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The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and U.S. states has been sent to state officials for review.
Atlanta's Bank of America Plaza is one of the 10 tallest structures in the U.S. And thanks to troubles at its namesake bank and other one-time tenants, the skyscraper could be one of the tallest foreclosure tales of the financial crisis.
Americans' economic health appears to be edging closer to code red: The Consumer Distress Index fell sharply in the third quarter, indicating that more of us are falling behind financially.
Janet's a lawyer who's losing her home, and she knows: When it comes to foreclosure, bureaucracy and paperwork can be your friends. Her foreclosure process has lasted for nearly 900 days, and counting. For homeowners in dire financial straits, her story is a lesson in how to keep a roof over your head as long as possible.
There must be something in the cheese: Four of the top 10 American cities for credit scores are in Wisconsin, and four more are in nearby Midwest states, according to a new analysis by Experian. But all is not sunny in the South, where the cities with the worst scores are concentrated.
In this cloudy economy, we're all constantly hunting through the news and statistics for silver linings. Here's one that looks promising: In the first nine months of 2011, personal bankruptcy filings decreased 10% compared to a year earlier -- but experts say it's nothing to cheer about.
If you lost your job, how long could you continue to pay your mortgage? For two out of three homeowners, the answer is: Not as long as the average time it takes to find a new employer. If you're one of them, we have expert advice on building up a safety net that will help you stay ahead of the falling economy.
Attitudes toward mortgage default are shifting in America. People who've never missed a payment on anything in their lives are walking away from underwater homes, even when they can afford their monthly payments, because staying doesn't make financial sense. But how good a business decision is a strategic default?
For real estate buyers who have the cash and credit to take advantage of historically low mortgage rates, there is one market type that tends to be more resilient than others: the college town. Consider investing in one of these 10 student meccas.
More than any other demographic, Latino homeowners were slammed by the mortgage crisis: Two-thirds of total Hispanic wealth in the U.S. evaporated from 2005 to 2009. But as the fastest growing demographic in the nation, they are also well positioned to power the housing rebound.

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ALU
Alcatel-Lucent (ADR)
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GE
General Electric Company
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F
Ford
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CIE
Cobalt International Energy
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LNKD
LinkedIn Corp.
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Alcatel-Lucent (ADR)
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NBG-A
National Bank of Greece SA (ADR)
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188,505
OSG
Overseas Shipholding Group, Inc.
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1.88M
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