Mortgages

Lehman Brothers may soon take on a new life -- at least temporarily. Under the Chapter 11 reorganization plan it filed yesterday, the bankrupt firm proposes setting up a separate entity, Lamco, to manage its roughly $45 billion in non-cash assets, includi

The Bakersfield area was the fifth worst residential real estate market in the nation in January based on mortgage delinquency rates, foreclosures and other signs of a deeply troubled housing market. That's according to the latest monthly report from Fir

Pop quiz: A homeowner is paying $1,900 a month on a $400,000 adjustable-rate mortgage that's due to reset sometime this year. How much will that person pay once the mortgage resets?

At all levels of government, there are many programs designed to help homeowners weather the storm of the credit crunch and subsequent implosion of the housing market.

The Obama administration and the US Congress have together made inflation the real monetary policy of the United States. While pundits and talking heads focus on the bailouts and loan packages, they're missing the bigger picture.