Families struggling to care for elderly turn to mediation – Trained mediators increasingly are helping families at odds when it comes to resolving emotional disputes over the care and finances of aging parents.

Divorce and the Shared Mortgage – Deciding what to do with the house can be a major quandary for couples getting a divorce, particularly when they share a mortgage.

Repossessions spike 66% as foreclosure crisis lingers – New foreclosures may be back to nearly normal, but the mess from the epic housing disaster in the last decade is far from gone. Bank repossessions, the final stage of the foreclosure process, jumped 66 percent year over year in the third quarter of this year, according to RealtyTrac, a foreclosure sales and analytics company. It’s the largest annual rise ever recorded in bank repossessions by RealtyTrac. More than 123,000 homes went back to the bank in just three months.

Credit Card Debt is Big Market for Marketplace Lending – Marketplace lending sites have quickly capitalized on one segment of personal debt: Credit Cards.

10 cities where foreclosures still haunt the housing market – Foreclosures aren’t as big a part of the housing market as they were just after the recession, but they’re still a sizable portion of homes sold across the U.S.

Riskier mortgage bonds are back — but don’t call them subprime – High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights.

Average US rate on 30-year mortgage rises to 3.89 percent; 15-year loan up to 3.09 percent – Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal Reserve interest-rate policy.

Foreclosures Down – Investor Challenges – CoreLogic.com has released their June 2015 Foreclosure Report, and it shows that foreclosures continue to decline in number.

Hidden Divorce Penalty Is Older Age Poverty – Divorced women who deferred their education to put husbands through school or moved multiple times to enable their husbands to move up the career ladder are at special risk. So are those who gave up jobs to raise children.

How a foreclosure becomes a vacancy: The House Next Door – When a foreclosure notice hits, many homeowners abandon their homes.

Even as mortgage closing costs drop, you’d better shop around – The average total cost a borrower pays to close on a home loan has dropped slightly, an exclusive Bankrate.com survey finds.

Greece debt crisis: Athens stock market ends 16% lower as manufacturing plunges – as it happened – The Greek stock market ended 16.23% lower, its worst daily performance since 1985 when modern records began, with banking shares inevitably the main fallers. There were only nine gainers, including furniture maker Dromeas which gained around 29% after announcing – somewhat ironically given Greece’s problems with the EU – that it had wond a €30m deal to supply European Commission offices.

What every contractor needs to know about mediation – A generation ago, mediation of construction disputes was unusual. Today, it is rare that a construction claim goes to trial without some effort at mediation first. Indeed, a substantial percentage of construction contracts require mediation as a precondition to filing suit or demanded arbitration.

10 Common Mistakes People Make In Divorce (And How To Avoid Them) – The stakes are high in a divorce. From divvying up assets to determining child custody arrangements, there’s a lot on the line during the legal process — and a lot of ways to screw it up.

Average US rate on 30-year mortgage falls to 3.98 percent; 15-year rate down to 3.17 percent – Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.

Student loan debt is not hurting America’s housing market – Rising tuition costs may be a problem, but not for the housing market.

Fitch: U.S. Consumer Bankruptcies Set to Fall to Eight-Year Low – Continuing momentum in the overall economy is positioning U.S. personal bankruptcy filings to fall to levels not seen in nearly eight years, according to Fitch Ratings in a new report.

Average US rate on 30-year mortgage falls to 4.04 percent – Average long-term U.S. mortgage rates fell this week, retreating from highs for the year and amplifying the incentive for prospective home buyers.

Mediation ruled first step in cyber coverage case – Policyholders scored a victory in a closely-watched cyber coverage case, in which a U.S federal court in Los Angeles dismissed a case filed by an insurer seeking to deny coverage.

10 Ways Divorce Changes Your Parenting — For The Better – You don’t know how strong and capable you are as a parent until you’re forced to raise your kids on your own. Whether you have full or shared custody, parenting after divorce is a tough road to walk.

How a Good Government Can Beat Bad Debt – It’s not the size of the debt that counts. It’s the ability to manage it