Consumers still strugglig to pay loans
January 11, 2011
U.S. consumers continue to struggle to pay back home equity, auto and other loans as high unemployment drags on the economy. The American Bankers Association
Foreclosures drop 9 percent in October
November 11, 2010
The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or
Race-based predatory lending fueled housing crisis
October 4, 2010
Predatory lending aimed at racially segregated minority neighborhoods led to mass foreclosures that fueled the U.S. housing crisis, according to a new study published in
Foreclosures rise again
September 16, 2010
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis. The increase in home repossessions came
Foreclosures surge
August 12, 2010
The number of U.S. homes lost to foreclosure surged in July, another sign lenders are moving quicker to take back properties from homeowners behind in
Credit scores hit new lows
July 12, 2010
The credit scores of millions more Americans are sinking to new lows. Figures provided by FICO Inc. show that 25.5 percent of consumers — nearly
Rich more likely to default on mortgages
July 9, 2010
No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars. The housing bust that began among