While the Great Recession, touched off by the abuses in the housing market in the years leading up to 2007, has wreaked havoc on the economy of the United States, it has also caused some positive changes in the economic landscape. One of these changes, reported here by Reuters, is a system of monitoring and [...]

We’ve all heard about the subprime mortgage disaster and what that has done to the housing market. We’ve also all heard about the firms that issued the bonds claiming that they did the best they could with the information they had at the time. A recent report from the Wall Street Journal seems to state [...]

If and when you decide to become a homeowner, your house will likely be the biggest purchase you ever make, so it’s a good idea to learn all you can about the various mortgage lending options out there. After all, educating yourself about various types of loans is perhaps the best way to keep yourself [...]

In a detailed report on the current state of the foreclosure crisis in the U.S., msnbc.com examines some of the issues currently troubling America’s real estate market and what these problems could mean for the future.
How the Foreclosure Crisis Started
During the real estate bubble, mortgage lenders eagerly underwrote home loans because credit was easy to [...]

New data released by First American CoreLogic, a real estate data company, indicates that a staggering 23 percent of American home mortgages are “underwater” – that is, the owners owe more money than their property is worth.
By the Numbers
Here’s a closer look at this worrying trend, which some experts reportedly believe could slow the housing [...]