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The San Francisco Chronicle
Mortgage debt at lowest level in nearly 5 years
The volume of outstanding home mortgages declined to $9.88 trillion from $9.94 trillion June 30, according to Federal Reserve data released Thursday.
USA Today
What went wrong with foreclosure aid programs
The Obama administration’s initial foreclosure-prevention programs were intended to help 7 million to 9 million people. So far, they’ve aided about 2 million, and not all of those are out of foreclosure danger.
The Los Angeles Times
Consumer protection bureau opens mortgage complaint hotline
The Consumer Financial Protection Bureau’s new mortgage complaint service is an extension of the agency’s existing hotline for credit card-related disputes and inquiries.
The Wall Street Journal
REALTORS® to revise 2007-2011 sales data lower
The NATIONAL ASSOCIATION OF REALTORS®, which publishes a monthly report on sales of previously occupied homes, said it will release revisions to home sales for 2007-2010 and for the first 10 months of this year.
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