| May 17, 2013
| 8:20 PM
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
| May 10, 2013
| 9:29 PM
Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing to struggle with their monthly payments. There's a high probability of losing the house anyway, even with the government's help.
| Apr 29, 2013
| 11:51 AM
WASHINGTON -- Goldman Sachs and Morgan Stanley will begin sending $247 million in payments on Friday to nearly a quarter-million people under a settlement of foreclosure-abuse allegations with regulators, the Federal Reserve said.
The two Wall Street...
| May 4, 2013
Dear Liz: My husband and I are in the process of refinancing our mortgage. I just received my credit report in the mail, and my score was 724. The report indicated that a delinquency resulted in my less-than-stellar score. When I went to the credit bureau...
| May 14, 2013
It's long been a basic tenet of the business world: You give us more business, we'll reward your loyalty with better deals.
That's how cable companies operate with their service packages. That's how phone companies work.
And until now, that's pretty...
| Jan 6, 2013
Dear Liz: I have a first mortgage with a current balance of $32,000 at 5.625% interest. This will be paid off in about 24 months, based on regular payments plus $200 a month extra I am paying on principal. I have a home equity line of credit with a...
| Dec 16, 2012
Dear Liz: I'm in my 50s. My kids have college loan debts that might total more than $200,000. I allowed them to take out loans because I expected to inherit $300,000 to help them pay off the debt. Now that inheritance will not happen.
I have $250,000...
| Apr 26, 2013
| 7:54 PM
Dear Liz: My husband and I are recovering from a job loss four years ago. We used up all our savings and home equity. My husband is now employed, but we are struggling to keep ahead even with a salary of about $100,000. I was a stay-at-home mom for the...
| Apr 12, 2013
| 11:34 PM
Dear Liz: I try to watch out for my neighbors, a married couple in their early 90s. Two of their three sons, who are both in their 60s, want them to get a reverse mortgage. The couple's house is paid off as well as their cars. They pay all their monthly...
| Oct 9, 2012
"Now Gov. Romney believes that with even bigger tax cuts for the wealthy, and fewer regulations on Wall Street, all of us will prosper. In other words, he'd double down on the same trickle-down policies that led to the crisis in the first place." —...
| Sep 6, 2012
At the risk of inviting legions of conservatives to swoop down and tell me I'm drowning in the Obama Kool-Aid (actually, it's not just a risk; it's a guarantee), I'm just going to come out and say it: Michelle Obama was spectacular at the Democratic...