Report: Rising foreclosures will drain economic activity from major metropolitan areas
DETROIT - Rising foreclosures will lead to billions of dollars in lost economic activity next year in the nation's major metropolitan areas, but homeowners and financial institutions have the ability to work …

Pair accused in plan to loot apartments
Two women donned wigs and designer clothes to pose as potential apartment buyers in some of Manhattan's most expensive neighborhoods so they could steal from the luxury homes, prosecutors said.

U.S. mayors facing foreclosure crisis
A mortgage industry group agreed Tuesday to help the nation's mayors raise public awareness about ways to avoid falling into foreclosure as part of an effort to address the nation's housing crisis.

Mayors fear economic impact of widespread mortgage defaults
The Mortgage Bankers Association agreed Tuesday to help the nation's mayors raise public awareness about ways to avoid falling into foreclosure as part of an effort to address the nation's housing crisis.