Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...

Underwater homeowners explain why they’re walking away from their mortgages, even though they can afford the payments. On “60 Minutes,” Morley Safer talks with a few of the approximately one million ...

Who would risk the negative impact of defaulting on a mortgage if they didn’t really have to? About 17 percent of Americans who defaulted on their mortgages in the second quarter of 2010 did exactly ...

The housing crisis brought several new words into the American lexicon, including the oft used phrase “strategic default.” But is the strategic default option worth it for homeowners who are ...

As a second generation loan officer, who has founded his business on building stable communities one homeowner at a time, I have found it philosophically troubling to advise clients on the pros and ...

The truck pulled away from the curb, loaded with Wallace Farmer's possessions. He locked the front door for the last time and left town -- clutched by a long-simmering anger that finally gave way to ...

All homeowners learn pretty quickly that buying the house is only the first step. Depending on the length of your mortgage, ...