Q: Hi. I have a severely underwater condo as my principal residence. I can make the payments, but would like to short sell it to my sister. Then I would like to buy it back from her for cash. Will ...

If you're underwater and facing financial distress, what might Fannie Mae's and Freddie Mac's new short-sale reform policies mean for you? Potentially a lot - even if you are current on your mortgage ...

WASHINGTON - If you're one of the estimated 11 million homeowners burdened with an underwater mortgage, a new federal policy change could be good news: Starting in June, when you want to do a short ...