home loan

Financial advice columnist Laura Rowley recently received an email from a homeowner who had negotiated a successful mortgage modification, but may end up as a short-sale candidate anyway -- because she can't finance home repairs. Her options are limited, but possible solutions do exist.

In a Senate panel hearing Monday, the Iowa attorney general said the problems in the home-loan industry extend well beyond just "robo-signing." A system-wide overhaul is needed, he said. But banks say any mistakes were merely procedural. Were homeowners wrongly forced out of their homes?

Putting the brakes on the bill, which the House of Representatives passed in April and the Senate approved last month, signals caution at a time when allegations of flawed foreclosure documents are popping up across the nation.

The average 30-year fixed-rate mortgage fell to a bargain-basement 4.27% for the week ending Oct. 7, a new record low, Freddie Mac announced Thursday. That's down from the 4.32% rate last week, and way below the 4.87% rate that prevailed at this time last year.

Loan modification scams just won't go away, with new reports daily. But now a coalition of nonprofits has come together to make it easier to report the scams to authorities via a new electronic form. The form adds to an already robust effort by one of the partners, NeighborWorks -- detailed...

This is enough to make me want to move to Pennsylvania. The state will give you a loan of up to $60,000 to pay your mortgage and taxes to keep your house if you lose your job. Whoever thought of this program, I am sending you cyber hugs. No, no, actually, I am nominating you for president. You...

The idea behind the $75 billion Home Affordable Mortgage Program is to give homeowners facing foreclosure a means to get lower monthly payments and stay in their houses. The participants must successfully complete a trial period and provide additional documentation to prove that they're able to...