Foreclosures on the market are being cleared away, down 22 percent compared to the beginning of this year, CoreLogic reports.
Beginning today, Fannie Mae and Freddie Mac gave several private mortgage insurers the ability to approve short sales and deed in lieu of foreclosures for distressed home owners without requiring a separate review.
The dock that Kate Koplinka grew up crabbing off of in Mastic Beach, Long Island, New York, vanished beneath the wind and flood waters of Hurricane Sandy this week.
For a century, the National Association of REALTORS®' Code of Ethics has served as a vital benchmark for conducting business the right way. Here's a look at how the Code has developed since 1913.
More applicants could qualify for a mortgage if lenders took a broader look at an applicant's credit data, according to a new study.
Thousands of home owners with Wells Fargo mortgages received a sweet surprise in the mail recently: Refund checks.
Only 30 percent of borrowers who defaulted on their mortgage in 2001 had returned to the housing market within 10 years, a new study finds.
Borrowers with Freddie Mac- or Fannie Mae-backed loans who suffered damage to their homes by Hurricane Sandy may qualify for temporary forbearance on their mortgages.
While the number of short sales has surged in recent years, closing on such transactions still poses plenty of challenges along the way that can threaten to derail the deal.
Learn how distressed sales can affect your business.