Finance :: Real Estate
A company with ties to the nation's largest overseer of subprime mortgages announced under pressure Wednesday it will stop collecting controversial insurance fees from homeowners whose properties were under foreclosure.
A judge on approved Detroit's plan to get out of bankruptcy, ending the largest public filing in U.S. history and launching the city into a turnaround that will require discipline after years of corruption, budget-busting debt and an exodus of residents.
The lava flow is less than 100 yards from a home in Pahoa, on the Big Island of Hawaii, where the government is promising to help the dozens of people who will need to evacuate in the coming days. Mileka Lincoln of Hawaii affiliate KGMB reports.
Have you purchased an old-timer house dating back more than a century? While it may have plenty of charm, it's also likely in need of a thoughtful renovation to maximize its use for the 21st century. Fortunately, we've got just the solution.
Tales of grisly murders surround the old place and the hairs on the back of your neck stand up as the facade of the creepy old manse stares back at you. It's a small price to pay for three of the most luxurious properties in the world.
A series of proposed regulations are supposed to make it easier to qualify for a mortgage. But could that create a new set of old problems? CBS News business analyst Jill Schlesinger reports.
Federal regulators are proceeding with new rules that ease guidelines for banks selling mortgage securities and auto loans. This could mean fewer borrowers will need to make hefty down payments.
Long seen as having devastated Sun Belt cities, the subprime mortgage crisis unleashed turmoil on Ohio and other rural areas. Now federal officials are pledging regulatory attention and financial help.
One of the nation's largest servicers of home loans may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, New York's financial regulator has alleged.
Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules.