Topic: U.S. Department Of The Treasury

Freddie Mac says average rates for 30-year mortgages fall to 4.72 pct., just above record lowRates on 30-year fixed mortgages fell this week to the lowest level of the year and were barely shy of the all-time low.Mortgage finance company Freddie Mac ...

Summary Box: Average fixed rate for 30-year mortgages falls to 2010 low, just above recordRATES DIP: Mortgage rates fell this week to the lowest level of the year as European turmoil caused investors to pour money into the safety of U.S. Treasury ...

Summary Box: Surging home sales likely to fizzle despite low ratesHOME SALES RISE: A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes by 7.6 percent in April.MORTGAGE RATES FALL: Worries over the European debt crisis ...

Watchdog report warns latest effort to aid homeowners makes program more vulnerable to fraudRecent changes to the Obama administration's mortgage assistance program may make it more vulnerable to fraud, a government watchdog says.The changes, announced last month, are intended to make it ...

More homeowners facing foreclosure get help, although some disqualified from Obama planThe number of homeowners in the Obama administration's flagship foreclosure prevention program is growing, data released Wednesday show. Yet it's not all good news.About 231,000 homeowners have completed loan modifications through ...

Health Savings Accounts (HSAs) came on the health care scene in 2003, when Congress approved them as part of broader Medicare reform. On the other hand, Rutgers University advises that those with chronic illnesses "may need to think twice about enrolling" because ...

Cash in savings accounts is one of the most conservative investment for rising rates. Bonds will probably lose NAV (net asset value) when rates go up, but cash in FDIC and NCUA insured savings accounts is always worth a dollar per dollar ...

WASHINGTON (Reuters) - The Obama administration unveiled changes to its $75 billion home loan modification program on Thursday in an effort to boost the number of trial home loans that become permanent.The Treasury Department's new document collection process would have borrowers submit ...

In late summer or early fall, Citibank was running a promotion: Eventually, he got a letter saying that Citibank [Citigroup (C)] would give him the $200 credit.. Paul Kiel of ProPublica has uncovered multiple cases where homeowners are not getting their trial ...

WASHINGTON (Reuters) - Serious delinquencies among U.S. prime mortgages rose nearly 20 percent in the third quarter from the prior quarter, as the percentage of current and performing mortgages fell for the sixth consecutive quarter, banking regulators said on Monday.The report by ...