Foreclosures
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CNBC's Diana Olick looks at the growing market for jumbo loans. Fred Glick, US Loans Mortgage president, and Christopher Mayer, real estate professor at Columbia University, discuss the Fed's impact on jumbo loans and why they're increasing.
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Several of the largest U.S. public home builders will report earnings next week, and analysts are looking for guidance as to whether the housing recovery may be stalling.
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Mark Zandi, chief economist at Moody's Analytics, talks to CNBC's Steve Sedgwick about the US economy, the housing crisis and whether he could be the next man in charge of the Federal Housing Finance Agency.
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U.S. builders ratcheted up construction, but the growth was entirely in apartment buildings. Multifamily housing starts are now running much faster than the 10-year average.
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NEW YORK, April 11- The number of U.S. homes lenders repossessed fell in March to the lowest level in more than five years, though more properties entered the foreclosure process in a reminder that the market has a long way to go to full recovery, data from RealtyTrac showed on Thursday.
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WASHINGTON, April 10- Two Democratic lawmakers lambasted federal regulators whom they accuse of using an obligation to protect bank "trade secrets" as an excuse not to hand over details of a botched review of home foreclosures.
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WASHINGTON, April 9- Borrowers whose homes were in foreclosure in 2009 or 2010 can expect to receive between $300 and $125,000 under settlements reached between top banks and U.S. regulators earlier this year.
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WASHINGTON, April 9- Borrowers whose homes were in foreclosure in 2009 or 2010 can expect to receive between $300 and $125,000 under settlements reached between top banks and U.S. regulators earlier this year.
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WASHINGTON, April 4- A federal government watchdog faulted U.S. bank regulators for the poor performance of third-party consultants reviewing more than 4 million home foreclosures by mortgage servicers in a botched process that was halted earlier this year.
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Florida tops the list of zombie properties with 90,556 vacant homes in foreclosure, according to a foreclosure inventory released on Thursday by RealtyTrac, a real estate information company in Irvine, California. Illinois and California ranked a distant second and third with 31,668 and 28,821 zombie properties respectively on the list.
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CNBC real estate reporter Diana Olick with what to expect in the housing sector this spring.
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WASHINGTON, March 27- The number of new U.S. foreclosures initiated in the fourth quarter of 2012 fell to the lowest level since officials began tracking them during the financial crisis, a government report said on Wednesday.
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The U.S. housing market will see no surge at the start of spring, as fewer buyers signed contracts to purchase existing homes in February.
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David Stevens, Mortgage Bankers Association CEO, discusses how credit flow will impact home sales this Spring.
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Foreclosure rates soared ten percent last month. Steven Hilton, Meritage Homes chairman & CEO, provides perspective on the housing market, and where he sees future growth areas.
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CNBC's Rick Santelli talks with Glenn Schultz, Performance Trust Mortgage Analytics about the Fed and mortgage backed securities.
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CNBC's Diana Olick discusses the challenges facing America's housing industry, with Kevin Watters, Chase CEO of mortgage banking.
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Bank repossessions fell 11 percent in February from January, and foreclosure starts jumped 10 percent, reports CNBC's Diana Olick.
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CNBC's Diana Olick reports that states where a judge is involved in the foreclosure process are lagging in the housing recovery, because of incredible backlogs.
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CNBC's Diana Olick looks at today's mortgage application numbers. A drop in the rate of the 30-year fixed sent mortgage apps higher, she reports.
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U.S. home prices rose as more homeowners turned to distressed sales rather than foreclosure, in another sign the recovery in the housing market is gaining traction, data from CoreLogic showed on Tuesday.
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