Kenneth R. Harney
Kenneth R. Harney

Latest by Kenneth R. Harney

Some sellers pay lenders to cut buyers’ mortgage rates

As housing prices slump, ‘buy-down’ agreements can be attractive to all parties.

Debt ratios are the biggest hurdle for mortgage applicants

Credit-risk managers say borrower’s ability to repay loan outweighs FICO scores and size of down payment.

Service tracks housing prices and forecasts changes

Using information on 50 million to 70 million houses, an online tool predicts where valuations are headed.

Bias complaints by women lead to settlements by lenders

Discrimination related to pregnancy or maternity leave is not allowed in handling of mortgage applications.