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  • Homeowners Fall Behind—Even After Loan Modifications Wednesday, 30 Sep 2009 | 3:01 PM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again.

  • US Cracks Down on Two Mortgage Companies Thursday, 17 Sep 2009 | 10:51 AM ET

    Federal authorities are cracking down on two companies that promised homeowners help with their mortgages, accusing them of posing them as government agencies.

  • Growing Michigan College Swaps Tuition for Property Monday, 14 Sep 2009 | 8:35 AM ET

    A bargain hatched by two school administrators over lunch will give a private Michigan university space to grow and local students a significant perk if they attend their hometown college.

  • Avoiding the Financial Abyss: Success Without Glory Sunday, 13 Sep 2009 | 8:32 AM ET
    New York Stock Exchange

    Halting the financial sector's death plunge is arguably the government's most measurable achievement this year. Yet as President Barack Obama observes the one-year anniversary of Lehman Brothers' collapse, his administration's increasingly sunny assessment of Wall Street's rebound faces a hard sell.

  • Next Hit for Jobless: Losing Unemployment Benefits Thursday, 3 Sep 2009 | 6:54 PM ET
    Unemployment

    More than 1.3 million Americans' unemployment insurance benefits will run out by the end of the year, placing extra strain on an economy that is just starting to recover from the worst downturn in a generation.

  • Madoff's Long Island Beach Getaway Put Up for Sale Tuesday, 1 Sep 2009 | 8:46 AM ET
    Bernie Madoff

    Those who see Bernard Madoff as an evil purveyor of excess might be disappointed by his beach house: It's not that palatial.

  • UK House Prices Rise Again in August: Nationwide Thursday, 27 Aug 2009 | 3:53 AM ET

    House prices in Britain rose by 1.6 percent in August, slowing the annual fall in prices as low interest rates helped support the market, a major mortgage lender said Thursday.

  • Fannie Regulator Names Interim Replacement for Lockhart Thursday, 6 Aug 2009 | 10:26 AM ET

    The federal agency that regulates Fannie Mae and Freddie Mac named Thursday an interim replacement for its director, who is stepping down at the end of the month.

  • For Mortgage Help, Government Wants Public Shame Monday, 3 Aug 2009 | 2:29 PM ET
    Mortgage Problems

    The Obama administration wants to shame the mortgage industry into doing a better job of helping borrowers avoid losing their homes to foreclosure.

  • A foreclosed home for sale.

    Even as Americans suffer rising unemployment, foreclosure rates in three states hit hardest by the housing bust stabilized in June, offering fresh hope that the worst is over.

  • New-home sales rose by the largest amount in nearly nine years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades.

  • Ameriprise Paying $17.3 Million to Settle SEC Case Friday, 10 Jul 2009 | 12:30 PM ET
    SEC

    Ameriprise Financial Services on Friday agreed to pay more than $17 million to settle federal regulators' charges that it failed to disclose nearly $31 million received for selling certain investments to its brokerage customers.

  • Assets Are Less Toxic, but Banks Have Other Troubles Thursday, 9 Jul 2009 | 5:21 PM ET

    With bad home mortgages  on the back burner, the big threat to the economy is now believed to be troubled credit card, commercial real estate and commercial industrial debt.

  • Madoff Office for Lease; Offers River View and Stigma Thursday, 9 Jul 2009 | 3:06 PM ET
    Offices of Bernard L. Madoff Investment Securities LLC, New York

    A  floor used by Madoff in the midtown Manhattan high-rise known as the Lipstick Building has been emptied out and put up for lease.

  • World Trade Center Developer Threatens Arbitration Monday, 6 Jul 2009 | 4:12 PM ET

    The developer of the World Trade Center site has threatened to go to arbitration to settle a monthslong impasse to rebuild ground zero.

  • Criminal Charges Filed Against Beazer Homes Wednesday, 1 Jul 2009 | 5:36 PM ET
    Beazer Home

    Federal prosecutors in North Carolina filed criminal fraud conspiracy charges against Beazer Homes USA on Wednesday, but they agreed to dismiss the case if the company complies with an agreement accepting responsibility for certain wrongdoing and pays millions to victims.

  • Freddie Mac Receives $6.1 Billion in New Funds Wednesday, 1 Jul 2009 | 10:54 AM ET

    Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday.

  • Geithner, Facing Sluggish Market, Rents His NY Home Wednesday, 3 Jun 2009 | 1:24 PM ET
    Timothy Geithner

    The real estate market's troubles are hitting close to home for Treasury Secretary Timothy Geithner.

  • First-Time Homebuyers May Be Eligible for US Loans Friday, 29 May 2009 | 3:54 PM ET

    Thousands of first-time homebuyers will be able to get short-term loans so they can quickly make use of a new $8,000 tax credit to pay for some of the costs of buying a home purchase.

  • Sharp Rise in Mortgage Rates Thwarts Refinancing Plans Thursday, 28 May 2009 | 6:02 PM ET

    Mortgage rates at some lenders spiked by as much as 1 percent on Wednesday and saw little relief on Thursday, mortgage brokers said.

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