Home Mortgage

WASHINGTON — U.S. states reached a landmark $25 billion deal Thursday with the nation’s biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. SEE ALSO: Washington State To Legalize Gay Marriage The deal requires five of the largest banks to reduce loans for about 1 million households at risk of foreclosure. […]

WASHINGTON — The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, tackling a difficult issue of vital concern in states key to President Barack Obama’s re-election. SEE ALSO: Is […]