Job Losses Closing Door to Female Homeownership

Heavy job losses in March are raising the specter of more missed mortgage payments. Men suffered the worst unemployment, but women’s personal finances tend to be more precarious, which could put them in the middle of the next foreclosure wave.

Economic Rescue Plan Called MIA for Women

Last week the Federal Reserve stepped in to save financial giant Bear Stearns from bankruptcy. Women’s advocates say a similar rescue package must be crafted for women losing jobs and homes and facing tax payments on April 15.

Women Help Explain Sub-Prime Mortgage Jitters

Rising fears of sub-prime mortgage defaults spooked the financial markets last week. One woman’s story and recent studies show how women are disproportionately vulnerable to this financial liability. Advisors recommend pre-mortgage counseling.