The Federal Housing Administration today will ask the public for ideas to help clear out the nation's stock of foreclosed homes. One idea gaining steam is to get foreclosed properties off the market by renting them out.
Right now there are no rules governing mortgage servicers, the people who take a borrower's monthly payments and distribute the money to investors. The Senate Banking Committee debates some new standards today
Signing divorce papers may mean your marriage is over, but not your mortgage. Many divorcees end up in financial limbo over the homes they shared with their spouses.