foreclosure

Negative equity is playing a critical role in the reduction of job mobility and emergency funds for homeowners. This phenomenon is estimated to effect more than 7 million homeowners.

Despite the Armageddon-esque financial turmoil of recent weeks, one thing about America hasn't changed: If you really want someone to do something, sue them. They lined up in droves: Cities, counties and states sued the pants off Countrywide

One of the biggest reasons the housing market crashed was that, in many markets, especially California, prices got so high that the pool of potential buyers shrank darn near to zero. And what happens when prices come down? Buyers come out.

If you had the money -- even if you couldn't *really* afford to lose it -- wouldn't you help?

If you’re one of the many Americans facing foreclosure, an announcement made by Bank of America this week could well allow you to stay in your home.

The federal government's new $300 billion Hope for Homeowners program opened for business today with the intent of staving off foreclosure for 400,000 homeowners in trouble. But we just have to wonder how effective it will be.

The Federal Home Loan Mortgage Corporation, better known as Freddie Mac, revealed on September 4th that mortgage rates had dropped for the third week in a row