foreclosure

Five big banks punished for illegal lending practices.

In the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders.

Federal and state authorities have reached an agreement with big banks on abusive foreclosure practices. What does this mean for states like Maryland?

Foreclosures are down, but a legal settlement may change the outlook.

Slowly, but surely, the foreclosure crisis seems to be abating.

States have until the close of the business day to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.

The Massachusetts attorney general on Thursday sued some of the nation's biggest banks, accusing them of "unlawful and deceptive conduct in the foreclosure process."

An analysis from the Center for Responsible Lending finds the foreclosure crisis isn't even halfway over.

Borrowers with mortgage troubles must wait a period of time before seeking another loan.

With lenders wary of repossessed houses and a foreclosure system that is bogged down, homeowners in distress are getting some unexpected breathing room.