▼ Author Community Vote 73 days ago Renae Merle Mortgage delinquency rises to a record level - — The number of U.S. homeowners who are behind on their mortgages rose to a record level in the first quarter, according to industry data released Wednesday that also included tentative signs the nation's foreclosure crisis may be starting to ease. 108 days ago Renae Merle Bankers fight calls to offer wide mortgage relief for underwater homeowners - — Banking executives pushed back Tuesday against pressure from lawmakers and housing advocates to cut the loan balances of millions of homeowners who owe more than their homes are worth. 126 days ago Renae Merle Second mortgages complicate efforts to help homeowners - — As government regulators and lenders work to stabilize the housing market, one of the factors that helped propel the housing boom of the past decade is now taking a central role in thwarting their efforts: second mortgages. 141 days ago Renae Merle New round of foreclosures threatens housing market - — The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize. 155 days ago Renae Merle FDIC to test principal reduction for underwater borrowers - — The Federal Deposit Insurance Corp. is developing a program to test whether cutting the mortgage balances of distressed borrowers who owe significantly more than their homes are worth is an effective method for saving homeowners from foreclosure. 163 days ago Renae Merle Administration pushed to expand foreclosure-prevention program - — The Obama administration is facing increasing pressure from lawmakers and housing advocates to retool its troubled mortgage relief program a year after its debut as the housing crisis continues to deepen and spreads to more creditworthy borrowers. 244 days ago Renae Merle Problem mortgages hit new high at 14 percent - — Data mean foreclosures may not peak until next year — More than 14 percent of borrowers were in trouble on their mortgage during the third quarter, a new record, according to an industry survey released Thursday, which also suggests … 330 days ago Renae Merle Subprime Lenders Getting U.S. Subsidies, Report Says - — Many of the lenders eligible to receive billions of dollars from the government's massive foreclosure prevention program helped fuel the housing crisis by issuing risky subprime loans, according to a report to be issued Wednesday by the Center for Public Integrity. 3 days ago Renae Merle Foreclosures Are Often In Lenders' Best Interest - — Numbers Work Against Government Efforts To Help Homeowners — Government initiatives to stem the country's mounting foreclosures are hampered because banks and other lenders in many cases have more financial incentive to let borrowers lose …