As foreclosure casualties mount, the Obama administration is expected to announce additional steps on Monday to get long-term help for troubled borrowers.
Mortgage program part of the problem?
The federal Making Home Affordable program, designed to save homeowners from foreclosure, may be doing more harm than good for borrowers and banks.
Extreme workouts: Borrowers scoring 2% mortgages
At 8 a.m., homeowner Rodney Wynn was drowning under his $1,800-per-month, 13.4% interest rate mortgage. But by 5 p.m., he had found some relief: a 4.7% loan with a $970 monthly payment.
Mortgages: Short Sales, a Long Process
New guidelines for how second-lien holders might be paid in short sales are expected to improve the process for homeowners and banks, but they don't go into effect until April 2010.
The Art of Mingling: Proven Techniques for Mastering...
Does the idea of going to a large party make your palms sweat and your mouth go dry? You are not alone. Many people suffer from minglephobia, a secret terror of large parties. Jeanne...
Manias, Panics, and Crashes: A History of Financial...
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