Jan 28, 2013 A few years ago, 60 percent of Phoenix-area mortgages were underwater. Reporter Peter O'Dowd was one of those homeowners.
Jan 28, 2013 The housing crash not only touched off a wave of foreclosures, it torpedoed property values and the taxes cities and counties collect off them. But some localities are fighting back in an effort to reverse their budget shortfalls.
Jan 11, 2013 We're talking about some of this week's biggest news stories: consumer debt, the new mortgage rules, and gun control.
Jan 10, 2013 The Consumer Financial Protection Bureau is rolling out new rules for mortgage lending. Some bank analysts say that counter-intuitively the stricter rules could actually loosen mortgage lending.
Jan 9, 2013 As 2013 kicks off, one of the biggest changes to the landscape of consumer finance is taking place in the housing market.
Jan 7, 2013 Regulators in Basel have decided riskier assets can be used as part of a bank's emergency buffer.
Jan 4, 2013 Jumbo mortgages, too large to be backed by Fannie Mae or Freddie Mac, were hard to come by after the financial crisis. But in expensive real-estate markets like San Francisco, they're coming back.
Jan 3, 2013 Marketplace Economics Correspondent Chris Farrell says there is one bright economic spot to look forward to in the coming year: the housing market.
Dec 26, 2012 The Wall Street Journal is reporting that the Obama administration is eying new relief for underwater homeowners. Who stands to gain from the program?
Nov 23, 2012 The national foreclosure rate increased by more than 3 percent in October compared to the previous month. Some groups across the country are trying to change that by buying underwater mortgages and keeping families in their homes.