The Foreclosure Nightmare
Rachel Keyser and her daughter, Sydney, stand in front of their house in Deerfield, N.H. Since falling prey to a mortgage scam in 2004, Keyser has faced repeated attempts to foreclose on the house.
After a bank employee's scam undermined her mortgage, homeowner Rachel Keyser thought she might get some help. Instead, her bank has repeatedly tried to foreclose on her house.
A family says Wells Fargo improperly foreclosed on them after the bank misplaced a document.()
October 26, 2010 A federal auditor says the Home Affordable Modification Program is reaching too few people and hurting some homeowners by stringing them along, then rejecting them. But new data show the program is working well for those homeowners who actually manage to qualify.
November 10, 2010 Two Columbia University economists have proposed a plan to help Americans save thousands of dollars on their mortgages every year. It would help all types of homeowners refinance, including those who are in good financial shape, and those who are on the cusp of foreclosure.