U.S. single-family home prices fell in May on a seasonally adjusted basis, falling short of expectations of a slight gain.» Read More
CNBC's Diana Olick has the story on the growing number of borrowers falling behind on their mortgages for the first time.
Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month.
Even on Billionaire's Beach in Malibu, you can't escape the economy.
Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that is proposed to limit part of their legal liability in return for a multibillion dollar payment. The FT reports.
CNBC's Diana Olick has an update on the Federal Housing Finance Agency's suit against Bank of America Merrill Lynch and Barclays for allegedly misrepresenting the quality of mortgage securities sold at the height of the housing bubble.
CNBC's Diana Olick has the story on the Federal Housing Finance Agency suing banks over losses in residential mortgage-backed securities.
CNBC's Diana Olick has the story on the plunge in weekly mortgage applications due to a big pullback in re-financing.
CNBC's Diana Olick has the details on the latest report on home prices showing a mixed bag.
An outlook on homebuilders, with Robert Wetenhall, RBC Capital Markets analyst.
A borrower in Michigan recently received a letter from his mortgage servicer, CitiMortgage. It offers to discuss foreclosure alternatives, including potential eligibility for the government's mortgage bailout program. It is clear, succinct, and gives several phone numbers and contact information.
After several quarters of improvements, the number of U.S. homeowners who are late on their mortgages increased in the second quarter, according to a survey by the Mortgage Bankers Association.
Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, the New York Times reports.
CNBC's Diana Olick takes a look at orders for newly built homes.
Fame is no longer protection from foreclosure, and neither is success. Who are some of the celebrities who have gone through a foreclosure? Find out!
CNBC's Diana Olick has the story on Wells Fargo confirming it is no longer accepting applications or rate locks for FHA and conventional conforming loans above $625,500.
CNBC's Diana Olick reports on today's real estate activity.
Short-term deals offered on Groupon and other Web site may be the wrong strategy for local businesses that need more than a temporary sales boost to survive.
The percentage of late-paying mortgage holders—those who were 60 days or more late with payment—decreased in the spring for the sixth straight quarter, according to credit reporting agency TransUnion.
Just as we saw a double dip in home prices, we may be seeing another surge in foreclosures.
Banks have tried everything to get the glut of vacant homes on the market under control, including flat-out giving them away. But when that doesn't work, what do you do? Rev up the bulldozer.