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Impatient people have lower credit scores: study

Is there a psychological reason why people default on their mortgages? A new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, finds that p ...

Medicine & Health / Psychology & Psychiatry

created Nov 30, 2011 | popularity 5 / 5 (2) | comments 0 | with audio podcast

Criminal probe into online mortgage scams widens

(AP) -- A criminal investigation into mortgage swindlers who lured their victims with deceptive online ads is widening.

Technology / Internet

created Nov 21, 2011 | popularity not rated yet | comments 0

Government closes mortgage scams tied to Google

(AP) -- The federal government has shut down dozens of Internet scam artists who had been paying Google to run ads making bogus promises to help desperate homeowners scrambling to avoid foreclosures.

Technology / Internet

created Nov 17, 2011 | popularity not rated yet | comments 0

Emerging public health crisis linked to mortgage default and foreclosure

Researchers warn of a looming health crisis in the wake of rising mortgage delinquencies and home foreclosures. The study, released today in the American Journal of Public Health, is the first long-term survey of the impact ...

Medicine & Health / Health

created Oct 20, 2011 | popularity 5 / 5 (4) | comments 0

Chinese-Americans don't overborrow, study finds

Bad mortgage loans and rampant consumer debt were two of the primary causes for the recent economic recession in the U.S. Despite a national trend of debt problems, a University of Missouri researcher has found one American ...

Other Sciences / Economics & Business

created Oct 17, 2011 | popularity 5 / 5 (2) | comments 2

Mortgage modification policies slow employment recovery, economists say

In a new study, UCLA economists estimate that means-tested mortgage modifications, which significantly reduce mortgage payments to households whose incomes have declined, have raised the unemployment rate by approximately ...

Other Sciences / Economics & Business

created Sep 15, 2011 | popularity 1 / 5 (1) | comments 2

Zillow sets IPO at $20 per share in Weds.

(AP) -- Real estate listing and information service Zillow Inc. will sell shares for $20 apiece in its initial public offering Wednesday.

Technology / Business

created Jul 20, 2011 | popularity not rated yet | comments 0

Zillow raises IPO expected price range

(AP) -- Real estate listing and information service Zillow Inc. said Friday it now hopes to raise up to $71.6 million through an initial public offering, up from its original expectation of as much as $51.8 million.

Technology / Business

created Jul 15, 2011 | popularity not rated yet | comments 0

Recent financial crisis rooted in politics of creditworthiness, new study contends

A common reading of the recent subprime mortgage crisis pins the blame on bankers and loan brokers who extended mortgages to those who could not afford them, thereby inflating a housing bubble that was destined to burst.

Other Sciences / Social Sciences

created Jun 02, 2011 | popularity not rated yet | comments 0

Google Advisor helps manage money

Google on Friday began providing US Internet users with tools for making financial decisions.

Technology / Internet

created May 21, 2011 | popularity not rated yet | comments 0

Study finds key tax break has adverse effect on homeownership, social welfare

The American dream of owning a home with a white picket fence may stay a dream for many, according to a recent study by a Kansas State University economist.

Other Sciences / Economics & Business

created Mar 30, 2011 | popularity 5 / 5 (3) | comments 0

One factor can make mortgage modifications up to one-third more likely, study finds

One factor, little-known by borrowers, can play a large role in whether banks are willing to renegotiate mortgages with homeowners who are struggling to meet payments.

Other Sciences / Economics & Business

created Feb 09, 2011 | popularity 5 / 5 (1) | comments 4

New mortgage design would minimize home foreclosures

With mortgage loan defaults on the rise yet again, two mortgage researchers are proposing a new type of mortgage contract that automatically resets the balance and the monthly payment based on the mortgaged home's market ...

Other Sciences / Economics & Business

created Jan 19, 2011 | popularity 4.3 / 5 (3) | comments 22

Some banks help keep mortgage holders out of default, studies find

While the nation's foreclosure crisis has focused blame on bad loan practices by some lenders, new research shows how some banks may have actually reduced the default risk of their homebuyers.

Other Sciences / Economics & Business

created Jan 03, 2011 | popularity 5 / 5 (2) | comments 1

Mortgage defaults at lowest levels in five years

(PhysOrg.com) -- Default risk on home loans fell once again this quarter to its lowest level in more than five years, says a professor at the University of Michigan's Ross School of Business.

Other Sciences / Economics & Business

created Dec 23, 2010 | popularity not rated yet | comments 0