WASHINGTON — The Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signe...
HuffingtonPost.com | Shahien Nasiripour | Posted 12.09.2009 | Business
This story has been updated Add Elizabeth Warren, the Harvard Law professor-turned-crusader for Main Street and the middle class, to the growing list...
HuffingtonPost.com | Shahien Nasiripour | Posted 12.08.2009 | Business
A revision to the House financial reform bill adds $3 billion in federal aid to help unemployed people facing foreclosure and $1 billion to fight urba...
HuffingtonPost.com | Shahien Nasiripour | Posted 12.07.2009 | Business
Just how badly is President Obama's $75 billion foreclosure program working out? Consider these newly-released numbers: Out of every 100 homeowners wh...
HuffingtonPost.com | Shahien Nasiripour | Posted 12.04.2009 | Business
FDIC Chairman Sheila Bair indicated Thursday that she is exploring the idea of reducing the principal on as much as $45 billion in mortgages her agenc...
The Minnesota Independent | Andy Birkey | Posted 12.01.2009 | Politics
In 2008, Rep. Michele Bachmann's district had the highest number of foreclosures in Minnesota and the highest rate of foreclosures. Now, as 2009 draws...
HuffingtonPost.com | Shahien Nasiripour | Posted 11.30.2009 | Business
Its signature foreclosure-prevention plan having definitively failed to actually help very many homeowners, the Obama administration today announced ...
AP | MARTIN CRUTSINGER | Posted 11.29.2009 | Business
WASHINGTON (AP/HuffPost)-- The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage...
AP | ALAN ZIBEL | Posted 11.19.2009 | Business
WASHINGTON — The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down hou...
Huffington Post | Julian Hattem | Posted 11.06.2009 | Impact
As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. Urangoo Baatarkhuyag, a ...
The Huffington Post | Julian Hattem | Posted 11.02.2009 | Business
As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. Representatives of the F...
Rep. John Conyers | Posted 10.23.2009 | Politics
It is mind-boggling to believe that with such a vast operation, banking giants like JP Morgan Chase were not the least bit aware of the wrongful subprime lending practices being undertaken.
Lita Smith-Mines | Posted 10.22.2009 | Business
My foray back into stores after a long, involuntary hiatus was disturbing. The parking spaces and aisles were vacant. I guess, when you lose your house to foreclosure, your closets go too.
Bruce Judson | Posted 10.21.2009 | Business
We are witnessing the unfolding of a chain of dangerous events associated with our collapsing middle class and increasingly two-tier economy.
The Huffington Post | Julian Hattem | Posted 10.20.2009 | Business
As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. In Visalia, Calif., hundr...
Arianna Huffington | Posted 10.10.2009 | Business
As bad as America's foreclosure crisis is -- and it's very bad, with over 300,000 homes receiving a foreclosure filing every month -- it's being made even more devastating by the lack of legal assistance available to beleaguered homeowners. READ MORE More HuffPost Game Changers: Politics and Style Announcing My First Pick for the HuffPost Book Club: In Praise of Slowness Attention Fellow Book Lovers: HuffPost's New Books Section Is Here WATCH: Arianna Discusses Race Relations, Letterman Scandal On Joy Behar Show
McClatchy Newspapers | Chris Adams | Posted 10.04.2009 | 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 ...
The Huffington Post | Julian Hattem | Posted 11.30.2009 | Business
As part of the Huffington Post's effort to bear witness to the effects of the current economic environment on ordinary Americans, we're rounding up so...
HuffingtonPost | Julian Hattem | Posted 11.28.2009 | Business
As part of the Huffington Post's efforts to bear witness to the effects of the current economic environment on ordinary Americans, we're rounding up s...
The Huffington Post | Julian Hattem | Posted 11.24.2009 | Business
As the Huffington Post continues to bear witness to the effects of the current economic environment on ordinary Americans, we've found additional comp...
Lita Smith-Mines | Posted 11.16.2009 | Living
A former client sadly related that her home is "worth less than $600,000 and we owe close to $800,000. I can't sleep. I can't eat. I can't believe what I've lost."
AP | Posted 11.14.2009 | Business
UPDATED: Check out PHOTOS of the $12 million Malibu beach home that Cheronda Guyton partied in. MALIBU, Calif. — Wells Fargo & Co. has fired a...
HuffingtonPost.com | Arthur Delaney | Posted 11.09.2009 | Business
Twelve percent of distressed homeowners eligible for mortgage modifications under the Obama administration's signature effort to reduce foreclosures h...
Roberto G. Quercia | Posted 11.08.2009 | Business
Irrational exuberance? We think not. Market participants responding rationally to a range of short term economic incentives are the root causes of the crisis.
Michael Intriligator, Jud Ireland, and Kyle Martin | Posted 10.23.2009 | Business
As we see it, it is now time to adopt the GMAP initiative and other bottom-up economic solutions to address the recession so that we may avoid a Japanese-style "lost Decade."
AP | ALAN ZIBEL | Posted 12.10.2009 | Business