U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble.» Read More
Europe's tallest residential building will open in Canary Wharf in the latest evidence of London's effervescent housing market.
Fewer U.S. homes are ending up in foreclosure and repossessed by banks. Here's why.
WASHINGTON, Nov 12- A regulator of the top U.S. banks on Tuesday published new ground rules over when it would tell banks to hire outside consultants, after critics accused it of botching a review of past home foreclosures.
Fewer U.S. homeowners are falling behind on their mortgage payments, aided by rising home values, low interest rates and stable job gains.
Contracts to buy homes dropped sharply in September from October, reflecting higher mortgage rates and home prices that have made purchases more costly.
Foreclosure scams are up 58 percent, and the state that's tops in mortgage fraud investigations has held its lead for the fifth straight year.
According to a new report, more than 1.34 million homes are in foreclosure. CNBC's Diana Olick looks at where investors can get the best deals.(Honolulu is on the list.)
NEW YORK, Sept 23- Oaktree Capital Group is leading an effort to put up for sale roughly 500 fully-leased homes, an indication some early investors are looking to cash-out on the recovery in U.S. housing prices, according to sources familiar with the market.
Britain's Foxtons priced its London listing at the top of its range, valuing the estate agent at $1 billion, and defying concerns the property market is overheating.
New home prices in China rose in 69 of 70 major cities in August from the previous year, official data showed on Wednesday, same showing as in July, backing the case for more cooling measures from the government.
CNBC's Diana Olick looks back at the collapse of the housing market five years ago and whether it could happen again.
American Campus Communities' shares are down 28 percent this year as investors worry there's a glut in student housing and that enrollments will drop.
There were fewer U.S. foreclosures in July than a year ago, while properties in the foreclosure pipeline also fell, according to CoreLogic data.
NEW YORK, Aug 29- There were fewer U.S. foreclosures in July than a year ago, while properties in the foreclosure pipeline also fell as the housing market continued to improve, according to data from CoreLogic released on Thursday. There were 49,000 completed foreclosures last month, down from a 65,000 in July of last year, CoreLogic Inc said.
Shari Olefson, author of "Foreclosure Nation," and Tanya Marchiol, CEO of Team Investments, discuss the decline in recent housing data and what it indicates about the recovery.
"That seems to me to violate the Constitution," said Judd Gregg, SIFMA CEO, discussing the "Golden State's" plans to become the first nation to use "eminent domain" as a way to stop foreclosures.
Shari Olefson, author of "Foreclosure Nation", tells CNBC that the biggest problem in the US is still inventory but some of those foreclosures are starting to work through the system.
Nearly half of the mortgages modified in 2009 under the Obama administration's signature homeowner rescue effort are in default again, according to a new report.
WASHINGTON, July 24- Nearly half of the mortgages modified in 2009 under the Obama administration's signature homeowner rescue effort are in default again, according to a report on Wednesday that raised concerns about the program's effectiveness.
NEW YORK, July 17- U.S. federal prosecutors are considering a new strategy for criminally charging Wall Street bankers who packaged and sold bad mortgage loans at the height of the housing bubble, according to a federal official familiar with the investigation.