Business - Real Estate

Legislation to extend unemployment benefits and expand a popular tax credit for homebuyers overcame the last in a string of Senate procedural hurdles Wednesday, but it may have to wait one more day to cross the finish line. Full Story »

IRVINE, Calif. — Goldman Sachs was one of the last Wall Street giants to enter the subprime lending world, but when it did, it quickly climbed into bed with profligate, highflying firms — companies such as New Century Financial Corp. Full Story »

NEW YORK -- Inside the thick Goldman Sachs investment circular were the details of a secret, $2 billion deal channeled through a Caribbean tax haven. Full Story »

SAN JOSE, Calif. -- When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand the perils of subprime mortgages. Full Story »

WASHINGTON -- Why didn't Wall Street firms tell potential investors that the bonds they were selling them were rotten? Why did their business partners, including subprime mortgage lenders, ignore glaring evidence that borrowers weren't qualified and give loans to virtually anyone with a heartbeat? Full Story »

The extension and expansion of a tax credit for first-time homebuyers has been incorporated into Senate legislation that would extend unemployment benefits. Full Story »

With blessings from the Obama administration, the Senate now appears likely to pass a bipartisan compromise extending and expanding a tax credit for homebuyers. Full Story »

As Congress considers extending and expanding a tax credit for first-time homebuyers, government auditors raised significant questions Thursday about the administration of the tax break, warning that thousands of ineligible recipients are claiming the credit. Full Story »

Housing and Urban Development Secretary Shaun Donovan equivocated Tuesday on whether Congress should extend an expiring tax credit for first-time homebuyers. Full Story »

Legislation to extend unemployment benefits has become entangled with a bipartisan effort to extend a popular tax break for first-time homebuyers. Full Story »

A congressionally created financial watchdog warned on Friday that an Obama administration plan to stem foreclosures will be insufficient to keep millions of Americans from losing their homes. Full Story »

The revelation that Countrywide Financial recorded phone conversations as part of a specialized "VIP" mortgage loan program has added another twist to a Republican-led inquiry on Capitol Hill. Full Story »