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Real Estate
Clinton calls for subprime rate freeze 2:31pm: The presidential candidate's proposal covers borrowers who are both current and behind on their mortgage payments. (more)
12:04pm: The government's FHASecure program could get a quarter of a million troubled borrowers out of unaffordable loans. (more)
Dec 4: Efforts to "fast track" loan modifications may not be as effective as they could be unless a standard of "affordability" is agreed on. (more)
Dec 4: The biggest obstacle to a mortgage bailout plan could be the investors who wound up with the bad debt. (more)
Dec 3: A plan put together by U.S. Treasury Secretary Henry Paulson to stave off foreclosures leaves out a lot troubled borrowers. (more)
Dec 3: Treasury secretary says the government is working harder than ever to help troubled homeowners. (more)
Dec 3: Secretary says Treasury Department working 'aggressively and quickly' to hammer out shield for homeowners struggling with higher payments. (more)
Dec 3: Lennar sells portfolio previously valued at $1.3 billion for $525 million to joint venture owned 80% by Morgan Stanley. (more)
Nov 30: Plans to suspend interest rate increases for resetting adjustable rate mortgages are moving forward. (more)
Nov 29: Soaring foreclosures will result in lower tax collections for hard-hit cities. (more)
Nov 29: More than 50,000 lost their homes in October; foreclosure rates expected to rise in 2008 as adjustable-rate mortgages reset. (more)
Nov 28: When every second house sits vacant, home values plummet and neighborhoods deteriorate. (more)
Nov 28: Report says bankruptcy court regulator looking into whether mortgage lender is tacking on improper fees and charges to loans in foreclosure. (more)
Nov 27: Third-quarter home prices dropped 1.7% from prior quarter, largest drop in 21-year history - S&P Case/Shiller. (more)
Nov 27: A group representing more than 1,100 U.S. cities predicts declines in local industry and tax collections. (more)
Nov 21: How a Cleveland family got into a mortgage mess and what they did to keep their house. (more)
Nov 20: Builders move to cut back supply of new homes due to glut on market, although apartment growth lifts housing starts. (more)
Nov 20: Builder swings to fourth-quarter loss but manages to top expectations; firm expects housing environment to remain 'challenging.' (more)
Nov 19: Confidence index remains at record low as outlook for market in six months slips from previous reading. (more)
Nov 19: Cleveland's mortgage meltdown has sparked a crime wave in the nation's hardest hit area for troubled homeowners. (more)
Nov 15: Community groups are joining hands with their former foes to help keep the city's residents from losing their homes. (more)
Nov 14: Hardest hit cities are on coasts and in Rust Belt, according to a new survey. (more)
Nov 13: It's too easy to blame the city's housing collapse on Rust-belt economics. How bad government and greed made it one of the nation's foreclosure capitals. (more)
Nov 8: Revenue at luxury home builder falls 36% in early financial report; high cancellations for expensive homes reduce value of new contracts by nearly half. (more)
Nov 5: Two Republicans voice support for Barnery Frank's plan to address mortgage industry defects. (more)
Nov 5: Responsible loan payers are crying foul about the breaks that delinquent borrowers are getting. (more)
Nov 1: Filings rise with more on the horizon as interest rates jump on a record number of adjustable mortgages. (more)
Oct 31: With the collapse of the sellers' market, real estate agents are finding themselves in the driver's seat when it comes to charging fees. (more)
Oct 26: Number of vacant homes on the market nationwide equivalent to all homes in Detroit; another sign of weak housing market. (more)
Oct 26: Giant mortgage lender's third-quarter results will offer a view into the depth of the problems facing lenders, housing industry and the economy as a whole. (more)
Oct 25: The mortgage lender and a long-time adversary claim they can change foreclosure prevention with a new bailout program. (more)
Oct 25: Census Bureau says the pace of new home sales was weaker in September and revises August's numbers to an 11-year low. (more)
Oct 24: Economists offer dour outlook for housing prices and construction, citing continuing credit crisis - weakness is likely to persist into 2009. (more)
Oct 24: Two provisions in Barney Frank's mortgage reform proposal raise concerns with consumer advocates and lenders. (more)
Oct 24: The company extends foreclosure-preventive assistance for almost all its hybrid ARM borrowers. (more)
Oct 24: The housing bust continues: Sales of existing homes at lowest pace on record and prices drop more than 4%. (more)
Oct 23: Giant mortgage lender's third-quarter results will offer a view into the depth of the problems facing lenders, housing industry and the economy as a whole. (more)
Oct 23: No. 1 mortgage lender announces program to refinance $16 billion in loans for 80,000 borrowers facing much higher home payments. (more)
Oct 22: Rep. Barney Frank introduces bill that would remove incentives to offer exotic loans and require licensing of brokers. (more)
Oct 22: Those who oppose mortgage bailout proposals say the cost of helping troubled borrowers and lenders will come out of their pockets. But that's not always the case. (more)
Oct 19: Outlook for surging mortgage delinquencies worsens. (more)
Oct 18: A new study shows that home renovations will decline along with housing markets. (more)
Oct 17: Ignorance may be bliss, but it could mean a lot of pain for all the players in the subprime crisis when a record number of adjustable rate mortgages reset. (more)
Oct 17: Builders slam on brakes, taking starts to 14-year low and permits to levels not seen since 1995; both readings fall short of forecasts. (more)
Oct 17: No light at the end of the tunnel in latest forecast from the Mortgage Bankers Association. (more)
Oct 16: Home builders see weakest buyer traffic in 23-year history of trade group survey, outlook for future remains at record low as well. (more)
Oct 16: Treasury Department is walking a tightrope on help for mortgage borrowers. (more)
Oct 15: At mortgage conference, lenders push back-to-basics theme for industry in coming years. (more)
Oct 12: New group of lenders, counselors and investors aims to streamline loan 'workouts.' (more)
Oct 12: Consumer advocates say efforts by the nation's largest mortgage company to help homeowners avoid foreclosure are insufficient. (more)
Oct 11: Mortgage delinquencies slip 8% nationwide; Sun Belt, Rust Belt states continue to dominate top foreclosure rates, according to a monthly survey. (more)
Oct 10: Consumer advocates say efforts by the nation's largest mortgage company to help homeowners avoid foreclosure are insufficient. (more)
Oct 5: Top bank regulator suggests industry cuts losses now to prevent foreclosures. (more)
Oct 3: Not everyone favors helping troubled homeowners, lenders and investors stung by the subprime crisis. (more)
Oct 1: Consumer group pushes for change to bankruptcy law; others worry about negative impact on mortgage-debt markets. (more)
Sep 28: If you're having trouble paying your mortgage, there are nonprofits that can help you get back on track before it's too late. (more)
Sep 27: Sales hit 7-year low as lower prices can't clear out huge glut, new government report shows. (more)
Sep 27: Real estate investors are betting on bargains in depressed markets they think are ready to bounce back. (more)
Sep 26: Lawmakers are talking the talk, but mortgage lenders are having a hard time walking the walk when it comes to helping at-risk borrowers. (more)
Sep 25: Realtors say sales of existing homes dropped for sixth consecutive month, to lowest level in 5 years; separate report shows steepest price drop in 16 years. (more)
Sep 25: No. 1 homebuilder in terms of revenue sees sharp drop in new orders and deliveries as it cuts staff, plans more layoffs. (more)
Sep 20: Community groups say Bush administration and Congress are giving too little help to troubled borrowers. (more)
Sep 20: Treasury boss Paulson and Fed chief Bernanke tell House panel what they are doing on mortgage crisis and express concern over some proposals. (more)
Sep 19: Economist estimates inflation-adjusted value of $23 trillion housing market could fall by $3 trillion by next year. (more)
Sep 19: Three quarters of housing markets - many in crashing Sun Belt areas - face price declines over next few years. (more)
Sep 19: Worst may not be over yet for lending industry as job losses on way to breaking mark set in 2001. (more)
Sep 18: Latest survey finds builders view market as weakest in 16 years, and their expectations for the next six months are worst on record. (more)
Sep 18: Borderline borrowers could get some relief from a flood of mortgages whose interest rates are set to jump. (more)
Sep 18: Sun Belt states catch up with Rust Belt states to lead mortgage delinquency rates, according to a monthly survey. (more)
Sep 17: Meet the Olivers: good credit and low risk. So why are they in danger of losing their home? How to get deep in mortgage trouble in one hard lesson. (more)
Sep 14: Tighter lending standards have put many home sellers, owners and buyers in a bind. Here's how to escape it. (more)
Sep 12: And potentially some tax help, too. Here are breaks that borrowers in a pickle may receive in the next few months. (more)
Sep 12: With a little help from the Fed, borderline borrowers could get some relief from a flood of mortgages whose interest rates are set to jump. (more)
Sep 11: Nearly 700 homes will be sold during a three-day auction in Detroit. (more)
Sep 6: The housing slump, Midwestern economic woes and resetting ARMs send late payments higher. (more)
Sep 5: Economy is still sound, however. (more)
Sep 5: Index that measures contracts being signed for existing home sales drops to lowest level since 9/11 attack. (more)
Sep 4: The latest forecasts for layoffs, hiring and pay. Plus: Which areas are showing steady growth. (more)
Aug 31: The President offers aid to subprime borrowers through government programs and new legislation. (more)
Aug 30: Federal agency finds that home prices continue to creep up, contradicting other reports. (more)
Aug 30: Real estate speculators drove prices up in some of the hottest markets during the boom. Now they're making foreclosures jump. (more)
Aug 30: The numbers of low-income families devoting high levels of income to housing costs are soaring, according to a new study. (more)
Aug 28: The S&P Case-Shiller Home Price Index says price declines are worsening, with no sign of slowing down. (more)
Aug 27: Sales slip, but supply of homes on the market jumps to 9.6 months, pushing prices down for 12th straight month. (more)
Aug 24: Scammers are taking advantage of mortgage holders at their most vulnerable - when they're about to lose their homes. (more)
Aug 23: States and nonprofits rush to provide help to those victimized by subprime loans, and borrowers rush to accept. (more)
Aug 21: Indianapolis is still the most affordable of big housing markets. Los Angeles is the least affordable. (more)
Aug 21: Rising concern about home values and mortgage payments is causing more buyers to slam the brakes on new car purchases. (more)
Aug 21: Luxury home builder, unscathed so far, seen hit by problems of jumbo mortgage market. (more)
Aug 21: July foreclosures nearly double from last year; industry group raises forecast for more. (more)
Aug 20: The housing market went boom. Then it went bust. Now it goes to the courts. (more)
Aug 17: A lower discount rate could make it more attractive for lenders to dish out more mortgages. (more)
Aug 16: Starts and permits both fall more than forecasts as builders pull back from troubled market. (more)
Jun 19: A new survey shows foreclosure clusters are on the move from industrial centers to coastal and southern states. (more)
But the latest home prices from Realtors show losses seem to be easing. (more)
Second quarter numbers are in from the National Association of Realtors - 149 markets tracked. (more)
Stockton, Calif. records highest foreclosure rate among nation's metro areas according to a new survey. (more)
Leading mortgage lender tightens lending standards, turns to more expensive $11.5 billion line of credit to maintain liquidity; chairman cashing out of stock. (more)
Starts and permits both fall more than forecasts as builders pull back from troubled market. (more)
But strength of markets, economy should prevent a recession, Treasury Secretary tells Wall Street Journal. (more)
Clinton, Dodd, Obama and Edwards take aim at reforming lending practices. (more)
A grim forecast has economists more pessimistic over how far the collapse will spread to the rest of the economy. (more)
Bernanke & Co. did not signal an imminent rate cut at the Fed's last meeting, but some think the Fed will take emergency action as the credit crunch gets worse. (more)
As financing markets seize up, investors are growing more skeptical that some buyout deals will happen. (more)
Buyers with good credit and a down payment will make out well - all others, prepare to pay. (more)
The cost of financing an expensive home purchase is jumping, making high-end buyers the latest victims of the mortgage meltdown. (more)
AIG sees uptick in defaults in more credit categories. European investors feel the pain too. (more)
Billions in subprime ARMs will be subject to higher payments. (more)
A new survey shows foreclosure clusters are on the move from industrial centers to coastal and southern states. (more)
More and more mortgage companies are closing shop as the subprime loan saga continues. Here's what to do if yours shuts down. (more)
If you're on the cusp of retirement and feel rattled by the recent volatility in stocks, here's a way to protect your portfolio (more)

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