Befuddled by foreclosures?

Foreclosures have become a complicated mess for homeowners nationwide. Can you cut through the confusion? Take the CNNMoney foreclosure quiz.

By Jessica Dickler

Score so far: 0 of 0 points
1. What are "robo-signers?"
  • A) Computers that auto-approve loans.
  • B) Bank employees who sign loan documents without first reviewing their content.
  • C) Powerful cyborgs that pressure bank employees to sign off on financial documents that are known to be inaccurate.
More
Bernanke: We take foreclosure problems seriously
Fed Reserve Chairman says investigation is examining questionable foreclosure practices by Wall Street firms. (more)
We'd like to return these bad loans, please
Some big investors are asking banks to take back billions of dollars in loans, but it'll be a fight. (more)
Robo-signing: Just the start of bigger problems
Banks may be restarting the foreclosure process, but it doesn't mean their documents headache is over. (more)
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