Personal Finance

Housing and Urban Development Secretary Shaun Donovan announces the government's $26 billion deal benefiting 2 million homeowners who are currently underwater.

The $26 billion foreclosure fraud settlement: By the numbers

The government and big banks strike a deal over alleged foreclosure abuses. Where will the money go?

Noah Lamaide raised more than $10,000 through his philanthropic website to save his grandmother's home from foreclosure.

The 12-year-old who saved his grandmother from foreclosure

A tween do-gooder turns the focus of his charitable "Dream Catcher Network" to a cause that's awfully close to home

In a short sale the owner sells the house for less than what is owed to the bank, while banks benefit by avoiding the costly process of foreclosure.

Short sales: The answer to America's housing crisis?

To sidestep the painful and expensive foreclosure process, lenders begin offering delinquent borrowers cash to sell their homes for less than they owe

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President Obama's mortgage plan aims to help those who owe more on their homes than their homes are worth.

Obama's mortgage plan: Who really benefits?

The president pitches his idea to rescue underwater homeowners. But is the new tax on banks that would cover the program's multi-billion costs a deal-breaker?

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Traders on the floor of the New York Stock Exchange: The Dow Jones Industrial Average has surprisingly climbed 19 percent since October.

The stock market's 'melt up': Will the rally end painfully?

The Dow is on a tear, but with economic storm clouds looming, complacent investors may be in for a rude awakening

Verizon's decision to make customers pay a $2 fee to pay their bill online or over the phone has many customers furious.

Verizon's 'greedy' $2 bill-pay fee

The wireless carrier flirts with charging millions of customers $2 a month to pay their bills online. Will this nickel-and-diming backfire?

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Nearly 29 percent of U.S. homeowners with mortgages owe more on their homes than the properties are worth.

Real estate crisis: America underwater

Millions of Americans owe more than their homes are worth, creating a dangerous drag on the economy

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Foreigners interested in staying in the U.S. can do so (for three years) if they buy American real estate worth at least $500,000, according to a new proposal.

Buy a house, get a visa?

A bipartisan Senate bill would give foreigners who buy U.S. homes worth at least $500,000 a residence visa. Could this gambit kickstart the housing market?

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Bank of America will initiate $5 monthly debit card fees starting early next year, and customers are threatening to walk out on the banking giant.

Bank of America's $5 debit fee: How bad will the backlash be?

The news that BofA customers will soon shoulder a monthly charge for debit purchases sparks outrage — and threats to abandon the bank altogether

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A trader looks concerned at the New York Stock Exchange: Europe's debt crisis is causing many to question whether stocks are no longer the promising investment they once were.

Is investing in stocks too frighteningly risky?

The dizzying ups and downs of equities markets are scaring investors all around the world — and some prognosticators believe a crash is inevitable

Today, only 45 percent of non-interest checking accounts are free of charges, compared to 65 percent just a year ago.

Why free checking is 'on the endangered list': 3 theories

In case you need another reason to be angry at the banking industry, the once-ubiquitous free checking account is reportedly going the way of the dodo

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Traders on the floor of the New York Stock Exchange: The Dow's Thursday crash capped a 5.9 percent decline over two days, which is the worst slide since late 2008.

Global market meltdown: Are stocks going to crash?

Abroad, the bear market has arrived. And many U.S. investors fear things will only get worse

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Traders work on the floor of the New York Stock Exchange Tuesday morning: Bracing for another September of Doom?

The stock market's history of September swoons: By the numbers

This month is notoriously the worst for stocks. And once again, we're off to a lousy start

A trader on the New York Stock Exchange: Stocks are trading cheaply relative to earnings and some are saying it's time to buy.

Are stocks really a bargain right now?

Analysts are split on whether the volatile market means investors should buy in or sell out

Traders work on the floor of the New York Stock Exchange: This week saw four straight days of 400-point swings on the Dow Jones Industrial Average -- the most in its history.

The Dow roller coaster: When will it stop?

After a week of historic stock market volatility, no one's sure if the worst is behind us — or if we're trapped on a long, bumpy ride without any Dramamine

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