A majority of the largest metropolitan areas in the U.S. got good news recently on the mortgage front: Foreclosures dropped in the third quarter.
Banks are increasing the speed of foreclosures once again, but you can prevent becoming a statistic.
The new Consumer Financial Protection Bureau will target discriminatory lending under powers granted through federal fair lending laws.
There's some good news on the foreclosure front, but they still remain a serious impediment to economic recovery.
According to a report from analytical firm CoreLogic, 22.8% of all residential properties with a mortgage were under water in the fourth quarter of 2011.
Mortgage delinquencies are down but foreclosures are up, making it difficult to answer the recurring question: Is the housing market getting any better?








