Forestalling Foreclosure

A plan backed by the Obama administration would help desperate homeowners stay in their houses while they renegotiate their deb ...more

Foreclosures Halted Until March at Citi and JPMorgan

The two big banks are awaiting the Obama administration’s plan to modify troubled home loans. ...more

Rescue Plan for Housing in the Works

The administration is developing a standardized way to fix the mortgages of people near foreclosure. ...more

Senate Advances Tax Break for Homebuyers

Lawmakers hope the tax break, up to $15,000 for a primary residence, could lift the housing market. A final vote in the Senate on the stimulus plan could come on Thursday. ...more

House Prices Enter Free Fall

The Case-Shiller 20-City index showed house prices falling by 2.2 percent in November, bringing their annual rate of price decline to 22.3 percent over the last quarter. Nominal prices in this index have now fallen by 25.1 percent from their peak in June of 2006. ...more

Home Price Index Fell Again in Nov.

Battered home values in 20 of America’s biggest metropolitan areas fell even farther in November, according to a widely watched measure of housing prices released Tuesday. ...more

Fed Adopts Program To Stem Foreclosures

With its bailouts of Bear Stearns and American International Group, the Federal Reserve took a vast portfolio of mortgages onto its books. Now, it is trying to use its control of billions of dollars worth of home loans to help prevent foreclosures. ...more

Costs and Tighter Rules Thwart Refinancings

Interest rates are falling, but many potential borrowers may not qualify for the best rates. ...more

Future of Housing: Toward the Open Source Home

The housing market is in shambles. Thanks to years of unsavory lending practices, home foreclosures are at record highs across the country, and what was once a safe, reliable investment -- or at least something to "flip" for a quick profit -- has become an outright liability. ...more

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