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Analysts with the Bank of America Merrill Lynch believe the federal government’s real estate-owned (REO) rental program could encompass 20 percent of the national foreclosure total.
CoreLogic released negative equity data showing that 11.1 million, or 22.8 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2011...
Lewis Ranieri — who’s credited as a co-inventor of the mortgage-backed security — has co-authored a new research paper supporting the federal government’s Real Estate-Owned (REO) Initiative...
Federal Housing Administration (FHA) Commissioner Carol Galante announced Monday that the agency will be restructuring premiums for all FHA-insured single-family mortgage loans.
The National Association of Realtors reported that pending home sales reached their highest point in nearly two years in January, according to a story on HousingWire.
The Federal Housing Finance Agency (FHFA) has begun the first pilot transaction of its program to turn foreclosed Fannie Mae and Freddie Mac homes into rental properties, according to HousingWire...
Despite his initial predictions for a housing recovery not panning out, Warren Buffett still believes the market will get back on track soon, according to Business Insider.
NAHB reports that sales of newly-built, single-family homes declined by less than one percent in January from an upwardly revised number in the previous month; this brought them to a seasonally...
With the housing market in a lethargic recovery, John K. McIlwain of the Urban Land Institute offers three ways to help revive the market.
A large portion of a multibillion-dollar settlement between the state of Ohio and several large mortgage lenders will go toward demolition of foreclosed, dilapidated houses in the Cleveland area...
A new report from Bloomberg indicates that first-time homebuyers are having difficulty securing loans thanks to student loan debt totals nearing $1 trillion.
Builder confidence in the 55+ housing market for single-family homes went up four points to 18 compared with the same period a year ago, according to NAHB's 55+ Housing Market Index.
The CEOs of some of the nation’s biggest homebuilding companies said Thursday that they feel the housing market has stabilized, but they were careful not to be overly optimistic even with the...
The Illinois Attorney General has filed a lawsuit against Standard & Poor’s, claiming that the agency gave fraudulently high ratings to risky mortgage-backed investments in the years prior to...
Home prices fell for the third consecutive month in November in almost all cities covered by the Standard & Poor’s/Case-Shiller home price index.
Investment blog 24/7 Wall Street compiled a list of the top 10 states with the highest average mortgage debt, using data from Credit Karma.
During his State of the Union address last week, President Obama announced the creation of a new unit that will investigate financial institutions suspected of improperly bundling home loans into...
The third quarter of 2011 saw more than 200,000 foreclosed homes purchased nationwide, which accounted for 20 percent of all sales in that period, according to a CNNMoney story based on RealtyTrac...
As of December 2011, Oklahoma sports the highest foreclosure savings rate, according to a Business Insider story based on RealtyTrac data.
The latest edition of the Pending Home Sales Index indicates that sales declined in December 2011 but were still significantly higher than the previous year, according to the National Association...
