REO to Rental: Fannie Mae Dips Further Into Foreclosure Pool" alt="REO to Rental: Fannie Mae Dips Further Into Foreclosure Pool" />

Fannie Mae waded further into the foreclosure pool on Monday as it released new details on its plan to sell its repossessed homes as rental properties. The pilot program, first announced in August as an effort to clear the mortgage giant's backlog of foreclosures, is launching with an initial offering of 2,490 ... Continue Reading »

1 in 4 Spend More Than Half of Income on Housing, Study Says" alt="1 in 4 Spend More Than Half of Income on Housing, Study Says" />

In the wake of the housing bust, almost 1 in 4 working families spend more than half their income on housing costs, according to a new study. The study by the Center for Housing Policy found that both homeowners and renters continue to struggle with housing costs since the market tanked in 2008. Between 2008 and 2010, ... Continue Reading »

Black Borrowers Face Higher Hurdles in Lending, Study Shows" alt="Black Borrowers Face Higher Hurdles in Lending, Study Shows" />

Qualifying for a loan in today's tight credit market is hard. But add race to the mix, and a borrower's odds can go from bad to worse, a new report suggests. In a study of loans created on Prosper.com, a peer-to-peer lending website where applicants are encouraged to include a personal photo, researchers found that black ... Continue Reading »

Presidential Getaways: Live Where the Presidents Played" alt="Presidential Getaways: Live Where the Presidents Played" />

War and peace, economic recessions, that little red telephone --it's enough to make a commander-in-chief's head spin. But when the president isn't toiling away at 1600 Pennsylvania, ever wonder where he travels to unwind? With the help of our partners at Realtor.com, we tracked down five of the most eclectic properties on ... Continue Reading »

Foreclosure Fire Sale: Will Bulk 'REO to Rental' Program Fly?" alt="Foreclosure Fire Sale: Will Bulk 'REO to Rental' Program Fly?" />

With an estimated 3.6 million more foreclosures expected over the next two years, the government-backed mortgage giants have a proposition for you: How'd you like to take a couple (hundred) homes off their hands? In a recently announced program, the Federal Housing Finance Agency, which regulates the quasi-government ... Continue Reading »