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Occupy Kindness: Community Saves Single Mom's Home

Patience Salgado | Posted 10.03.2012 | Good News
Patience Salgado

There were just four days left to save Rain Burroughs' home. It was a long shot but her friends got organized, just like they have so many times before for the causes and people they believe in.

Homeowners Turn To Representing Themselves In Foreclosure Court

The New York Times | David Streitfeld | Posted 05.25.2011 | Business

Lawyers are scarce and free legal assistance is overwhelmed in New Mexico, so a community center here is offering an hourlong class in how to download...

WATCH Bill Maher: Jewel-Encrusted Bras And The Case For Wealth Redistribution

Posted 05.25.2011 | Comedy

How is it that headlines about a $2 million jewel-encrusted bra can coexist in the same newscast alongside stories about 10 percent unemployment and r...

10 Percent Of Homeowners Will Hit Major 'Walk Away' Point By June 2010

New York Times | DAVID STREITFELD | Posted 05.25.2011 | Business

After three years of plunging real estate values, after the bailouts of the bankers and the revival of their million-dollar bonuses, after the Obama a...

Gretchen Morgenson: Why The Treasury Needs A Plan B For Mortgages

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

A stalled loan modification plan might not be worrisome if the foreclosure crisis were abating. Yet at the end of September, a record 14.4 percent of ...

Foreclosures Growing In Housing Market's Top Tiers

Wall Street Journal | NICK TIMIRAOS | Posted 05.25.2011 | Business

About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years a...

1 Out Of 4 Borrowers In Anti-Foreclosure Program Are Late Paying New Mortgage Bill

Washington Post | Renae Merle | Posted 05.25.2011 | Business

So far, more than 650,000 borrowers have been enrolled into the initial, or "trial," phase of the program and have seen their payments lowered by an a...

Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 05.25.2011 | Business

WASHINGTON -- The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of ...

Bank of America Trailing Behind Other Banks In Mortgage Relief

Washington Post | Renae Merle | Posted 05.25.2011 | Business

Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center...

Homeowners Left In Limbo As Banks Delay Foreclosure | Renae Merle | Posted 05.25.2011 | Business

A growing number of American homeowners are falling into financial limbo: They're badly behind on payments, but their banks have not yet foreclosed. ...

Military Towns' Foreclosures Surge At Four Times The National Average

Bloomberg | Kathleen M. Howley | Posted 05.25.2011 | Business

U.S. Air Force Technical Sergeant Jeffrey VerSteegh, who repairs F-16 jets for the 132nd Fighter Wing, departed Des Moines, Iowa, in April for his thi...