California Home Loan 360

Real estate in high-priced areas is finally becoming a little easier to buy or refinance, thanks to the jumbo conforming loan program approved by Congress in February.

The Federal Reserve chairman urged Congress to give federal agencies “greater latitude” to take an innovative approach to dealing with the housing crisis.

The Federal Reserve chairman urged Congress to give federal agencies “greater latitude” to take an innovative approach to dealing with the housing crisis.

BOSTON (AP) - A key House lawmaker on Monday complained that the mortgage industry has done little over the past month to make higher-value loans available in costly housing markets after Congress took steps to try to infuse more cash into the so-called jumbo market.

BOSTON - A key House lawmaker today complained that the mortgage industry has done little over the past month to make higher-value loans available in costly housing markets after Congress took steps to try to infuse more cash into the so-called jumbo market.

Financing college is likely to get easier, thanks to a bill sailing through Congress.

In mid February, Congress gave beleaguered mortgage borrowers a rare cause for celebration. As part of the economic stimulus package, it passed rules intended to make it easier and less expensive for people to take out hefty loans in the nation's costliest housing markets.

Mortgage relief? What relief? The powers that be have hustled in recent months, trying to make it easier and cheaper to get a mortgage. But despite the Federal Reserve slashing interest rates and Congress raising limits for conforming loans, the home-lending...

Mortgage relief? What relief? The powers that be have hustled in recent months, trying to make it easier and cheaper to get a mortgage. But despite the Federal Reserve slashing interest rates and Congress raising limits for conforming loans, the home-lending...

Any federal package may also help some who don't deserve it. Faced with the home mortgage debacle that underlies one of the most dangerous economic crises since the Great Depression, Congress and the administration have been all but paralyzed by two questions: Who deserves to be helped? And how far should the government go to set matters aright?