mortgage payments

Fewer Americans Late on Mortgages in Third Quarter

U.S. homeowners are doing better at keeping up with their mortgage payments, aided by an improving housing market and more refinancing opportunities. The percentage of mortgage holders at least two months behind on their payments fell in the third quarter to 5.41%, the lowest point in more than three years.

Car Loans Are Now Americans' No. 1 Bill-Paying Priority

The recession and its hangover have turned our bill-paying habits upside down. Cash-strapped Americans are paying off their car loans before they pay credit card bills and make mortgage payments, a TransUnion study finds.

Late Mortgage Payments Up in 3Q, 1st Rise in Years

While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a harder time making their mortgage payments. The rate that mortgage holders were late with their payments by 60 days or more rose in the June-to-September period for the first time since the last three months of 2009, according to TransUnion.

Making Mortgage Mods Permanent: Case Studies in Frustration

If struggling homeowners are able to make trial modified mortgage payments, the next logical step, it seems, would be to make the modifications permanent. Sadly, however, this is a rare occurrence. Follow the stories of several families as they wrestle with foreclosure notices, lost payments, missing paperwork, and ultimately court orders -- all on the path to permanent mortgage modifications.