Stacey Vanek Smith
May 3, 2013 Big investors have been snapping up foreclosed homes and turning them into rentals. Now some of those investors are hoping to capitalize on their distressed buys -- and share the spoils with the general public -- by going public.
Apr 18, 2013 Thankfully, it seems it's just a paperwork snafu.
Apr 12, 2013 Starting today, checks are on the way to victims of wrongful foreclosures as part of a $3.6 billion settlement between banks and federal regulators. But for most of those borrowers, it won’t exactly be Christmas in April.
Mar 22, 2013 Advocates say home ownership is still a good way for low-income families to build wealth - but it shouldn't be their only form of savings
Feb 22, 2013 In some working-class neighborhoods with cheap housing, the banks actually lose money on a foreclosure. So it’s cheaper to do nothing.
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 25, 2013 Many young people say they have no interest in ever owning a home. So these days, more and more people are renting. But commentator Chris Farrell says buying is still a better option for all concerned.
Jan 7, 2013 In a costly day of legal settlements, 10 banks agree to pay $8.5 billion to four million homeowners for mishandling their foreclosures.
Dec 10, 2012 Hedge funds and private-equity funds are buying up hundreds of foreclosed homes at a time, turning them into rentals, crowding out first-time home buyers looking for bargains.