California Home Loan 360

Last week, I described a proposal for a new type of mortgage insurance called mortgage payment insurance, or MPI.

A key federal regulator released a proposal to address the mortgage crisis Wednesday, calling on the Treasury Department to help troubled borrowers by lending them 20% of their mortgage principal to spur refinancing into more affordable loans.

WASHINGTON - Prospective home buyers would get easier-to-understand information on mortgage terms and save an estimated average of $700 in closing costs under a proposal unveiled Friday by President Bush.

The Federal Reserve unveiled a proposal today that would give people taking out home mortgages new protections against shady lending practices.

The Federal Reserve unveiled a proposal today that would give people taking out home mortgages new protections against shady lending practices.

Foreclosures hit record | Local sale pricesThe Bush administration's proposal would freeze introductory "teaser" rates on subprime mortgages, preventing them from resetting to higher rates for five years.