Fitch Rating is no longer considering lowering its credit rating for Ally Financial after the company agreed to pay $2.1 billion as part of a settlement plan to resolve potential financial claims stemming from its mortgage division, Residential Capital LLC, which is in bankruptcy proceedings. Full story
NEW YORK (Reuters) - While bond insurers MBIA Inc <MBI.N> and FGIC Corp receive the lion's share of Ally Financial Inc's <GKM.N> $2.1 billion contribution to the debts of mortgage lender Residential Capital LLC, hedge funds like Paulson & Co may have obtained a better deal. Full story
Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery. Full story
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows. Full story
Is now the time to refinance and lock in your mortgage while rates are still low? David Stevens, Mortgage Bankers Association president, offers guidance. With CNBC's Diana Olick.
Spain's southern Andalucia region has begun its first proceedings to seize confiscated houses from banks under a new anti-eviction law aimed at protecting people in economic difficulties. Full story
Rep. Loretta Sanchez is concerned tight mortgage lending requirements are making it difficult for the middle-class to become homeowners and forcing them to become renters. "Lending requirements are still too tight," Bernanke agrees.
After describing one of the most egregious stories of foreclosure madness ever, Chris Hayes details a program that is the right way to handle the threat of foreclosure, and its creator, and a homeowner who was helped by the program, join him.
CNBC's Rick Santelli talks with Glenn Schultz, Performance Trust about what's happening in the housing and mortgage market.
New York State Attorney General Eric Schneiderman joins Chris Hayes in an exclusive interview about why, after a multibillion dollar settlement, banks are still not living up to rules about mortgages and refinancing.
Will an improving jobs picture be a headwind for low mortgage rates? Bill Emerson, Quicken Loans CEO, weighs in.
Members of the Mortgage Victims' Platform hold a news conference before they present a request for a reconciliation act at the court in Valencia, May 14, 2013. The platform was demanded by People Party's Member of Parliament Esteban Gonzalez Pons for invading his residence during an "escrache" pro
Members of the Mortgage Victims' Platform protest inside the courthouse as other activists present a request for a reconciliation act at the court in Valencia, May 14, 2013. According to local media, the platform was demanded by People Party's Member of Parliament Esteban Gonzalez Pons for invading
Members of the Mortgage Victims' Platform leave the courthouse after they presented a request for a reconciliation act at the court in Valencia, May 14, 2013. According to local media, the platform was demanded by People Party's Member of Parliament Esteban Gonzalez Pons for invading his residence
The house measures 8,000 square feet with 5 bedrooms and 7 baths. A monthly payment on the home would be $31,390, assuming a 20 percent down payment on a 30-year mortgage.
