Bernanke: Fed Should Help Turn Foreclosures Into Rentals" alt="Bernanke: Fed Should Help Turn Foreclosures Into Rentals" />

Most of Washington's initiatives to staunch the flow of foreclosures glutting the housing market have been woefully inadequate. (We're looking at you, HAMP, HAFA and HARP). But a new idea put forth by Federal Reserve Chairman Ben Bernanke might actually make a dent in the bank-owned backlog: Allow renters to move into ... Continue Reading »

Tennessee Home Burns as Firefighters Watch" alt="Tennessee Home Burns as Firefighters Watch" />

For one Tennessee family, perhaps the only thing worse than watching their home burn down was watching the firetrucks hang back as it was engulfed in flames. Near the rural town of South Fulton, Tenn., outlying homeowners are required to pay a subscription fee to subsidize the fire department, local TV station WPSD ... Continue Reading »

Man Sells Sister's Home as She Was Cloistered in Nunnery" alt="Man Sells Sister's Home as She Was Cloistered in Nunnery" />

Sibling rivalry is one thing, but swindling this sort of sister crosses the line. Teresa Nadia Pedulla, an Australian homeowner who had been living abroad with an order of Italian nuns, is being awarded $3.8 million by the New South Wales government after her brother illegally sold her estate, according to The Sydney ... Continue Reading »

Survey: Most Boomers Would Cover Kids' Down Payment" alt="Survey: Most Boomers Would Cover Kids' Down Payment" />

Baby boomers may be in a better position than most to buy homes, but not before helping Junior out of a bind. A national survey found that at least two-thirds of boomers age 45 and up want to help their children or grandchildren with a home down payment. The study, conducted by Meredith Research Solutions for Better ... Continue Reading »

Rent This Way: Lady Gaga's Pre-Stardom Pad Hits Market" alt="Rent This Way: Lady Gaga's Pre-Stardom Pad Hits Market" />

Get your paws up and your checkbooks out, little monsters. The one-bedroom Lower East Side apartment where starving artist Stefani Germanotta became Lady Gaga is back on the market. For $1,850 a month, you too can experience the pre-stardom glow of living well beyond your means in the hope of making it big. A tour of ... Continue Reading »