States nearing mortgage settlement with big banks

Feb 9, 2012
The Obama administration and nearly every U.S. state are reportedly ready to settle for $26 billion with five of the country's largest banks over allegations of abusive foreclosure practices.
Posted In: Housing, foreclosure, states, bank, mortgage settlement

Will the settlement money be enough?

Feb 9, 2012
As states close in a settlement with big banks over alleged abusive home foreclosure practices, we break down how much each family will really get.
Posted In: home, foreclosure, mortgage, mortgage settlement

Some banks offer extra incentive to short sell homes

Feb 8, 2012
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
Posted In: short sell, foreclosure, JPMorgan, underwater mortgage

New foreclosure numbers sound good, but...

Feb 8, 2012
Foreclosures are down, but a legal settlement may change the outlook.
Posted In: Housing, foreclosure

States could get billions from 'Robosigning' banks

Feb 6, 2012
Monday is the deadline for states to sign onto a settlement with the nation's largest banks over abusive foreclosure practices. The deal would reportedly force banks to pay billions of dollars to people who lost their homes.
Posted In: Housing, robosigning, foreclosure, mortgage settlement

Foreclosed: The housing crisis in Las Vegas

Feb 3, 2012
Las Vegas currently holds the title for the city with the highest number of foreclosures in the country. Here, an inside look at the way people are dealing with this crisis.
Posted In: foreclosure, Las Vegas, Nevada

What to do if you're living next to a foreclosed home

Feb 1, 2012
According to one study, the average hit to a home near a foreclosed home is over $7,000 in property value. What you and your neighbors could do if an abandoned property is in the neighborhood.
Posted In: Housing, foreclosure

Obama plan to help homeowners spur housing recovery

Feb 1, 2012
President Obama announces a new program to help eliminate what he calls a stubborn drag on the economy.
Posted In: Housing, foreclosure, mortgage, refinance

The government's role in foreclosures

Feb 1, 2012
Should the U.S. government intervene to fix the foreclosure mess? Gallup reveals the results of its latest survey on American opinion.
Posted In: foreclosure, Housing

Lot 354: A Tale of America's Housing Meltdown

Jan 13, 2011
We follow the story of America's housing meltdown through one house -- Lot 354, a Spanish bungalow in Los Angeles. From former and current owners to real estate agents and neighbors, the characters and industries affected by Lot 354 tell the story of the rise and fall of America's housing market.
Posted In: Housing, foreclosure