Despite the nation's foreclosure crisis, such cross-border mortgages are becoming more common as companies seek to capitalize on the growing earning power of Mexican immigrants, who in January alone sent $1.65 billion (1.07 billion) back to their homeland, according to Mexico's c …
County in Illinois is suspending foreclosure evictions
"These mortgage companies only see pieces of paper, not people, and don't care who's in the building," the sheriff said. "They simply want their...
Understand the Financial Crisis
Freddie and Fannie, Bernanke, Bush, mortgages, loans, foreclosure, $700 billion bailout, recession, crisis. These are the words filling the headlines...
Bailout plan offers vague help to homeowners
The harsh reality for Murielle Montes and hundreds of thousands of homeowners who are behind on their mortgages is this: A $700 billion bailout of...
Gov't launches mortgage aid program
The government is kicking off a program that aims to prevent foreclosures by letting an estimated 400,000 troubled homeowners swap their mortgages...
European Regulators Move Swiftly to Rescue Lenders
Regulators in Britain and Belgium engineered emergency rescues of two leading banks with heavy exposure to soured mortgages. Hypo Real Estate, a...
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