mortgages

Freddie Mac Betting Against Struggling Homeowners

NPR Programs: Morning Edition  Mon, 01/30/2012 - 4:01am

Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica.

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Bank Overcharged Military Families On Mortgages

NPR Programs: Morning Edition  Wed, 01/19/2011 - 7:30am

JPMorgan Chase overcharged more than 4,000 active-duty military personnel on their home loans and foreclosed in error on 14 of them.

The company said it would be sending out $2 million worth of refunds to 4,000 active-duty customers who were affected.

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Foreclosures Up As Unemployment Soars

NPR Programs: Morning Edition  Thu, 07/16/2009 - 5:41am

New figures show the number of people in trouble with their mortgages continues to rise. According to foreclosure listing service RealtyTrac Inc, more than 336,000 households received at least one foreclosure-related notice in June.

That's 33 percent higher compared to June of last year.

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