HUD secretary to resign

Controversial Housing and Urban Development Secretary, Alphonso Jackson is expected to announce his resignation Monday following allegations of cronyism.

Congress and Treasury to tackle mortgage crisis

Congress are racing to push through an array of election-year housing measures designed to help homeowners caught in the mortgage meltdown.

Candidates to tackle mortgage crisis

As the race to the White House heats up, the contenders for the Presidency have aired their reactions to the mortgage crisis, with Democrat Barack Obama mocking Senator John McCain for urging government restraint in responding to the mortgage mess.

Home prices fall - Fannie Mae reacts

It's widely acknowledged that housing is a key component of the economy. In fact, housing represents 15.2 percent of the U.S gross national product so worried glances must have been exchanged when a recent survey released earlier today revealed home prices in 20 U.S metropolitan areas fell in January by the most on record.