Under the plan, bankruptcy judges will be allowed to alter home loans in an effort to prevent foreclosures.
Under the plan, bankruptcy judges will be allowed to alter home loans in an effort to prevent foreclosures.
With home prices in free fall and mortgage delinquencies mounting, pressure to modify troubled loans is ratcheting up.
Herbert and Marion Sandler were long viewed as the mortgage industry’s model citizens, but have been swept into the maelstrom surrounding who is to blame.
A shift has occurred in the commercial real estate market, away from brick-and-mortar properties and toward the buying and selling of debt.
A shift has occurred in the commercial real estate market, away from brick-and-mortar properties and toward the buying and selling of debt.
Rick E. Rockwell is part of a group who have been out of work for so long that they are depending on a second emergency extension of unemployment insurance.
The loan giant said it would sign new leases with renters in foreclosed properties, aiding those who face eviction.
The loan giant said it would sign new leases with renters in foreclosed properties, aiding those who face eviction.
The loan giant said it would sign new leases with renters in foreclosed properties, aiding those who face eviction.
Sheila C. Bair, the head of the Federal Deposit Insurance Corporation, has called for billions in aid for homeowners.