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SHAILA DEWAN

Massachusetts sues Fannie, Freddie over foreclosure law

Martha Coakley, the attorney general of Massachusetts, filed suit Monday against Fannie Mae and Freddie Mac in an effort to force the federally owned mortgage finance giants to comply with a...

DATE: Jun 13, 2014 | CATEGORY: Business

More renters finding 30 percent affordability ratio unattainable

MIAMI – For rent and utilities to be considered affordable, they are supposed to take up no more than 30 percent of a household’s income. But that goal is increasingly unattainable for middl...

DATE: Apr 26, 2014 | CATEGORY: Business

Lenders see write-off, ‘underwater’ homeowners face whopping tax bills

Come tax time, JPMorgan Chase will be able to write off the $1.5 billion in debt relief it must give homeowners to satisfy the terms of a recent settlement. But the homeowners who...

DATE: Mar 1, 2014 | CATEGORY: Business

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