How Much Could Mortgage Write Downs Cost U.S. Taxpayers?

With the bailout of Fannie Mae and Freddie Mac already costing tax payers (you and me) over $150 billion, the cost of the next Washington scheme to bail out delinquent borrowers could be even bigger.

How Much Could Mortgage Write Downs Cost U.S. Taxpayers?

With the bailout of Fannie Mae and Freddie Mac already costing tax payers (you and me) over $150 billion, the cost of the next Washington scheme to bail out delinquent borrowers could be even bigger.

Foreclosure Loan Modifications Helping or Hurting?

Pressure is mounting in Washington to allow loan modifications with principal balance write-downs to bail out struggling homebuyers who borrowed too much money during the housing boom.

Foreclosure reform bill passes

Foreclosure reform bill passes By 67AM KPUA News, May 2, 2012 In a released statement, state lawmakers announced that House Bill 1875 HD2 SD2 CD1, which amends the mortgage foreclosure law to provide additional protections for Hawaii’s homeowners...(read more)

Foreclosure Home Auctions Giving Way to Short Sales

If you're a lender and hold both the first and second liens then a very good reason to modify the first mortgage or accept a short sale to avoid a total loss on the second.

10 Cities Where You Can Get An Amazing Deal On A Foreclosed Home

RealtyTrac is out with its report on the 10 best places to buy foreclosures in 2012. To draw up the list RealtyTrac considered the 100 largest metro areas with at least 200 foreclosure sale transactions in January 2012.

Foreclosure Investing: A Young Investor Gets Started

Former loan officer Jessica Ko was between jobs and serving on her condo’s board when she attended her first real estate auction. After learning more about the foreclosure-buying process, she pounced.

Foreclosure Investing: A Young Investor Gets Started

Former loan officer Jessica Ko was between jobs and serving on her condo’s board when she attended her first real estate auction. After learning more about the foreclosure-buying process, she pounced.

Foreclosure Home Auctions Giving Way to Short Sales

If you're a lender and hold both the first and second liens then a very good reason to modify the first mortgage or accept a short sale to avoid a total loss on the second.

10 Cities Where You Can Get An Amazing Deal On A Foreclosed Home

RealtyTrac is out with its report on the 10 best places to buy foreclosures in 2012. To draw up the list RealtyTrac considered the 100 largest metro areas with at least 200 foreclosure sale transactions in January 2012.

Foreclosure Investing: A Young Investor Gets Started

Former loan officer Jessica Ko was between jobs and serving on her condo’s board when she attended her first real estate auction. After learning more about the foreclosure-buying process, she pounced.

Foreclosure call a win for homeowners

Foreclosure call a win for homeowners The Daily Progress, May 2, 2012 In a victory for the average homeowner, the Virginia Supreme Court recently threw out foreclosure proceedings against a Lovingston-area couple and sent the case back to be reheard....(read more)

3 Ways Foreclosures Are Holding Home Prices Hostage

First quarter foreclosure activity hit its lowest level since the fourth quarter of 2007, but foreclosures — and the threat of more foreclosed homes for sale — continue to hold home prices hostage.

REO Properties Devoured by Investors

Investors have been snapping up REO properties.

Foreclosures Heat Map

NPR infographers Robert Benincasa and Nelson Hsu offer three interactive maps showing March foreclosure and jobless rates as well as household income by county, using RealtyTrac, U.S. Bureau of Labor Statistics and Nielsen Claritas data.

3 Ways Foreclosures Are Holding Home Prices Hostage

First quarter foreclosure activity hit its lowest level since the fourth quarter of 2007, but foreclosures — and the threat of more foreclosed homes for sale — continue to hold home prices hostage.

REO Properties Devoured by Investors

Investors have been snapping up REO properties.

Foreclosures Heat Map

NPR infographers Robert Benincasa and Nelson Hsu offer three interactive maps showing March foreclosure and jobless rates as well as household income by county, using RealtyTrac, U.S. Bureau of Labor Statistics and Nielsen Claritas data.

3 Ways Foreclosures Are Holding Home Prices Hostage

First quarter foreclosure activity hit its lowest level since the fourth quarter of 2007, but foreclosures — and the threat of more foreclosed homes for sale — continue to hold home prices hostage.

Banks Deliberately Withholding Bank-Owned Homes

A string of recent upbeat stories are claiming that a housing “recovery” is underway.