Bernanke: even worthy borrowers can't get mortgages

(Reuters) - Banks have become so restrictive in making mortgages that many worthy home buyers are being frozen out of the U.S. housing market, and lending practices are not likely to loosen any time soon, Federal Reserve Chairman Ben Bernanke said on Thursday. Speaking via satellite to a banking conference in Chicago, Bernanke highlighted ongoing problems in mortgage finance availability, even ...

Homeowners: Watch Out for These 5 Common Mortgage Scams

Think you're knowledgeable about the housing market and home financing process? You may consider yourself an expert on mortgages (take this real estate quiz to prove it), especially if you're currently looking to finance your first home or have been a long-time property owner. But what about the numerous threats to your home and financial security that currently exist? They may not even be on ...

Ben Bernanke says even worthy borrowers can't get mortgages

Banks have become so restrictive in making mortgages that many worthy homebuyers are being frozen out of the U.S. housing market, and lending practices are not likely to loosen any time soon, Federal Reserve Chairman Ben Bernanke says.

5 (Plus 1) Options For The Aging Politician

If the latest polls hold, Richard Lugar, R-Ind., may be headed out of the U.S. Senate after Tuesday's primary in Indiana. But don't worry too much about the 80-year-old Lugar. There are plenty of post-politics options for a former lawmaker. Even for an octogenarian.

UPDATE 3-Bernanke-even worthy borrowers can't get mortgages

* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Adds quotes from U.S. housing secretary) May 10 ...