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."
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.
The Real Economy
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.
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.
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…
Marketplace worked with Los Angeles public TV station KCET and its show, SoCal Connected, to tell the story of a single home, and that home's place in the American economy. Kai Ryssdal gives us a sneak peek inside "Lot 354."