In a move dubbed "goalpost-shifting," some sellers are weaseling out of deals to find higher offers.
Rep. John Campbell, R-Calif., has reintroduced a bill aimed at shutting down a controversial plan that would allow municipal governments to use eminent domain to seize underwater mortgages.
The rise in mortgage rates over the last couple of months has been "significant" and could hamper the housing recovery, economists say.
Topics: Mortgage Acts and Practices
States with a judicial process for foreclosures have such large backlogs that it's keeping housing from recovering there, report says.