Members of Congress spending more tax money on perks despite recession

Job losses, home foreclosures and the worst economy in decades have forced many Americans to cut back or do without

Economists Warn Another Financial on Way to U.S. Economy - ABC News

Another round of economic crisis, or the dark before a new dawn? "The panelists call for major banks to maintain liquid capitol of at least 15 to 25 percent of their assets, the enactment of stiffer consequences for executives of bailout recipients, and for government officials  …

Obama May Ban All Foreclosures Without Review by Loan-Modification Program...

The Obama administration may expand efforts to ease the housing crisis by banning all foreclosures on home loans unless they have been screened and rejected by the government's Home Affordable Modification Program.

Ohio Man Bulldozes $350K Home to Avoid Foreclosure

An Ohio man says he bulldozed his $350,000 home to keep a bank from foreclosing on it.

A look at foreclosure numbers

The Mortgage Bankers Association's quarterly report on foreclosures Friday showed fewer homeowners are starting to fall behind on their loans, compared with the third quarter. But the number of borrowers who have missed at least three payments kept growing.

Florida foreclosures soar, while crisis eases across the US