News
Housing starts in July soared above year ago levels with 746,000 units under construction, up 21.5% from 614,000 starts in July 2011, the U.S. Census Bureau said. Still, starts fell 1.1% from 754,000 units in June.
Single-family housing starts hit 502,000 units in July,...
California home prices in July reached their highest level since 2008, according to analytics firm DataQuick.
Home sales in the Golden State went for a median price of $281,000 in July, up 11.5% from one year ago and 2.6% from the previous month. July marked the fifth-...
President Obama and GOP challenger Mitt Romney should start talking about their housing policy intentions, experts in the industry said.
A group of associations, nonprofits and think tanks made speeches and conducted a panel discussion in Washington, D.C., Wednesday to elevate the housing...
Shrinking inventory and a shift toward short sales is causing analysts at Bank of America Merrill Lynch ($13.43 0.07%) to dramatically revise...
Shrinking inventory and a shift toward short sales is causing analysts at Bank of America Merrill Lynch ($13.43 0.07%) to dramatically revise...
An agency set up by San Bernardino County officials will determine Thursday if the local government will go ahead with a controversial plan to seize underwater mortgages through eminent domain.
The proposal first surfaced in the California county earlier this summer. The government there...
An agency set up by San Bernardino County officials will determine Thursday if the local government will go ahead with a controversial plan to seize underwater mortgages through eminent domain.
The proposal first surfaced in the California county earlier this summer. The government there...
A special vehicle put together by subprime mortgage servicer Ocwen Financial Corp. ($44.25 0.27%) plans to acquire government-backed loans soon...
A special vehicle put together by subprime mortgage servicer Ocwen Financial Corp. ($44.25 0.27%) plans to acquire government-backed loans soon...
Lenders offering high-risk mortgages in the future may have to hire certified, licensed appraisers to conduct interior property inspections to comply with federal appraisal standards, the Federal Reserve said.
The Fed and five other agencies charged with fleshing...
Lenders offering high-risk mortgages in the future may have to hire certified, licensed appraisers to conduct interior property inspections to comply with federal appraisal standards, the Federal Reserve said.
The Fed and five other agencies charged with fleshing...
Ally Financial Inc. can further reduce the Treasury's ownership stake in the company by selling all or a portion of its international auto lending units to General Motors Financial Co., Fitch Ratings said Wednesday....
Current and prospective sales conditions for the next six months are better than they have been in more than five years, Barry Rutenberg, chairman of the National Association of Home Builders, said.
“While there is still much room for improvement, we have come a long way...
Goldman Sachs ($158.18 3.71%) won dismissal Tuesday of a shareholder suit claiming board members and executives ignored mortgage securities and...
Goldman Sachs ($158.18 3.71%) won dismissal Tuesday of a shareholder suit claiming board members and executives ignored mortgage securities and...