Foreclosure

Home Sales Slow in June

House for SaleThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in June fell 1.2% to 5.08 million...

How This Family of 4 Lives Well on Just $14,000 a Year

Danielle Wagasky, her husband, and two kids live well and happily on just $14,000 a year: She's been sharing her efforts to live meaningfully and frugally on her blog, "Blissful and Domestic," since 2009, and was happy to tell us how she and her family make it work.

Home Ownership: American Dream or Nightmare?

Here's more evidence that the foreclosure crisis has changed the way we think about home ownership's place in the American dream. Nearly half of those polled in a newly released survey said that owning a home today was a "nightmare." But not all polls reflect such a pessimistic view.

Will Obama Refinance Your Mortgage?

Several press reports claim that the Obama administration is considering a program that will let struggling homeowners refinance at current mortgage rates. With rates at all-time lows, refinanced mortgages could save people hundreds, if not thousands of dollars a year.

Short Sales: Are They Worth the Trouble?

For anyone who has braved the housing market in the past four years, short sales have become synonymous with high risk and high reward. But with so many discounted properties on the market today, are they really worth a buyer's trouble? Maybe -- if you have a lot of time and a strong stomach.

America's Sickest Housing Markets

For three years, the real estate market has been going in one direction - primarily down. Some areas, however, have begun to recover. Recent...

Can't Get Credit? You May Be Living in the Wrong State

Credit is ever so personal, and ultimately it's your responsibility -- but it's not solely about you. Your state's creditworthiness can impact you too. For that reason, CardRatings.com's recently released rankings of the 10 Best and Worst States for Consumer Credit is worth a look-see.

New Business for Big Banks: Slumlording

The nation's biggest bailed-out banks have unintentionally entered a new line of work: slumlording. In some cases, major banks have created whole neighborhoods of abandoned and deteriorating foreclosure properties -- and a blight on local municipalities.

Why Many Americans Are Running Out of Hope

So much for "hope." A new poll indicates that a record number of Americans think the country is headed toward a depression -- with a capital D. DailyFinance's Regina Lewis weighs in on why we're so bummed out about the economy.

Is Your Financial Situation Grave? Try Zombie Economics

If you've ever felt like your debts were going to eat you alive, the authors of "Zombie Economics" have some advice for you: Battle for your financial survival with the same methods you'd use to fight off an approaching horde of the shuffling, brain-chomping undead.

Big Banks Ordered to Reimburse Homeowners

The federal government on Wednesday ordered 16 mortgage lenders and servicers, including four of the nation's largest banks, to reimburse homeowners who were incorrectly foreclosed upon.