U.S. News

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Republicans set to kill mortgage assistance programs

Republican members of Congress have set their sight on gutting assistance to troubled homeowners at risk of foreclosure.

 

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Lawmaker panel faults “reckless” banks as causing great recession

According to a federal panel, "reckless" banks and faulty regulators were the chief source of the recent crisis.

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Banks seize over one million homes in 2010

Banks seized more than one million homes last year, a new record - and are poised to seize more.

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More arrests as foreclosure protests spread

Six people were arrested December 20 when they locked arms as they attempted to enter a Bank of America branch in Missouri, refusing police orders to turn back during a protest against the bank's home foreclosures.

Families arrested at bank in foreclosure protest [with video]

Several families moved their belongings outside of a Chase Bank branch in an act of civil disobedience - and were arrested.

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Stopping a Chicago eviction

CHICAGO - The Tellez family are vowing not to be evicted from their Northwest Side home, and Alvaro Tellez says he is fighting for his children and their future.

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Government offers $1 billion more for housing crisis, still hard to keep pace

As the nation's poverty rate rises to 15 percent, the highest level since the 1960s, the Obama administration announced this week new measures to help struggling homeowners prevent foreclosure.

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New study reveals discriminatory mortgage practices

California's Latino and African American homeowners experience twice the rate of foreclosures than that of non-Hispanic whites, a recent report found.

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Obama administration announces new aid for struggling homeowners

After a generally dismal report on home foreclosures in last month, the Obama administration took steps to beef up its support to unemployed workers who face foreclosure.

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Black and Latino home losses continue to mount

With close to 6 million homes at risk of being seized by banks, the foreclosure crisis continues to deepen, with the greatest risk to homeowners of color, a new study finds.

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