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Mpls. Tornado Damage Complicates Foreclosures
MINNEAPOLIS (AP) – More than 200 of the homes damaged in the deadly tornado that hit north Minneapolis were already foreclosed or vacant, making it difficult to determine if the homes are insured. Many...
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$26B Mortgage Deal: Who Benefits?
Big news from the mortgage and foreclosure crisis: government officials tell CBS News a historic settlement will be announced Thursday that could affect nearly two million homeowners. The story comes...
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Market Rates For The Middle Class
With a couple of simple fixes from Congress, billions of dollars could be put into the economy by allowing middle class families to refinance their mortgages and by keeping student loans at market...
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Metro Foreclosure Rates Fall
SANTA ANA, Calif. (WCCO) – A new housing report shows that foreclosure rates are falling in the Minneapolis-St. Paul-Bloomingon area. According to CoreLogic, a business data and analytics company,...
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Home Prices Rise In Most Major U.S. Cities
WASHINGTON (AP) — Home prices increased in September in most major U.S. cities, more evidence of a housing recovery that is providing a lift to the fragile economy. Standard & Poor’s/Case-Shiller...
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Personal Finance Expert Jordan Goodman Warns Of Fiscal Cliff Pain
National financial expert Jordan Goodman warned WCCO Morning News with Dave Lee listeners that going past the government’s fiscal cliff could be very troublesome. Goodman talked with Dave Lee on...
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Ramsey, Hennepin Counties Sue Mortgage Registry
ST. PAUL, Minn. (AP) — Prosecutors in the Minneapolis-St. Paul area sued a nationwide mortgage registry Friday, saying the company and its member mortgage lenders may have cost Minnesota counties...
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Survey: Young Adults Putting Mortgages Before Marriages
MINNEAPOLIS (WCCO) – Is a home the new engagement ring? A new national survey shows more and more young couples are putting mortgages before wedding bands these days. The new Coldwell Banker survey...
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Jordan Goodman Talks Markets On WCCO Radio
Personal finance expert Jordan Goodman joined Dave Lee on the WCCO Morning News Tuesday. Goodman talked about the new rules for college student loans. He also had some advice for buyers and sellers in...
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Good Question: Why Are Mortgages Sold?
MINNEAPOLIS (WCCO) – After mortgage banker Alex Stenback of Alerus Mortgage helps people buy a new home, he sells off the mortgage. “We sell everything that we do here,” Stenback said. “When we sell...
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1-15-14 Money Answers With Jordan Goodman On The Morning News With Dave Lee
Click here for more information. http://cbsminnesota.files.wordpress.com/2014/01/1-15-14-jordan.mp3
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State’s Property Taxes Mostly Static After Refunds
ST. PAUL, Minn. (AP) — Minnesota property taxes owed this year are mostly static once refunds and credits are factored in, state officials said Friday, despite their earlier prediction that those taxes...
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Court To Clarify Process For Rescinding Mortgages
WASHINGTON (AP) — The Supreme Court will decide what a home buyer must do to rescind a mortgage that violates the federal Truth in Lending Act. The justices on Monday agreed to hear an appeal from a...
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Supreme Court Clarifies Rules For Rescinding Mortgages
WASHINGTON (AP) — A unanimous Supreme Court ruled Tuesday that home buyers don’t need to file a lawsuit, but may simply write a letter if they want to back out of a mortgage because they claim their...
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