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  • Home price plunge accelerates

2007 year-end results are in and the news is bad: Major housing markets were down even more than anticipated.
February 26 2008
CNN Money


  • January foreclosures up 57%

Filings saw yet another big jump last month, compared to levels a year ago; 45,327 homes were lost to bank repossessions.
CNN Money

  • Mortgage crisis

Don't forgive debt, just postpone repayment
A new plan from the Office of Thrift Supervision would have lenders reduce mortgage balances, but let them collect the difference later.
CNN Money

  • Refinancing: Only for the privileged few

Sure, now is a great time to refinance - that is, if you can still qualify. Here is what lenders are looking for.
CNN Money


  • Freddie, Fannie debt may pose risk to economy

The housing slump has compelled the two entities to buy up mortgages on the secondary market that banks are backing away from. But that could end badly, charges one regulator.
CNN Money


  • Foreclosures up 75% in 2007

Defaults are way up for the year, with once red-hot Sun-Belt markets reporting the worst losses.
CNN Money


  • Bush Vows to Veto a Mortgage Relief Bill

New York Times

Multimedia

Mortgage Meltdown
17 September 2007



Beyond the Mortgage Meltdown




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