Both Bank of America and Chase are rushing to show the American public and the Obama administration that they are indeed modifying home loans and helping homeowners change their mortgage terms to produce more affordable payments. This comes after …

When most people think of a home loan they think of a mortgage, which is a large loan from a bank that makes it possible for most people to buy a home. Mortgages are usually hundreds of thousands of …

A new report by First American CoreLogic confirms some of our worst fears about the housing industry: it found that nearly 10.7 million homes, or 23% of US residential properties, actually owe more money on their homes than …