Some of the biggest loan services in the country claimed that they have modified or refinanced a considerable number of distressed loans, and thus, helping many homeowners save their … More >>
About 1.53 million REO properties for sale were posted all over the country from January to June 2009. More >>
Based on a report on foreclosed homes nationwide in the first 6 months of 2009, the Making Home Affordable Program failed to make a substantial dent on foreclosures across the country. More >>
Because of continued pressure on the Obama administration to step up its foreclosed home prevention program, President Obama and other administration officials are considering two options … More >>
Thousands of foreclosed properties across Florida are in limbo right now. Distressed homeowners abandoned them while banks delay their official takeover of the properties. More >>
The CEOs of the nation's largest banks were urged last week by Treasury Secretary Timothy Geithner and Housing and Urban Development Secretary Shaun Donovan to step up their loan … More >>
The number of foreclosed new homes in Seattle has risen further after Conner Homes, one of the top homebuilders in Seattle, failed to pay Bank of America its $24.8 million development … More >>
One of the main reasons for the slower pace in the sale of higher-priced repossessed houses for sale is the difficulty in obtaining jumbo loans. More >>
Many builders, consumers, lenders and real estate agents are complaining over the new appraisal rules that resulted to lowballed valuations, which means appraising a property way below its … More >>
California distressed homeowners, particularly in Northern San Joaquin Valley, were assured by U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan that changes would be made … More >>