Mortgage Payments

One Sign The Housing Market May Be Starting To Rebound

AP | ALEX VEIGA | Posted 05.09.2012

LOS ANGELES -- The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level ...

Bank Of America Tells Woman To Miss Mortgage Payments, Then Forecloses On Her House

The Huffington Post | Alexander Eichler | Posted 04.10.2012

Here's how Pamela Flores tells it: A couple years ago, she found that she couldn't keep making mortgage payments on her Atlanta house. She says she...

Watchdog To Propose New Rules That Could Save Homes

AP | DEREK KRAVITZ | Posted 04.10.2012

WASHINGTON — The federal government proposed new rules on Tuesday that will give homeowners more ways to avoid foreclosure and get an accurate a...

For Cash-Strapped, This Is A Priority

AP | PALLAVI GOGOI | Posted 05.29.2012

NEW YORK — The recession and its hangover may have turned bill-paying habits upside down. Cash-strapped Americans are paying off their car loans...

An Open Letter to America

Trisha Ocona Francis | Posted 04.03.2012

Trisha Ocona Francis

Why did the banks get billions of dollars in a bailout when many failed, but as a working, tax-paying citizen, my cries were left on deaf ears? How do I get out and become free again? I know everything is a risk including homeownership, and it comes with a lot of sacrifice.

Mortgage Delinquency Rates Expected To Plunge Next Year

AP | EILEEN AJ CONNELLY | Posted 02.06.2012

NEW YORK — If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly...

Homeowners Having Harder Time Making Their Mortgage Payments

AP | EILEEN AJ CONNELLY | Posted 01.08.2012

NEW YORK — While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a har...

Report: Officials Working With Banks On Mortgage Refinancing Plan

Posted 12.18.2011

Officials and big banks are working on a plan that would make refinancing available to some borrowers whose houses are worth less than their loans...

Seriously Delinquent Mortgages Again On The Rise

Posted 11.29.2011

WASHINGTON - Borrowers are making their mortgage payments on time more frequently compared to a year ago, but delinquency rates remain elevated as...

If You Suddenly Needed $1,000, Where Would You Turn?

Posted 10.11.2011

Asked what they'd do if unexpectedly required to come up with one thousand dollars, the vast majority of Americans say they would look to means outsid...

In the Wake of the Recession, Bankruptcies Hit Women, Communities of Color Hard

Dory Rand | Posted 07.06.2011

Dory Rand

Every year in Cook County, thousands of women are facing tough choices and making the difficult decision to declare bankruptcy, a decision that has the potential to dramatically change someone's life.

CHART: Americans Begin Paying Credit Cards First, Mortgages Second

The Huffington Post | Maxwell Strachan | Posted 06.06.2011

The recession has forced many struggling families across the country to confront a difficult decision: pay off credit card bills or make mortgage paym...

Shahien Nasiripour

Obama To Order Lenders To Cut mortgage Payments For Unemployed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

This story has been updated More than one year after the Obama administration launched the most ambitious effort to help struggling homeowners since ...

Bank VP Says Zero Mortgages Modified At His Bank, Instead Homeowners Get 'Runaround' (VIDEO)

Posted 05.25.2011

A vice president at one of the nation's biggest banks told ABC News that his bank works to give struggling homeowners "the runaround" by directing the...

Credit Card Or Mortgage: Consumers

businessinsider.com | Vincent Fernando | Posted 05.25.2011

Credit history company TransUnion has found that Americans are shifting their priorities when it comes to paying down debt. Consumers are paying down...

Should We All Stop Paying Our Mortgages?

Rohit Chopra | Posted 05.25.2011

Rohit Chopra

Tens of thousands of American families may remember Christmas of 2009 as the last time they'll spend a holiday in a home they own. Yet 2010 might not look much prettier.

Keeping the Love Alive With Your Credit

Jeanne Kelly | Posted 05.25.2011

Jeanne Kelly

Yes, credit is a lot like love. We all want it. We all need it. But it's a two way street, and finding ways to maintain it is the key.

Transforming Homeowner Violence Into A Mortgage War Plan

Iris Martin | Posted 05.25.2011

Iris Martin

Homeowners suffering from payment shock and foreclosure syndrome are not getting the psychological help they need to survive escalating vicious attacks by their lenders If payment shock and foreclosure syndrome is not treated as the national epidemic that it is, affecting over sixteen million homeowners, homeowner violence will increase, as will homeowner suicide. Toxic lenders and their cohorts, government cronies, co-conspirators and attorneys need to be punished -- in a court of law, not on the front lawn.

New Mortgage Crisis Looms, Number Of Defaults Expected To Double

AP | MATT APUZZO | Posted 05.25.2011

WASHINGTON — Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic ...

Paper: Are You An Idiot To Keep Paying Your Mortgage?

San Francisco Chronicle | Kathleen Pender | Posted 05.25.2011

Should you keep paying your mortgage? If you have significant equity in your home, absolutely. If you don't, it's getting harder to answer that ques...