GO
Loading...

Foreclosures

More

  • Are There Really Two Housing Markets? Tuesday, 6 Dec 2011 | 4:25 PM ET
    Sold sign

    As we head toward the end of the year, for some reason the drumbeat to claim that housing has bottomed is growing louder.

  • for_sale_reduction.jpg

    For the past several months, Realtors across the nation have been reporting an ever-increasing number of cancelled existing home sale contracts. The latest Realtors Confidence Index now puts the cancellation rate at 20 percent, way up from the historical norm of around four to six percent.

  • foreclosure_paperwork_stamp_200.jpg

    After a year of fruitless negotiations between major U.S. banks and the nation's state attorneys general, Massachusetts has filed the first major lawsuit over so-called "robo-signing" foreclosure processing.

  • Massachusetts AG Sues BofA   Thursday, 1 Dec 2011 | 1:00 PM ET
    Massachusetts AG Sues BofA

    New details are out on the first major state lawsuit against five big banks over foreclosure processing, with CNBC's Diana Olick.

  • Average Foreclosure Time Sets New Record Thursday, 1 Dec 2011 | 9:30 AM ET
    toy_home_lock_200.jpg

    Foreclosures are setting new records again, this time not in their overall numbers, but in the time it is taking for all of these properties to be processed through the legal system. The average loan in foreclosure has now been delinquent a record 631 days.

  • Cancellations Plague Pending Home Sales Wednesday, 30 Nov 2011 | 2:36 PM ET
    home_for_sale_200.jpg

    At first glance it seems like a huge and hopeful headline: Pending home sales, based on contracts signed, rose 10.4 percent in October from September. It certainly gives the impression that buyers are hopping off the fence and into the market. Well, let's not get ahead of ourselves.

  • New Home Prices Facing Growing Pressure Monday, 28 Nov 2011 | 1:12 PM ET
    reduced_price_sign1_200.jpg

    Sales of newly built homes are bouncing around a bottom, but prices are now at the lowest level of the year. The fact that October of this year saw the lowest price of the year so far is not good news going forward. What this means for the nation's big builders has the analysts split.

  • Home Sales Split By Price Monday, 21 Nov 2011 | 11:38 AM ET
    Sold sign

    Sales of existing homes in October beat expectations, registering a gain of 1.4 percent from the previous month, but that number masks a market that is heavily weighted to the low end. Realtors say they expect sales to bounce around the same levels for the rest of the year, with a very slight annual gain from 2010.

  • Home Builders See Signs of Hope Wednesday, 16 Nov 2011 | 10:00 AM ET
    home_building3.jpg

    Despite rising foreclosures and weak consumer confidence, the nation's home builders are seeing signs of hope in housing. Home builder confidence rose for the second straight month in November, according to the National Association of Home Builders' monthly sentiment survey, but builders warn it is still far below a positive reading.

  • couple_looking_at_house_200.jpg

    Real estate company Coldwell Banker has released its annual list of average home listings in college football towns (FBS). The average prices are for a three-bedroom, two bathroom home. Here are some of the highlights.

  • house_federal.jpg

    The government's mortgage insurer is coming dangerously close to holding no excess cash reserves for loan losses.

  • FHFA Senate Hearing   Tuesday, 15 Nov 2011 | 10:02 AM ET
    FHFA Senate Hearing

    CNBC's Diana Olick has the details on the Senate Banking Committee hearing on the Federal Housing Finance Agency and new information out of the FHA.

  • mansion_suburb_200.jpg

    In California, a raft of foreclosures has presented an unusual housing opportunity for thousands of college students, who can rent McMansions for a song. The New York Times reports.

  • US Foreclosure Activity Hit 7-Month High in October Thursday, 10 Nov 2011 | 9:21 AM ET
    Foreclosure

    More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show.

  • Half of US Mortgages Are Effectively Underwater Tuesday, 8 Nov 2011 | 5:45 PM ET
    reduced_price_sign2_200.jpg

    Over 50 percent of all mortgaged households in the US are effectively underwater — unable to sell for enough to pay the six percent Realtor's fee and put a down payment on a new home, a mortgage analyst says.

  • 11 Costly Sports Divorces Wednesday, 2 Nov 2011 | 12:07 PM ET
    On Oct. 31, 2011, the world was blindsided by the news that reality TV star Kim Kardashian was divorcing her husband, National Basketball Association star Kris Humphries. The couple had married on Aug. 20, 2011 in a storybook wedding worth . A mere 72 days later, however, Kardashian had filed for divorce, citing irreconcilable differences.Fortunately, the couple had a prenuptial agreement in place, so each party is likely to walk away from the union with their finances intact. This puts Humphrie

    However long they were married, the price of breaking the contract was huge -- sometimes even reached nine figures.

  • Challenge Your Foreclosure Now Tuesday, 1 Nov 2011 | 11:15 AM ET
    Foreclosure Sign

    It's late, and it's limited, but for borrowers who feel their homes were wrongly or inappropriately foreclosed upon in 2009 and 2010, there is now recourse.

  • Cashing In On Foreclosures?   Friday, 28 Oct 2011 | 10:34 AM ET
    Cashing In On Foreclosures?

    A new plan to help the housing market could make foreclosed homes a sought after commodity, with CNBC's Diana Olick.

  • Investors Raising Cash to Buy Government Foreclosures Thursday, 27 Oct 2011 | 1:10 PM ET
    Foreclosure

    What's weighing on confidence are still-falling home prices, and what's pushing those home prices down are foreclosures. That's why the Obama Administration is pushing a potential plant to auction off foreclosed properties in bulk to investors.

  • Obama Refi Plan is Not Housing Stimulus Monday, 24 Oct 2011 | 5:05 PM ET
    drowning_home.jpg

    "President Obama is taking action." At least that's what the blog on the WhiteHouse.gov says today in describing the president's trip to Las Vegas. "We can't wait to help homeowners," it goes.