For the first time in two years, fewer homeowners are missing mortgage payments, Treasury Department regulators reported Wednesday, but foreclosures are surging as many loan-modification efforts fail. Three years have passed since the mortgage debacle made most sub-prime and nontraditional loans unavailable, and most loans since have been “plain vanilla” fixed-rate mortgages to prime-credit borrowers.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
HUD aims to help multi-story manufactured housing go vertical
HUD proposed a rule to allow chassis free upper floors in manufactured homes, a change developers say can cut $5,000 to $10,000 per home.
-
Intent beats volume: What real estate teams are learning from AI-powered follow-up
-
A search for a home in France shaped Real Brokerage CEO Tamir Poleg’s view on listing fragmentation
-
Don’t take the bait: The coordinated comms strategy for Zillow and Compass
-
Summit Sotheby’s International Realty shines in 2026 RealTrends rankings
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio