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Stockton on the brink
Friday, May 18, 2012
The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.
Bank of America throws homeowners new lifeline
Friday, March 23, 2012
Bank of America starts a foreclosure-prevention program that lets borrowers give up ownership of their home but stay on rent-paying tenants.
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BofA launching program for at-risk homeowners
Friday, March 23, 2012
Bank of America is launching a pilot program where homeowners who are at risk of foreclosure would hand over the deed to their house and then rent it back from the bank.
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Mortgage settlement to be closely policed
Monday, March 12, 2012
The $25 billion settlement announced last month finally details all the different types of relief for borrowers. But it sure took a long time.
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Getting Personal: The perils of private student debt
Thursday, February 23, 2012
MSN's Liz Weston discusses tax rebates, student debt and how to negotiate the foreclosure process.
Where Ally stands in the foreclosure settlement
Friday, February 17, 2012
When the news hit the other day of the blockbuster settlement for abuses in the foreclosure process, there may have been one brand you didn’t immediately recognize. Ally has really only been around since 2009, but there are already rumors swirling about its status.
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Weekly Wrap: The foreclosure settlement
Friday, February 10, 2012
Reviewing the week's headlines on Wall Street. This week: The $25 billion foreclosure settlement agreement the government and five major banks agreed to yesterday.
Bank settlement to bail out some underwater homeowners
Friday, February 10, 2012
Yesterday's $25 billion agreement between five big U.S. banks and state attorneys general could help some three million homeowners who owe more than their homes are currently worth.
Cleaning up the mortgage mess
Thursday, February 9, 2012
Today's $26 billion settlement between the government and five of the nation's biggest banks could free up the billions in mortgage securities they possess. But the settlement will also change many of the ways banks deal with foreclosures.
States, banks reach $25 billion mortgage settlement
Thursday, February 9, 2012
State and federal authorities unveil a $25 billion deal with big banks to address foreclosure abuses and to aid underwater homeowners.
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