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In a round-about way the former are help paying off the latter’s mortgage. The Extreme Makeover Home Edition recipients are a rodeo family, in fact father Chris Hampton is president of the Missouri Family Rodeo Association. So while the Hamptons …

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MORTGAGE COMPANIES need to step up efforts to revise loans to help homeowners avoid foreclosure, according to Sen. Bob Menendez . Menendez, in his role as chairman of a Senate banking subcommittee, sent a letter to the chief executives of 20 mortgage …

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In the affluent village of Bronxville, N.Y., where residents of million-dollar homes have an easy half-hour commute into Manhattan, selling a house has become a whole lot harder. Larry Brocchini put his four-bedroom colonial on the market in late May …

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Realtor Robert Garrison thought he had put together solid deals for two homes in Palm Beach County. Then the appraisals arrived. One property, west of Lake Worth, had a contract for $257,000. The appraisal came in at $180,000. The other home, in …

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Homeowners worried about missing mortgage payments and entering foreclosure may have another option: a loan modification. Despite some signs of stability in the housing market, foreclosures remain a major obstacle to a meaningful recovery. And more …

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Investors are breathing a little easier this weekend after several nervous weeks. After dropping for much of June and early July, the stock market staged a broad comeback last week — including an impressive 3% rally on Wednesday. Leading the charge …

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Australians are ignoring warnings about entering into joint property ownership with friends or family, a lender says. The warning follows the release of data by direct lender MyRate.com.au showing a 300 per cent rise in the share of properties …

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After a dozen years of rate hikes, landlords in Riverside and San Bernardino counties are cutting rents and offering an array of move-in specials — from discounted security deposits to free rent to flat screen TVs. “If you have a good job and can …

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Realtor Robert Garrison thought he had put together solid deals for two homes in Palm Beach County. Then the appraisals arrived. One property, west of Lake Worth, had a contract for $257,000. The appraisal came in at $180,000. The other home, in …

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Dear Liz: I am a single, 38-year-old mother of a college student and make about $80,000 a year, which isn’t too bad considering my upbringing. My parents were alcoholics, and thus I never had a financial role model. Now that I am making decent money …

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