News
Mortgage servicers are slowly easing into the Nevada foreclosure process again.
Notices of default, the first step in the foreclosure process, plunged in October after a new law...
The Department of Housing and Urban Development granted $42 million in housing counseling funds within three months.
HUD Secretary Shaun Donovan said in a conference call with reporters Friday the department cut the usual timeline by 70%.
Congress eliminated $88...
Troy Foquet, a real estate developer in Hammond, La., pleaded guilty to defrauding a community bank once approved for a federal bailout.
The Special Inspector General for the Troubled Asset Relief Program...
The head of the Consumer Financial Protection Bureau said Friday the only way to create meaningful change in the mortgage market is for citizens to unite with federal agencies, state officials and local partners.
Speaking in Indianapolis to the nation's top business...
The head of the Consumer Financial Protection Bureau said Friday the only way to create meaningful change in the mortgage market is for citizens to unite with federal agencies, state officials and local partners.
Speaking in Indianapolis to the nation's top business...
Higher gas prices and inflationary fears pushed consumer sentiment...
Higher gas prices and inflationary fears pushed consumer sentiment...
The Cuyahoga County Land Bank and the City of Cleveland pledged $14 million toward vacant home demolition, and expect a match from the state foreclosure settlement coffers.
Ohio will receive $335 million from the $25 billion agreement with the top-five mortgage servicers.
The...
The Cuyahoga County Land Bank and the City of Cleveland pledged $14 million toward vacant home demolition, and expect a match from the state foreclosure settlement coffers.
Ohio will receive $335 million from the $25 billion agreement with the top-five mortgage servicers.
The...
The United States account deficit widened in the fourth quarter, showing another area of economic weakness for the nation. Still, signs of a housing turnaround are emerging, analysts with Capital Economics say.
As economists continue to track slow sales and a lagging real estate...
The United States account deficit widened in the fourth quarter, showing another area of economic weakness for the nation. Still, signs of a housing turnaround are emerging, analysts with Capital Economics say.
As economists continue to track slow sales and a lagging real estate...
Under pressure from restless lawmakers awaiting action, Securities and Exchange Commission Chairwoman Mary Schapiro said her agency will implement the federally mandated CEO-to-employee pay ratio disclosure requirement "in the next couple of months."
Schapiro, speaking...
Under pressure from restless lawmakers awaiting action, Securities and Exchange Commission Chairwoman Mary Schapiro said her agency will implement the federally mandated CEO-to-employee pay ratio disclosure requirement "in the next couple of months."
Schapiro, speaking...
[Updates status of amendment]
Lawmakers attempted to move a regulatory framework for covered bonds took another step forward this week, though not a conventional one.
Sens. Bob Corker, R-Tenn., and Kay Hagan, D-N.C., filed...
Federal Housing Finance Agency analysis used to prevent principal reduction on Fannie Mae and Freddie Mac loans was seriously flawed, according to one leading analyst.
"We have reviewed the study and have a number of very substantial...