Nov 9th 2010 9:00AM
Last year was difficult for Adline Peck and her husband. Peck, who lives in Inkster, Mich. was battling medical issues, and her husband had been laid off from work. Though they struggled to make their monthly mortgage payments, they continued to try their best, even if it meant sending in payments a week or two late.... Continue Reading »
Dec 18th 2009 1:00PM
With real estate prices plummeting across the country, one might expect some relief from the high cost of housing. But if you wince when you write your rent or mortgage check, you're in good company. A new report from the Center for Housing Policy finds that some 37 million American families now spend more than 30... Continue Reading »
Dec 11th 2009 6:00PM
Today's big news from Congress – the House passage of major financial reform legislation – shouldn't overshadow an important hearing Rep. Barney Frank's Financial Services Committee held earlier this week on how to minimize the damage wrought by the failures of the old order. In the face of evidence that... Continue Reading »
Dec 11th 2009 1:40PM
The foreclosure rate is down, home prices are up, and the government is finally getting tough with mortgage companies, according to the nation's top housing official. "We may be seeing the light at the end of the tunnel," Shaun Donovan, Secretary of the U.S. Dept. of Housing and Urban Development, told an audience of... Continue Reading »
