Fannie Aims to Head Off Foreclosures Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.
May 09 2008
For Mortgages Underwater, Help Swims In A small fish with a healthy appetite for mosquito larvae is being pressed into service in California, Arizona, Florida and other areas struggling with foreclosures. The problem: swimming pools of abandoned homes have turned into breeding grounds.
May 09 2008
House Passes Homeowner Aid The House passed a package of measures aimed at tackling the housing crisis, but bickering signaled turbulence ahead for the legislation.
May 09 2008
Mortgage Firms Cool to Principal-Cut Plan A major provision of the housing-market legislation passed by the House Thursday might not help as many borrowers as some expect, trade groups that represent mortgage companies say.
May 09 2008
Real-Estate Drop Has a Green Lining Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.
May 09 2008
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