Foreclosure

There are some new figures out this morning from RealtyTrac about the number of foreclosures in the U.S. in the first half of this year, and they may shed some light on the so-far elusive housing recovery.

The California state legislature passed a law yesterday that sponsors are calling a "Homeowners Bill of Rights." Supporters say the changes will prevent unnecessary foreclosures.

A hard-hit Southern California county is giving serious consideration to a plan to seize troublesome mortgages.

Spike TV is introducing a new show this summer, "World's Worst Tenants," which will act out crazy-but-true stories of foreclosures and evictions.

The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.

Bank of America starts a foreclosure-prevention program that lets borrowers give up ownership of their home but stay on rent-paying tenants.

The $25 billion settlement announced last month finally details all the different types of relief for borrowers. But it sure took a long time.