Finance & Mortgage

OECD: Canadian real estate a risk to economy

Rising real-estate prices in Canada is causing risks to the world’s 10th-largest economy, according to a report released by the Organization for Economic Cooperation and Development on Wednesday.

Pa. lawmakers want mortgage settlement for mortgage aid

Pennsylvania's House of Representatives has voted unanimously on Tuesday, passing a state Senate bill that will use all funds from the National Mortgage Settlement to aid homeowners at risk of foreclosure.

Home prices dampen American wealth

Americans suffered a record decline in wealth due to the recession between 2007 and 2010 as home values dropped to record lows, according to a Federal Reserve report released on Monday that detailed the extent of the recession.