The House on Tuesday approved a plan to expand federal backing of mortgages in hopes of helping struggling homeowners avoid foreclosure. ...more

September 19, 2007

U.S. Rep. Barney Frank, whose efforts to clamp down on mortgage-lending abuses were thwarted by the last Republican Congress, is about to try again. He should have better luck this time. ...more

September 18, 2007

A trade group for real estate agents on Tuesday lowered its forecast for 2007 existing home sales for the seventh straight month, predicting a drop of 8.6 percent from last year. ...more

September 12, 2007

Federal Reserve Chairman Ben Bernanke said Tuesday that heavy saving by oil producers and Asian nations has helped depress interest rates by keeping financial markets flush with cash. But he warned against banking on this effect - one that probably helped create the current financial crisis - for the long term. ...more

September 12, 2007

Mortgage insurer MGIC Investment Corp. abandoned its $5 billion bid to buy rival Radian Group on Wednesday, saying it was in each other's best interest to concentrate on surviving in the faltering mortgage industry. ...more

September 6, 2007

Is the long wait coming to an end for borrowers who would like to see interest rates go down? ...more

September 2, 2007