forbearance

Distressed Homeowners Aren't Using Help

In the last few years, outreach events by banks and nonprofits have been held all over the country, offering help to distressed homeowners. But even when they get personal invitations to these events, the vast majority of people who need mortgage modifications or short sales aren't showing up.

Unemployed and Seeking Shelter from the Storm

The housing crisis continues unabated, and millions of unemployed Americans remain at risk of ending up homeless. But additional government help is arriving from the Obama administration, and nonprofit agencies are making a difference in the efforts of some families to get help from their lenders.

Blockbuster Now Expects NYSE Delisting

Struggling video rental giant Blockbuster said Thursday that it expects to be delisted from the New York Stock Exchange after it failed to receive enough shareholder votes to authorize a reverse stock split.