Owners of Hungry Pets Can Now Turn to Pet Food Stamps
There is no federal program to help the needy feed their cats and dogs, but one enterprising entrepreneur has stepped in to fill the void by creating food stamps for pets.
Foreclosures
Home Foreclosures Fall to Lowest Level in 5-Plus Years
The number of homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation's foreclosure crisis is abating.
Why You May Be Feeling Left Behind in the Economic Recovery
Many of the U.S. economy's vital signs have recovered from the damage done by the Great Recession, but some measures have a way yet to go.
Guess What Wall Street's Doing With Foreclosed Homes?
Despite the new housing construction boom, there are still lots of empty foreclosures out there, which banks have been trying to rent. But now, Wall Street wants to bundle those rental properties into securities and sell them to investors. Does this sound disturbingly familiar?
Late-Payment Rate on U.S. Mortgages Hits 4-Year Low
Homeowners who took on mortgages well after the housing bubble burst are doing a better job in keeping up with payments, a trend that has helped push the national rate of late payments on home loans to the lowest level in four years.
Home Prices Rose in December by Most Since May 2006
U.S. home prices rose 8.3 percent in December compared with a year earlier, according to data Tuesday from CoreLogic, a real estate data provider. That is the biggest annual gain since May 2006. Prices rose last year in 46 of 50 states.
Goldman Sachs, Morgan Stanley Pay $557 Million in Mortgage Case
The agreements announced Wednesday with the Federal Reserve were similar to deals struck earlier this month with 10 other major banks and mortgage lenders, relating to wrongful foreclosures. Combined, the 12 firms will pay more than $9 billion.
10 Top Banks Agree to Pay $8.5 Billion for Foreclosure Abuses
Ten major banks and mortgage companies have agreed to pay $8.5 billion to settle complaints that they wrongfully foreclosed on homeowners. Under the settlement, people who were wrongfully foreclosed on could receive from a few hundred dollars up to $125,000.
Disabled Couple Used Paper Route to Save Home From Foreclosure
Together, Mike and Lora Zook have faced cancer, a disabling accident, a crippling genetic disease, and even a fire that almost destroyed their home. What they couldn't face was the idea of losing their home to foreclosure.
Fighting Off Foreclosure: One Woman's Three-Year Ordeal
When even a single home goes into foreclosure, the effects can be far reaching. In the case of Dee, when she faced foreclosure on her home in Prince George's County, Maryland, the potential hardship extended well beyond her immediate family.
Foreclosures Fall to 5-Year Low
The wave of foreclosures hitting the nation's housing market has been much less severe than anticipated, with foreclosure filings at their lowest level in five years last month, according to a report out Thursday.
Credit Card Debt Payoff: How She Shed $32,000 in 22 Months
In 2008, when the foreclosure crisis was raging, Simone Griffin spent her days counseling homeowners behind on their mortgage payments, and her nights worrying about the precarious state of her own finances: $32,000 in debt on two credit cards. Then came her "scared straight" moment.
Home Prices Rose in 20 Major U.S. Cities in July
Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures. National home prices increased 1.2 percent in July, compared to the same month last year.
Economy by the Numbers: Are We Better Off Than We Were in 2008?
This fall, as Americans prepare to mark their ballots, Republicans are hoping that voters' minds will be focused on one (and only one) simple question: Are you better off today than you were four years ago? Unfortunately for the GOP, the answer isn't quite as clear as they'd like.
Did Capital One Target Deployed Soldiers for Foreclosure?
Legally, banks are forbidden to foreclose on the homes of our nation's deployed servicemembers, and they're supposed to cut them a break on credit card interest, too. Seems Capital One has been breaking those rules -- but it may not be a scandal.