mortgage

A San Jose homeowner discovered he had a second $765,000 mortgage on his home.

NBC Bay Area Responds to a San Jose homeowner who was seeing double with his mortgage. He asked Consumer Investigator Chris Chmura for help fixing a $750,000 problem.

Banks are swooping in with cash to buy homes as regular people wait for a mortgage approval. That’s leading to a spike in home prices after COVID reduced supplies for building materials, Karan Kaul of the Urban Institute explains.

Interest rates take the elevator up, and the stairs down. CNBC’s Bertha Coombs explains how changes in the interest affect saving money for a down payment and when you should get a mortgage for a home.

The mortgage company “Mr. Cooper” says one of its vendors inadvertently withdrew large sums of money from as many as 480,000 homeowners’ bank accounts without permission – causing some to overdraft. Several people wrote to NBC Responds for help.

The Supreme Court wrestled Wednesday with a case that could make it easier for the president to fire the head of the agency that oversees government-controlled mortgage giants Fannie Mae and Freddie Mac

San Mateo County Supervisory David J. Canepa is urging Congress to enact a moratorium on residential and commercial mortgage payments during the coronavirus shelter-in-place order. Sergio Quintana reports.

Thousands of San Francisco Bay Area homeowners face a loss of income amid the COVID-19 pandemic. Acting now can help avoid foreclosure. Consumer investigative reporter Chris Chmura reports.

As the coronavirus crisis leads to layoffs and furloughs, many Bay Area families could find themselves unable to pay their mortages. The good news: if you’re afraid you can’t meet your next payment, it’s possible you have options. Greg McBride, a chief financial analyst with Bankrate, says mortgage lenders are taking quick steps to help borrowers. “Now more than...