iOS app Android app

Housing Crash

Mozilo: 'I Have No Regrets'

The Huffington Post | Mark Gongloff | Posted 12.13.2012 | Business

Angelo Mozilo is the smartest man in the world. The Salmon-American hero of the housing boom that sadly ended for no apparent reason a few years ag...

Welcome To The Anti-Foreclosure Show

Reuters | Posted 02.06.2013 | Business

* NACA has hosted more than 100 events to assist homeowners * Group plays middleman between borrowers and banks * Forecl...

The Housing Market Just Might Be Turning Around

AP | CHRISTOPHER S. RUGABER | Posted 09.17.2012 | Business

WASHINGTON — Builders are putting up more houses than they have in nearly four years, a long-awaited recovery that could help energize the U.S. ...

Foreclosure Victims Get Another Underwhelming Payday

The Huffington Post | Alexander Eichler | Posted 06.22.2012 | Business

For homeowners trying to get reparations in the wake of the foreclosure crisis, it's been a hit-or-miss experience. This week, another group of Americ...

Warren Buffett Just Bet Almost $4 Billion That The Housing Market Will Recover

The Huffington Post | Alexander Eichler | Posted 06.18.2012 | Business

Warren Buffett seems pretty confident the housing market is making a comeback. How confident? Well, he just ponied up $3.85 billion for a mortgage...

It's the Housing Bubble, Stupid

Chris Ladd | Posted 08.14.2012 | Politics
Chris Ladd

After all that's happened in the past half-decade, why can't economists look around? The housing bubble took an extraordinary toll on American households, but economists have yet to meaningfully grapple with its impact.

The Cities Most Devastated By Foreclosure

24/7 Wall St. | Michael B. Sauter | Posted 05.25.2012 | Business

From 24/7 Wall St.: According to data released last week, the worst effects of the housing crisis are beginning to wind down. RealtyTrac’s latest re...

Fake Real Estate Agent Allegedly Bilked Buyers With Open Houses In Foreclosed Homes

The Huffington Post | Harry Bradford | Posted 05.24.2012 | Business

One real estate scammer in Florida seems to have taken the term “open house” a little too literally. Paul Vencatasawmy allegedly raised $250,00...

First-Time Homebuyers Boost Sales Of Previously Owned Homes

AP | MARTIN CRUTSINGER | Posted 07.22.2012 | Business

WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend....

'We Are Right Back Where We Were Two Years Ago'

Reuters | Posted 06.04.2012 | Business

By Nick Carey GARFIELD HEIGHTS, Ohio, April 4 (Reuters) - Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans a...

The Housing Bottom Is In, Says Bank Of America

The Huffington Post | Mark Gongloff | Posted 03.22.2012 | Business

Bank of America probably hopes its economists have this one right. In a new research report on Thursday, Bank of America-Merrill Lynch mortgage str...

Huge Number Of America's Senior Citizens Can't Afford Basic Needs

The Huffington Post | Alexander Eichler | Posted 03.02.2012 | Business

More than 9 million older Americans can't pay their bills. The costs of living -- basic expenses like food, housing, health care and transportation...

The Rent Is Too Damn High In Every State In America

The Huffington Post | Alexander Eichler | Posted 02.17.2012 | Business

The poorest people in America are running out of places to live. In every state in the country, there are people looking for cheap rental housing -...

Policy Follies in the Housing Market: The First-Time Homebuyers Tax Credit

Dean Baker | Posted 04.14.2012 | Business
Dean Baker

If this policy had been proposed by liberals with the idea of helping the poor, its failure likely would have been a huge political issue in the 2012 election and likely for many years beyond.

SEC May Target Big Banks In Lawsuit Over Mortgage-Backed Securities

The Huffington Post | Alexander Eichler | Posted 02.09.2012 | Business

Regulators may be preparing a lawsuit against some of the country's largest banks in order to probe their role in the acceleration of the financial cr...

Alexander Eichler

Job Relocation Help Less Likely For Homeowners

HuffingtonPost.com | Alexander Eichler | Posted 02.02.2012 | Business

The percentage of people moving for new jobs fell to a near-historic low in the second half of 2011, according to a recent report, as the housing bust...

Housing Bust Continues To Haunt Big Banks

AP | By PALLAVI GOGOI | Posted 01.14.2012 | Business

NEW YORK -- The economy may be healing, but banks are suffering from a housing hangover. JPMorgan Chase spent $3.2 billion last year to fight lawsuit...

DOJ Pushes Giving Foreclosure Mediation A Boost

The Huffington Post | Jillian Berman | Posted 01.10.2012 | Business

Suddenly all the government agencies are giving their two cents on foreclosure. Foreclosure mediation, the process whereby homeowners negotiate wi...

DOJ Reaching Out To Smaller Lenders As It Nears Mortgage Settlement With Big Banks

Reuters | Posted 03.10.2012 | Business

* Officials talk to smaller servicers about settlement * Servicers had entered consent orders with regulators * Announce...

Foreclosure Not Best Solution To Housing Crisis: Fed Report

The Huffington Post | Jillian Berman | Posted 01.04.2012 | Business

More than four years into the housing crisis, and after millions of Americans have lost their homes, Federal Reserve Chairman Ben Bernanke is finally ...

Pamela Anderson Ready To Rent

The Huffington Post | Ann Brenoff | Posted 11.29.2011 | Business

Pamela Anderson has been a poster girl for many things, and now she may become the face of the sluggish high-end real estate market. The former "Baywa...

Government Sues Major Mortgage Lender For Billions Over Faulty Loans

Posted 01.01.2012 | Business

The government sued Allied Home Mortgage Capital Corp and two top executives for at least $2.5 billion, accusing the company of fraud for misleadi...

Cities With The Most Underwater Mortgages

24/7 Wall St. | Michael B. Sauter, Charles B. Stockdale | Posted 10.25.2012 | Business

From 24/7 Wall St.: Earlier this week, President Obama announced he would extend the mortgage refinancing program in an effort to provide relief to ho...

Housing Crisis Made Young People Less Confident In Homeownership: Study

The Huffington Post | Jillian Berman | Posted 12.20.2011 | Business

The housing crisis has made young people less confident in the idea of homeownership, while its had the opposite effect on older Americans, a new stud...

Fed's Tarullo: Housing 'Continues To Hang Like An Albatross' On Economy

Posted 12.20.2011 | Business

NEW YORK (Reuters) - The Federal Reserve should consider buying more mortgage bonds to support a fragile economic recovery and a downtrodden housi...