| Oct 1, 2013
| 7:32 AM
WASHINGTON -- Although the federal government began a partial shutdown Tuesday, most financial regulators remained on the job because their agencies are funded outside the congressional appropriations process.
But the effects of the shutdown still...
| Dec 13, 2013
| 12:09 PM
The Federal Housing Administration, fresh from a $1.7-billion bailout, now projects that it will replenish its financial reserves to required levels in 2015, two years faster than it had predicted a year ago.
The agency said its net worth remains in the...
| Dec 9, 2013
| 12:06 PM
The number of American renters paying unaffordable amounts for housing reached an all-time high last year, as tenants grappled with rising rents and meager income growth, a new report says.
About 21.1 million households paid more than 30% of their...
| Sep 27, 2013
| 9:51 AM
WASHINGTON -- The Federal Housing Administration, whose role in the real estate market expanded dramatically in recent years, on Friday said it would need approximately $1.7 billion to stabilize its long-term finances.
It marks the first time the 79-...
| Oct 22, 2013
| 10:03 AM
Buyers signed fewer contracts for California homes last month as the housing market entered a typically slower period and declining affordability sapped demand.
The California Assn. of Realtors said that its pending sales index fell 1.8% in September...
| Oct 21, 2013
| 7:42 AM
Sales of previously owned homes fell in September, as declining affordability hampered demand, a trade group said.
Existing sales of single-family houses, town homes, condominiums and co-ops dropped 1.9% from August to a seasonally adjusted annual rate...
| Nov 13, 2013
| 6:26 PM
The congressional incompetence that shut down our federal government last month hurt the little guy in more ways than many of us probably could have imagined.
The shutdown disrupted the lives of people ranging from Alaskan crab fishermen to eager...
| Oct 29, 2013
| 11:55 AM
WASHINGTON -- The head of the Federal Housing Administration, which recently received $1.7 billion in its first-ever bailout, said the agency was headed in the right direction, as she faced intense Republican criticism during a lengthy congressional...
| Oct 17, 2013
| 11:52 AM
Home prices and sales fell last month in the Bay Area as the tech-rich region mirrored a cooling trend elsewhere within the state.
The median home price in the nine-county region fell 1.9% from August to $530,000, while sales dropped 17.1% -- a...
| Nov 17, 2013
| 2:30 AM
By Ilyce Glink and Samuel J. Tamkin
Q: My daughter and I bought a condominium for about $85,000 last year, and its value has gone up at least 10 to 15 percent since then. She is the primary owner for tax purposes since her Social Security number was used...
| Nov 17, 2013
| 5:00 AM
WASHINGTON — Haven't we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for homeowners is heading for expiration within weeks. And there's no sign that Congress plans — or has the minimal...
| Feb 2, 2014
| 2:30 AM
Q: I'm 28-years-old. My wife and I have owned our home for 2.5 years now. When we purchased it, I did not put down 20 percent, so I'm paying roughly $165 per month for mortgage insurance (PMI). If it helps, we do not plan on living in this house forever,...