The national foreclosure rate increased by more than 3 percent in October compared to the previous month. Some groups across the country are trying to change that by buying underwater mortgages and keeping families in their homes.
Some analysts believe home buyers' willingness to take out mortgages might be running ahead of banks' willingness to lend to them. But there are likely other factors at play.
The Federal Housing Administration's annual report is due out this week, and there's concern that the agency, which insures more than a trillion dollars in mortgages, is in big financial trouble.
Costco hopes getting a mortgage through the big box retailer will bring more customers into the store for the things they'll need to furnish those homes.
One retiree is seeking to sell her house and move. But she wonders whether it would be wiser to pay for a house with cash or carry a mortgage in retirement.
This week, Fannie and Freddie quietly put out some "clarifying language" that could mean a lot to some beleaguered homeowners in California and in other states.