Mortgage | featured news

No longer able to take out a second mortgage, many Americans are finding another way to squeeze equity out of their home - selling the junk in it.

Surging home-mortgage rates are threatening prospects for a quick rebound in the housing market.

The Obama administration is expected to expand its mortgage aid program on Thursday, announcing new measures that would help ...

More than 1,000 people were defrauded out of about $70 million by a group advertising the dream of homeownership in what turned out to be a nightmare Ponzi scheme, federal and Maryland officials said Monday.

Frederick man who killed his wife, three children last week owed more than $450,000, police say.

The Obama administration's loan modification program is finally underway.

U.S. foreclosure activity leaped 46 percent in March from a year earlier, hitting a record high as programs stunting the torrid pace of failing mortgages expired, RealtyTrac reported on Thursday.

The board that sets U.S. accounting standards voted to adopt guidelines that could reduce the losses banks have been forced to report as the values of their securities have crumbled.

Addie Polk, who became the national face of the foreclosure crisis last fall when she shot herself during an eviction, was a quiet woman who never asked for help.

U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday.