For millions of Americans who were underwater on their mortgages, the tide is finally receding.
That's good news for the
A growing number of homeowners who owe more on their mortgages than their property is worth are opting for "strategic default," which means walking...
The Obama administration on Friday announced a $14 billion program to shore up the housing market by giving lenders incentives to slash some mortgage...
[Editor's Note: This analysis of the U.S. mortgage market is part of a two-story package that appears in today's issue of Money...
By Don MillerAssociate EditorMoney Morning Almost a quarter of U.S. homeowners now owe more on their mortgage than their homes are worth, according...
