Housing Foreclosures

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  • Tim Mayopoulos

    "We do think over the long term Fannie Mae can have strong profitability and can return a considerable amount of value to taxpayers," but as Tim Mayopoulos cautions, that depends on housing prices and other factors.

  • In a Twist, Both Home Prices and Rents Rise Tuesday, 7 Aug 2012 | 10:05 AM ET
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    Whether it is attitudes or lack of available credit keeping the rental market on a tear, at some point, as happened during the housing bubble, prices will prevail.

  • Mortgage

    Investors in housing are buying up as many distressed properties as they can find, but investors in the mortgage market are still sidelined, burned by the subprime bust that left many of them with huge losses.

  • Buy, Sell or Rent: Housing Heating up in Compton Thursday, 2 Aug 2012 | 2:53 PM ET
    People walk past the Martin Luther King Memorial at the Compton Civic Center in the Compton Civic Center on July 19, 2012 in Compton, California. The City of Compton located south of Los Angeles with a population of nearly 100,000 must decide by September 1 whether to file for bankruptcy.

    Prices rising. Bidding wars. Homes selling over list price. It's not 2005. It's 2012. In Compton, California.

  • Buy, Sell or Rent: Americans Rewrite the Dream Thursday, 2 Aug 2012 | 12:05 PM ET
    Diana Olick, Buy, Sell, Rent?

    American homes have never been more affordable than they are today. Prices are down dramatically, mortgage rates are at record lows and desperate sellers are willing to make concessions. Still about one third of Americans choose to rent.

  • Where Are the Move-Up Home Buyers? Wednesday, 1 Aug 2012 | 11:52 AM ET
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    Housing has never been more affordable, and yet home ownership is still falling and more Americans are renting. The supply of homes for sale is down 24 percent from a year ago, according to the National Association of Realtors, but that still doesn’t explain why so few buyers are jumping in. The answer lies in the immobile move-up buyer.

  • Obama Gets Big ‘No’ On Slashing Mortgage Debt Tuesday, 31 Jul 2012 | 3:44 PM ET
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    Despite strong pressure from the Obama administration, a federal regulator will not allow Fannie Mae and Freddie Mac to reduce mortgage principal.

  • Why Rise in Home Prices May Not Mean Much—Yet Tuesday, 31 Jul 2012 | 11:04 AM ET
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    This is not the first time since the initial home price collapse in 2006 that we have seen prices rise, only to fall again.

  • Renter Nation Rages On Friday, 27 Jul 2012 | 11:52 AM ET
    Couple looking at properties in window of real estate agency.

    The supply of empty homes for rent is falling, and the nation’s homeownership rate is hovering near a fifteen year low. How can that be when the housing market is finally turning around and more homes are selling? The answer is simple: Investors.

  • homes_for_sale2_200.jpg

    Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery.

  • New Crop of Foreclosures Is Coming Thursday, 26 Jul 2012 | 12:00 AM ET
    Foreclosure

    While fewer Americans are falling behind on their mortgage payments, the huge backlog of already delinquent mortgages is finally making its way through the banking system to foreclosure.

  • Bigger Mess Ahead for Foreclosures? Wednesday, 25 Jul 2012 | 4:42 PM ET
    Bigger Mess Ahead for Foreclosures?

    RealtyTrac's latest survey shows foreclosures are going to get a lot worse before they get better, with Brandon Moore, RealtyTrac CEO.

  • Home Sales Disappoint Twice Wednesday, 25 Jul 2012 | 10:43 AM ET
    Sold sign

    Sales of newly built homes fell hard in June, despite newfound optimism in the housing recovery, especially among the home builders themselves.

  • Apple's Miss Could Undermine Already Wobbly Stock Market Wednesday, 25 Jul 2012 | 4:43 AM ET
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    “It’s bad news for equities indices. We have to see if like other companies, this is just sort of a hiccup, or there’s something structural here," one pro said.

  • Home Price Bottom or Bubble? Tuesday, 24 Jul 2012 | 11:23 AM ET
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    Home prices rose according to the online real estate firm Zillow, a mere 0.2 percent in the second quarter of this year annually for the first time since 2007, prompting the site to call a “bottom” to home prices nationally.

  • Is the 30 Year Fixed Headed to 3 Percent? Monday, 23 Jul 2012 | 2:49 PM ET
    Mortgage

    Mortgage rates are a full percentage point below where they were one year ago, and that recently sparked yet another spike in mortgage refinance applications, according to the Mortgage Bankers Association.

  • Banks Get Foreclosed On Friday, 20 Jul 2012 | 3:06 PM ET
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    Homeowner associations are now going after banks, claiming they are not paying fees on homes they’ve repossessed.

  • Drop in Foreclosures Bad for Housing Market Thursday, 19 Jul 2012 | 11:59 AM ET
    Foreclosure

    In a normal housing market, lack of supply is generally considered a good thing. Home prices rise and homeowners gain equity. But like so many things in this recovery, that premise doesn’t exactly apply.

  • Existing Home Sales Down 5.4% in June Thursday, 19 Jul 2012 | 10:05 AM ET
    Existing Home Sales Down 5.4% in June

    CNBC's Diana Olick reports the disappointing numbers on housing's existing home sales.

  • Foreclosure Crisis Hits Older Americans Hard Thursday, 19 Jul 2012 | 9:29 AM ET
    Retirement savings

    More than 1.5 million older Americans already have lost their homes, with millions more at risk as the housing crisis takes its toll on those who are among the worst positioned to weather the storm, an AARP report says.