homeowners

A Home to Retire In

Mary and Harold Hunt bought their dream home in California, but they had to make a few life changes in order afford a new house for retirement.

Refinancing Tips: How to Snag Today's Low Rates

With the 30-year fixed-rate mortgage down to 4.09%, -- another record low -- it's a great time to refinance. But before you go running off to your lender to catch the best rates since 1951, get yourself straight. According to LendingTree, many people are making major refinancing mistakes that can cost them dearly.

Disaster Plans: Prepared for a Worst-Case Scenario?

The deadly tornadoes and flooding that struck the South and Midwest in April, the devastating earthquake in Japan, and concerns about terrorist reprisals after Osama Bin Laden's death should serve as reminders to property owners: You may hope it never comes, but you need to plan for the worst-case scenario.

How to Make Extra Money With Your Home

The economy may be looking up, but for many of us, budgets are still tight. But if you're a homeowner wishing for a way to pump up your finances, you may be overlooking your greatest asset -- your home. There are plenty of ways to make money by renting out a portion of your property.

Don't Ask, Just Cram: Let Judges Modify Mortgages Again

Regulators want the nation's big banks to reduce what borrowers owe on underwater mortgages, but they're still focused on solutions that rely on banks to voluntarily do the right thing. But we've already seen that won't work, and history shows what will -- giving bankruptcy judges back the right to cram down mortgages.

The Mortgage Mess Settlement Proposal: Off to an Awful Start

A partial settlement plan has been constructed by a group of state attorneys general and federal regulators. In theory, it addresses banks' flawed mortgage servicing, modification and foreclosure practices. In reality, it just lets the banks off the hook.

Financial Meltdown Accountability: Bring On the Class Actions!

The Financial Crisis Inquiry Commission's report concludes that ineffective regulators and big banks were the primary causes of the financial meltdown. Next stop: Government and class action lawsuits to recoup some of what we all lost, and (please please please) criminal charges against the worst offenders too.

The Mortgage Mess: Blame Banks, Not Homeowners

After an exhaustive examination, DailyFinance's legal reporter comes to a clear verdict: Banks are responsible for 90% of the problem, homeowners 10%. Banks have done three things to create the massive glut of foreclosures choking America's legal systems and laying waste to its real estate markets.

American Shingle files for bankruptcy

American Shingle and Siding, Inc., the Atlanta-based roofing company accused of defrauding hundreds of homeowners around the country, has filed for...

The end of the McMansion era

American homes are shrinking, as people downsize their costs and lives. After years of growth, the Census Bureau says the average size of a new home...