Less than 165,000 borrowers have applied for an independent review of possibly botched foreclosures as of April 30 — that’s only 4 percent of 4.1 million who received letters from U.S. regulators, according ...

A wave of short sales is helping ease the number of completed foreclosures and soon may outnumber sales of bank-owned properties, or REOs, in some states, according to the real estate site RealtyTrac. Foreclosure ...

Bank of America said it is assisting borrowers who complete qualifying short sales with relocation expenses – between $2,500 and $30,000. The relocation program is the latest in the bank’s surging reliance on ...

Only 27 states out of 49 that received a total of $2.5 billion from the mortgage settlement with the top U.S. lenders have actually used the money to assist homeowners or hard hit communities affected by the foreclosure ...

A Kansas couple has filed a class-action suit against Wells Fargo, accusing the nation’s largest mortgage lender of providing only “illusory trial loan modification programs” to borrowers facing foreclosure ...

Bank of America has sent out a first wave of letters to 200,000 customers who may qualify for principal reductions under the $25 billion settlement between federal and state officials and the largest five loan servicers. The ...

The foreclosure crisis still gnaws away at the depressed housing market and overall economic recovery, but for those with means distressed properties offer historic affordability when combined with all-time low ...

Completed foreclosures rose in March from the previous month, from 66,000 in February to 69,000 in March, according to the analytics firm CoreLogic. But year-over-year comparisons showed declines. Last year, there ...

Foreclosure filings increased in the first quarter of 2012 from the previous quarter in 114 out of the nation’s 212 cities with a population of 200,000 or more, according to RealtyTrac. The first quarter report ...

Housing Finance Agencies administrating the “Hardest Hit Fund” in 18 states have helped more than 45,000 struggling homeowners facing possible foreclosure, and another 38,000 are under review for assistance ...