The Obama administration held a conference Tuesday about how to reform mortgage giants Fannie Mae and Freddie Mac. Reform could involve adding Fannie and Freddie's roughly $5 trillion in obligations, in effect, to the federal balance sheet.
Many prime borrowers are being caught between devalued homes and job losses. Will Congress step in?
Many economists say deficit spending is crucial to keeping the economy moving. But history tells a different story.
Here's a look at who qualifies for a mortgage refinance under President Obama's new home-foreclosure relief plan.
The Obama administration on Friday unveiled new programs to help 3 million to 4 million distressed borrowers avoid home foreclosures. By one count, 11 million borrowers now owe more than their homes are worth.
The Federal Housing Authority's (FHA) measures are expected to help replenish the agency's depleted capital reserves and quell rising delinquencies. The move to increase premiums and tighten loan standards could have an impact on low-income borrowers.
Home mortgage foreclosures and delinquencies were up in the third quarter despite greater efforts to help homeowners. Defaults on modified loans were also high.