A mortgage lender must stop sending overdue-payment information to credit agencies once the debtor notifies the lender in writing why he or she believes the reported debt is not overdue, a federal appeals court ruled Tuesday in a case brought ...

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LOS ANGELES — The U.S. is on track to end the year with the fewest homes repossessed by lenders in six years, a trend that should help limit the negative impact foreclosures have on home values. Lenders repossessed 36,964 U.S. ...

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WASHINGTON — Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out. The rules being unveiled Thursday by the Consumer Financial Protection Bureau impose a ...

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LOS ANGELES — More Americans are making their car payments on time, a trend that has sent the rate of overdue auto loans to the lowest level on records dating back more than a decade. The rate of U.S. auto ...

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More U.S. homes started on the foreclosure path in July, as lenders tackled a backlog of mortgages gone unpaid even as they pulled back on home repossessions. The number of homes that received an initial notice of default — the ...

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LOS ANGELES — U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report. Still, the rate of decline remains slow, ...

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Last month, a former law student won a bid in bankruptcy court to discharge nearly $340,000 in education debt because her diagnosis of Asperger syndrome rendered her unable to repay the loans. The U.S. Bankruptcy Court for the District of ...

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Kevin Kelehan, a partner with Carney, Kelehan, Bresler, Bennett and Scherr LLP  in Columbia, will receive the Trustees’ Award for Outstanding Service to Howard Community College. Kelehan co-chairs the Howard Community College Educational Foundation Campaign Council, which raises money to ...

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WASHINGTON — The Treasury Department rushed out a major revamp of its foreclosure-prevention program in 2010, limiting the plan’s ability to help people who are unemployed or owe more than their homes are worth, a government watchdog says. Treasury’s Hardest ...

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WASHINGTON — The average U.S. rate on a 30-year fixed mortgage rose above 4 percent for the first time in five months. The sharp increase suggests the window to buy or refinance a home at historically low rates is closing. ...

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