Sales of bank-owned properties rose in February as about 1.4 million properties, or 3.4 percent of all homes with a mortgage, were in the foreclosure inventory as of February 2012, according to CoreLogic. That compares ...

The first quarter of 2012 has been flush with new or expanded efforts to assist homeowners facing foreclosure and compensate those who have been victims of unfair or deceptive lender practices. A landmark $25 billion ...

Bank of America said it would allow a limited number of customers facing foreclosure to remain in their homes as renters through a pilot program in the hardest-hit housing markets. Certain customers will be offered ...

Eight additional banks will face fines by U.S. regulators as part of a massive review of errors or deficiencies in foreclosures processed during 2009 and 2010, a Federal Reserve official said today. The banks — ...

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 206,900 U.S. properties in February, a 2 percent decrease from the previous month and down 8 percent from February ...

For the first time since the “robo-signing” of foreclosure affidavits surfaced in 2010, audits from federal officials detail an uncontrolled environment where supervisors often joined hired hands to sign stacks ...

Administration officials and state attorneys general today filed in federal court the proposed agreements with the nation’s top lenders in the $25 billion mortgage servicing settlement announced a month ago. The ...

GOP presidential frontrunner Mitt Romney has taken heat for President Obama and homeowner advocates for saying that foreclosures should be allowed to run their course free of government intervention. Lately, however, ...

Bank of America is expected to significantly reduce the mortgage balances of more than 200,000 households potentially facing foreclosure under a deal with U.S. officials. The pact is part of the larger $25 billion ...

Foreclosure starts and sales spiked in the first month of 2012 – up about 28 and 29 percent respectively – indicating that the backlog caused by servicer reviews of botched paperwork is abating. In January, ...