Fed moves to help distressed homeowners
With home foreclosures spiking, the Federal Reserve is taking steps to try to keep some distressed borrowers in their homes.

Foreclosure suspensions extended through Jan.
Mortgage giants Fannie Mae and Freddie Mac will extend the suspension of foreclosure sales and evictions from single-family homes through the end of January.

Citi agrees to let judges alter mortgages

A trio of Democratic senators say they have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures.

Foreclosures increased 81 percent last year
More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81 percent increase from 2007, with the worst yet to come.

Market Conditions
Houston real estate expert, Jan Jackson, is reporting that sales fell 16 percent last month, though this was an improvement from November figures.

Hot Market: Washington Neighbor Beginning Roll to Recovery
As the new president takes office, he’ll be moving into the middle of one of the country’s real estate markets that’s in full throttle recovery.

Hot Market: Washington Neighbor Beginning Roll to Recovery
As the new president takes office, he’ll be moving into the middle of one of the country’s real estate markets that’s in full throttle recovery.

Industry slams Citigroup mortgage deal
A top bank industry group said it opposes an agreement between Citigroup and Democratic senators that would change bankruptcy law to help troubled mortgage borrowers avoid foreclosure.