Topic: Hope Now

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Some relief may be in sight for troubled US mortgages

As more than 5 million Americans fall behind on mortgages, banks signal a new willingness to reduce the principal.
New bailout focus: how to fight foreclosures

The government will help homeowners restructure shaky mortgages financed by Fannie Mae and Freddie Mac, but partisan debate looms over how to keep up the aid.
Big housing bill: no rescues soon

Help for strapped homeowners may not be forthcoming until next year; ramping up the new government programs will take months.
These banks step in to avert foreclosure

A handful of community-development institutions offer modified interest rates to at-risk borrowers.
New effort to modify at-risk home loans

A housing alliance, including some of the nation's biggest lenders, is working with mortgage-service companies to modify loans rather than let them fall into foreclosure.
Can lenders do more to halt foreclosures?

Banks have begun to modify loans for mortgage-holders, but experts say not nearly enough.
Housing slump causes U.S. to weigh another big bailout

Federal rescue efforts could match the $124 billion cleanup of the savings-and-loan crisis in the 1980s.
Paulson, lenders to help homeowners stave off foreclosure

'Project Lifeline' is the Bush administration's latest step to ease the woes from the subprime-loan debacle.