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Upside Down Mortgages

Those Walking Away From Mortgages Aren't Who You'd Expect

AOL Real Estate | Catherine New | Posted 07.11.2011 | Business

Like so many American homeowners, he lost his job in the financial crisis and watched the value of his house plunge. Unable to modify his loan -- and ...

William Alden

Foreclosure Repossessions Hit Record High in August

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

August saw more Americans lose their homes to foreclosure than any other month on record, RealtyTrac reported today. Banks repossessed a total of 9...

Half Measures and Lukewarm "Reform" Won't Save the Middle Class

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

Let's hope that when Obama speaks Congress he outlines not only a bold program to provide health care for all Americans, but also a set of proposals to lift the middle class out of its currently dismal economic condition.

Nearly 30% Of Homes Are Worth Less Than Their Mortgage

Chicago Sun-Times | Francine Knowles | Posted 05.25.2011 | Chicago

More than 30 percent of single-family homes in the Chicago metropolitan area had mortgages that were greater than the value of the home at the end of ...