We've tried and seen the consequences of a laissez faire approach. The fact is that the market cannot correct itself. It's time for the guiding hand of government to provide the push that can send homeowners, communities and the economy on the road to recovery.

KUDOS to the Congressional Oversight Panel for publishing a thoughtful and thorough report last week on the mortgage documentation mess. It argued tha...

Last week, a jury in federal district court in Reno, Nev., awarded a group of 50 mortgage investors $5.1 million in punitive damages against defendant...

As Americans continue to lose their homes in record numbers, the Federal Reserve is considering making it much harder for homeowners to stop foreclosu...

LOS ANGELES — The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily...

WASHINGTON -- President Barack Obama defended his administration's beleaguered foreclosure-prevention initiatives on Wednesday by arguing that more ag...

An estimated 10,000 people were in line Friday morning when the Cal Expo Pavilion's doors opened on a five-day event aimed at helping distressed homeo...

LOS ANGELES — The number of U.S. homes lost to foreclosure surged in July, as lenders take back more properties from homeowners who have been in...

Thinking about defaulting on your mortgage? You might be putting a serious damper on the value of your neighbor's home. A single foreclosure can ...

LOS ANGELES — Rosalyn Dalebout rents out space in her home to three tenants, has cut off her phone service and canceled her earthquake and life ...

More than one in seven homeowners with loans in excess of a million dollars are seriously delinquent, according to data compiled for The New York Time...

LOS ANGELES — A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade t...

WASHINGTON — The foreclosure crisis appears to be leveling off. The number of people facing foreclosure is nearly flat from a year ago, accordi...

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

WASHINGTON — Millions of Americans are still likely to lose their homes in the coming years, but the foreclosure crisis is finally showing signs...

WASHINGTON — The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to as...

California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and...