NEW YORK, April 16- Wells Fargo Bank breached a nationwide 2010 legal settlement involving adjustable-payment mortgages, a federal judge ruled, finding that the bank did not properly evaluate homeowners who applied for help to avoid foreclosures. In an order on Wednesday, U.S. District Court Judge Richard Seeborg in northern California told Wells to meet with...» Read More
WASHINGTON, April 16- Foreclosure activity in the United States rose sharply last month, on an increase in bank repossessions, according to a report by industry firm RealtyTrac. The increase pushed foreclosure activity up 4 percent from year-ago levels, the first annual rise since September 2010. "The March increase is continued cleanup of distress still...
Home builders are bullish on low interest rates and continued job growth as spring home buying season kicks into high gear.
Mortgage applications decreased 2.3 percent from the prior week as interest rates ticked up slightly, according to an industry report.
High prices for San Francisco housing are finally hurting sales. The number of homes sold in February was the lowest for the month in seven years.
Zillow found that most homebuyers would be paying less per month to own a home than to rent after two years. But renters still aren't moving.
Loan applications to purchase a home rose for the third straight week, but lower interest rates were not enough to spur mortgage refinances.
Four million more loans would have been made between 2009 and 2013 if lenders had used the same standards as were used in 2001, says a new report.
Detroit's housing scene is making a comeback but a shortage of inventory is holding back the recovery.
Nonbank mortgage lending rose to 37.5 percent of the market during 2014, up from 14 percent in 2011. Who are the players?
Despite volatility in interest rates, mortgage applications moved decidedly higher last week, continuing their strong stride into spring.
Prices in the nation's top 20 housing markets were 4.6 percent higher in January than in January 2014. Is housing overheating again?
Home prices continued to increase in January despite slowing growth and seasonal weakness, a closely watched index showed on Tuesday.
Signed contracts to buy existing homes rose 3.1 percent from January, according to the National Association of Realtors.
In a growing number of foreclosure cases, lenders may never be able to seize the homes because the state statutes of limitations have been exceeded.
Unlike during the housing boom, some house flippers can't get mortgages to ply their trade. Instead they are turning to crowdfunding.
Mortgage applications soared to the highest level since January last week, thanks to the lowest interest rates since February.
The pace of new home sales in February jumped to the highest level in seven years, but it may be all about demand and the lack of supply.
Total home sales are still running below expectations for the year. Don't blame winter weather, though. Blame the lack of inventory.
Today's homebuyers are a nit-picky, recession-scarred bunch. They want serious value for their hard-earned cash. Some tips to woo them.
Companies moving to this Southern city are boosting housing demand, resulting in prices rising 8 percent in February from a year ago.