Disagreement among Senate Democrats over how many homeowners should qualify for court-ordered mortgage relief has stalled a key part of President Barack Obama's foreclosure prevention plan on Capitol Hill. ...more

March 14, 2009

His massive stimulus plan now signed into law, President Barack Obama is turning to attack the home foreclosure crisis at the heart of the nation's deepening economic woes. ...more

February 18, 2009

President Barack Obama is expected to roll out a plan today meant to keep struggling families from losing their homes. ...more

February 18, 2009

Putting Lenders At Risk A proposal to allow bankruptcy judges to change the terms of loans if the borrower has asked the lender to modify the loan before filing for bankruptcy raises questions. Let's say the lender offers to give a six-month payment moratorium, and then a lower payment, in exchange for raising the rate, and the borrower turns it down. According to your article, the borrower could ask the bankruptcy judge to modify the loan - including lowering the loan amount. ...more

January 19, 2009

A plan to let bankruptcy judges alter the terms of home loans so owners can avoid foreclosure moved one step closer to reality this week. ...more

January 10, 2009

In a state ravaged by plunging home values and foreclosures, where early voting started Monday, Barack Obama hit both subjects hard at a rally in Tampa. ...more

October 21, 2008

The Bush administration Saturday raised the price tag on its emergency plan to revive the U.S. financial system, asking Congress for authority to spend up to $700 billion to relieve crippled financial institutions of their mortgage-based assets, a sum that would exceed the current cost of the war in Iraq. ...more

September 21, 2008

Florida's attorney general is investigating Countrywide Financial Corp., a beleaguered California-based mortgage lender, for possible unfair and deceptive business practices related to its home loans. ...more

February 1, 2008

Today, Jane and Enrico Parsons prepare to sit at a table in their attorney's office and sign a document that could keep their lives from crumbling. ...more

November 13, 2007