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More U.S. homes are entering the foreclosure process, setting the stage for a surge in properties repossessed by lenders this year.
Tagged with: foreclosure mortgage RealtyTrac
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Feds to propose new mortgage lending rules
The federal government proposed new rules on Tuesday that will give homeowners more ways to avoid foreclosure and get an accurate accounting of their monthly mortgage payments.
Tagged with: foreclosure mortgage
Read More »Contracts for US homes dipped in February
The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season.
Tagged with: building permits home sales mortgage permits
Read More »Some states saw spike in foreclosures in February
Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims.
Tagged with: foreclosure mortgage RealtyTrac
Read More »Average rate on 30-year mortgage down to 3.90 percent
The average rate on the 30-year mortgage edged down this week to hover again above record lows.
Tagged with: Freddie Mac home sales homebuilders mortgage
Read More »Realtors hope $25B foreclosure settlement will spark housing revival
With the residential real estate industry shell-shocked from years of a moribund market, its spokespeople can be forgiven for taking a cautious attitude toward Thursday’s announcement of a $25 billion settlement with five of the nation’s biggest mortgage lenders over flawed and fraudulent foreclosure practices.
Tagged with: blog foreclosure Hot Topics mortgage Stodder
Read More »Wisconsin to use part of mortgage settlement for budget (UPDATE)
Wisconsin plans to use about $26 million of its $140 million share of a national mortgage settlement to help plug a state budget hole, a move that drew criticism from Milwaukee's mayor.
Tagged with: budget foreclosure mortgage Scott Walker Tom Barrett
Read More »States, banks reach foreclosure-abuse settlement (UPDATE)
U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.
Tagged with: foreclosure mortgage Scott Walker
Read More »Obama proposes broad refinancing for homeowners
President Barack Obama is proposing a program to allow homeowners with privately held mortgages to refinance at lower interest rates.
Read More »$25B nationwide mortgage deal goes to states
The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday.
Tagged with: foreclosures mortgage robo-signing
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