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 ...

The combined percentage of loans in foreclosure or at least one payment past due was 11.33 percent in the first quarter, a 120-basis point decrease from last quarter and 98 basis points lower than a year ago. This ...

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 ...

President Obama is pushing for Congress to help expand mortgage refinancing to millions of borrowers with loans not backed or owned by Fannie Mae and Freddie Mac – and those who cannot currently take advantage ...

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 ...

Through March 2012, the Obama Administration’s primary foreclosure prevention campaign has 794,748 borrowers paying a median of $535 less in mortgage payments ­­- but that represents 43 percent of those who ...

The Obama Administration’s revamped Home Affordable Refinance Program, so-called HARP 2.0, has drawn applications for refinancing from half a million households since its reboot earlier this year, according to ...