Mortgages Blog

Complaints from homeowners who believe they have been victims of illegal foreclosure practices are widespread.
Yet, when millions of borrowers were offered an opportunity to have their foreclosure files reviewed so they could get compensated for the wrongdoing, few accepted the opportunity.
Puzzling, no?
As a result of the robosigning scandal, regulators last year required several mortgage servicers

Real estate kingpin Donald Trump is feeling the pain of the downturn in the global housing market. Buyers in one of his latest luxury condo/hotel buildings in Toronto began having second thoughts even before the ribbon-cutting ceremony.
Condos in the 65-story Trump International Hotel and Tower start at $2.3 million and hotel condos start at $967,000.

The 2009 first-time homebuyer tax credit didn’t help homebuyers.

The housing crash is not only slowing the economic recovery in the U.S., but helped spark global financial troubles …

More than four years into the housing crisis, here are new rules to make the short sale process easier and speedier.

March brings more signs of seller optimism in the housing market.

Fits and starts still plague housing, even heading into the spring buying season.

While millions of homeowners struggle to pay their mortgages, more than $7 billion sits, unused …

Who is purchasing the most expensive real estate? Although buyers from around the globe are investing in the downturn in the U.S., the Russians are writing the biggest checks, according to The New York Times.
Since the real estate market crashed four years ago, the Times reports that Russians have signed contracts for more than an

Has the administration persuaded Fannie Mae and Freddie Mac to help underwater borrowers modify mortgages through partial loan forgiveness?
Not yet. But Ed DeMarco, the Federal Housing Finance Agency’s acting director who oversees the agencies, has gone from “no” to “maybe” on the issue. He says the FHFA is conducting a second analysis to determine whether