Industry News

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Recent Industry News

Vulture investors swoop in

Wed, 02 Jul 2008 17:02:13 EDT
Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray.


Pace of housing rescue slows
Wed, 02 Jul 2008 17:02:02 EDT
Hope Now, the mortgage industry alliance of lenders, servicers and housing counselors, reported Wednesday that it helped roughly 170,000 homeowners avoid foreclosure in the month of May.


Mortgage rates drop, snapping a 3-week climb
Thu, 03 Jul 2008 12:24:50 EDT
Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage backer Freddie Mac.


5 celebrity foreclosures
Mon, 30 Jun 2008 11:16:47 EDT
The effects of the foreclosure crisis are rippling throughout the country - and even the rich and famous are not immune.


Mortgage applications rebound
Wed, 02 Jul 2008 08:10:55 EDT
Read full story for latest details.


Latest home prices - first quarter
Mon, 19 May 2008 12:09:28 EDT
Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.


Where home prices are headed next
Mon, 19 May 2008 12:23:37 EDT
The housing implosion is nowhere near over. In 75 of the 100 top U.S. cities, prices are expected to fall in the next 12 months according to Fiserv Lending Solutions.


Manhattan real estate starts to soften
Wed, 02 Jul 2008 04:00:16 EDT
Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city's top real estate agencies.


Bush: Housing bill possible
Tue, 01 Jul 2008 18:02:19 EDT
Read full story for latest details.


Inching along on housing rescue
Fri, 27 Jun 2008 18:38:53 EDT
An omnibus housing rescue package, some elements of which have been debated in Congress for years, had been on track Wednesday to finally move toward enactment but hit a speed bump that puts in question when lawmakers will vote.