Most congressional Democrats say the quickest way to save homeowners like Troy Butler of Saginaw, Mich., is to let them declare bankruptcy and allow judges to dictate new mortgage terms. ...more

January 25, 2009

Car manufacturers were granted their bailout. The loan to them is the responsibility of taxpayers who are out of jobs and losing homes and health care perks. Some are even going hungry. ...more

December 26, 2008

The Federal Reserve cut its target for a key interest rate to the lowest level on record Tuesday and pledged to use "all available tools" to combat a severe financial crisis and prolonged recession. STORY, Page 13 ...more

December 17, 2008

Homeowners facing foreclosure could find help in an unlikely place - the company that insures their mortgage. ...more

November 26, 2008

The government said Tuesday that it will deploy up to $800 billion to make it cheaper for Americans to get a home mortgage, take out a car loan or borrow money through a credit card, as the government's intervention in the financial system expands to directly address the impact of the credit crisis on consumers. ...more

November 26, 2008

Thousands of homeowners on the brink of foreclosure can rest easy that they won't be evicted until at least early January. The nation's two largest providers of mortgages said this week they'll be working with homeowners to find a way to keep them in their homes. ...more

November 22, 2008

Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. ...more

November 20, 2008

The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed. ...more

November 13, 2008

Can a restructured mortgage include an interest rate reduction? Yes - to lower monthly payments, a lender might decrease the mortgage interest rate either permanently or temporarily. ...more

November 12, 2008

Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes - making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring mortgages. ...more

November 11, 2008