criminal charges. The investigation found Patterson's testimony about his plans to pay for World Series tickets last
Should You Dump Your Mortgage?
New numbers out just this morning no relief from the nation's foreclosure crisis. Mortgage defaults are up 15%. Since last year and one in 409. Homes received a foreclosure notices January. That's more than 3151000. Homes. Many homeowners on the are considering something that just doesn't feel
Record Mortgage Delinquencies
7 percent of homeowners were behind in their payments from July to September.
Unemployment Rattles Job Market
The eighth straight month the nation's employers handed out pink to 84000 workers. Even more disturbing than the massive job cuts is the news that six point 8% of the nation's workforce is actively looking for work. And able to find it for more on this we're joined by Dan from ABC's business unit
First Quarter Housing Numbers Dismal
The foundations of the American housing market are cracked new figures from the Mortgage Bankers Association show that more than four point six million people. That's almost 9% of all homeowners. Have fallen behind on their loan payments. The bankers group says about two and a half percent of all
Record Number of Foreclosures
More homeowners struggled with mortgage payments in the last months of 2007.
Problems Persist in the Mortgage Market
Don't expect the housing market to turn around anytime soon according to the Mortgage Bankers Association. On Wednesday the group released its forecast for the housing sector for 2008. Predicting housing will hit bottom in the middle of next year and then slowly starts a rebound. But only slowly in
Home Sweet Home
Home equity studies suggest that credit may be linked to lapses in mortgage pay.