The Mortgage Bankers Association’s quarterly survey found that one in seven homeowners are either late on their payments or are already in foreclusure. Go to Source

A program in Philadelphia has enabled hundreds of troubled borrowers to retain their homes. Go to Source

Unless the Obama antiforeclosure plan is modified, it has little chance of making a meaningful dent in the housing crisis. Go to Source

After a slow start, the Obama administration’s mortgage relief program has reached one in five eligible homeowners, a government report said. Go to Source

Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday. Go to Source

Extending the home buyer’s tax credit is wasteful; instead, Congress should help people avoid foreclosure. Go to Source

Unable to do much about runaway foreclosures, the states’ top lawyers are thinking of suing banks for fraudulently marketing mortgages. Go to Source