Foreclosures

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• Housing Grows, Investors Still Look to Rentals 

  

  If housing is getting better, why would rentals be the place to invest? CNBC's Diana Olick looks at the demand and whether it is or isn't permanent.

• Goldman, Morgan Stanley to also settle on foreclosures -sources

  Jan 8- Goldman Sachs Group Inc and Morgan Stanley are expected to agree as soon as this week to a $1.5 billion settlement with federal regulators over botched foreclosure claims, two sources familiar with the matter said on Tuesday.

• Is the Fed Acting on 'Cross Purposes?' 

  

  A check on mortgage rates and Fed policy, with CNBC's Rick Santelli and Steve Liesman; Sen. Ron Johnson, (R-WI); and John Allison, Cato president.

• WRAPUP 1-BofA, other banks move closer to ending mortgage mess

  CHARLOTTE/ WASHINGTON, Jan 7- Bank of America Corp announced more than $14 billion of legal settlements over bad mortgages it sold to investors and flaws in its foreclosure process, taking the bank a step closer to ending the home loan problems that have dogged it for years.

• REFILE-UPDATE 3-US banks to pay $8.5 bln to end foreclosure reviews

  WASHINGTON, Jan 7- A group of 10 mortgage servicers agreed on Monday to pay a total of $8.5 billion to end a U.S. government-mandated case-by-case review of housing crisis foreclosures in an acknowledgement the program had proven too cumbersome and expensive.

• Blame Fannie and Freddie for Mortgage Crisis: Kovacevich

  

  Fannie Mae and Freddie Mac exacerbated the mortgage crisis and that's why the government should get out of the home loan business, former Wells Fargo CEO Richard Kovacevich told CNBC.

• Mortgage Applications Fall 

  

  Applications took a swan dive at the end of 2012, with refinances leading the way down, with CNBC's Diana Olick; Oliver Pursche, Gary Goldberg Financial Services; and Christopher Thornberg, Beacon Economics.

• 'Cliff' Vote Win For Housing Stocks 

  

  CNBC's Diana Olick reports housing stocks are up on two big tax breaks in the "fiscal cliff" deal passed last night in the House.

• Santelli Takes a Closer Look at Foreclosures 

  

  CNBC's Rick Santelli looks at the "good" and "bad" in the housing recovery.

• U.S. mortgage quality improves, but homeowners still struggle

  WASHINGTON, Dec 21- The U.S. housing market continues to show some signs of recovery as the quality of first-lien mortgages improved in the third quarter from a year earlier, but data suggests that some homeowners are still struggling to afford their monthly payments, according to a new government report.

• Housing Reaction to Fed Moves 

  

  CNBC's Diana Olick reports mortgage rates went higher after Wednesday's FOMC meeting; and Stan Humphries, Zillow chief economist, and Brian Lewis, Halstead Property, weigh in.

• Bank Repossessions Surge 

  

  Bank repossessions, or the final foreclosure stage when the banks take ownership of the home, jumped 11 percent in November, reports CNBC's Diana Olick.

• Housing Recovers, but the Repo Man Is Back

  

  Despite the overall drop in foreclosures, a huge backlog of homes already in the foreclosures process are finally going back to the banks in big numbers.

• U.S. new foreclosures lowest in six years in Nov -RealtyTrac

  NEW YORK, Dec 13- New foreclosures on U.S. homes hit their lowest in nearly six years in November, another sign the nation's housing market is recovering, according to a report on Thursday. Foreclosure starts were filed for the first time on 77,494 properties in November, the lowest since December 2006.

• Despite housing uptick, US tour to stop foreclosure carries on

  CHARLOTTE, N.C., Dec 7- When the non-profit group Neighborhood Assistance Corporation of America held its first foreclosure-prevention event in 2008, 8,000 people were waiting in line at 4 a.m. to get inside on the final day, said chief executive Bruce Marks.

• U.S. foreclosure sales pick up in Q3 -RealtyTrac

  NEW YORK, Dec 6- More U.S. homes in foreclosure were sold in the third quarter as lenders dealt with distressed properties at an earlier stage of the process, data from RealtyTrac showed on Thursday. A total of 193,059 homes in some stage of foreclosure were sold in the third quarter, up 21 percent from the previous quarter.

• TIMELINE-America's long stumble toward the 'fiscal cliff'

  WASHINGTON, Dec 3- The long, bumpy road to America's "fiscal cliff" has been traveled over many years by Congress and a series of U.S. presidents, including Barack Obama. Some of the steps along the way had good intentions. U.S. government budget in surplus under President Bill Clinton.

• October Construction Spending Up 1.4% 

  

  Construction spending has risen the most in five months, up 1.4 percent in October, reports CNBC's Tyler Mathisen, and CNBC's Diana Olick reports the amount of foreclosures is coming down.

• Rising Home Prices Bad for Housing 

  

  Home prices are back on the rise, reports CNBC's Diana Olick.

• How Rising Home Prices May Actually Stall the Recovery

  

  Some fear the rapid increase in home prices could actually start hurting the housing recovery.