New York financial regulators have reached a settlement with Ocwen Financial Corp. requiring the nation's largest subprime mortgage servicer to reform its practices and provide $150 million to help struggling New York homeowners.
Got $9 million kicking around and want to place a bid on a resort?
Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year. The rates' historically low levels could be a boon to potential homebuyers.
Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.
The dream of home ownership for many is proving frustrating, being deferred or abandoned, even for people with comfortable incomes.
Steve Kroft reports on why our roads, bridges, airports and rail are outdated and need to be fixed.
Average U.S. long-term mortgage rates continued to tick down this week, remaining close to yearlong lows.
The Supreme Court said Monday it will decide whether homeowners who declare bankruptcy can void a second mortgage if the home's market value has dropped below the amount they owe on the first mortgage.
A company with ties to the nation's largest overseer of subprime mortgages announced under pressure Wednesday it will stop collecting controversial insurance fees from homeowners whose properties were under foreclosure.
A judge on approved Detroit's plan to get out of bankruptcy, ending the largest public filing in U.S. history and launching the city into a turnaround that will require discipline after years of corruption, budget-busting debt and an exodus of residents.