If New Gingrich’s consulting ties to troubled mortgage giant Freddie Mac is going to have traction for rival Mitt Romney, the topic would resonate farther in Florida, one of the states most mired in the foreclosure ...

It may not signify a sustained turnaround for the housing market, but existing home sales continued an uptrend in December and total inventory at the end of 2011 dropped 9.2 percent to 2.38 million – its lowest ...

A long-anticipated settlement between major banks and the federal government over “robo-signing” – or fraudulent foreclosure documentation – is very close, according to Housing Secretary Shaun Donovan. In ...

The long anticipated recovery in home prices will have to wait another year as the housing market weighed down by foreclosures finds a bottom in 2012, according to a Reuters poll of 23 economists and analysts. The ...

Fallout persists from the Federal Reserve’s much-debated paper on the housing market, a set of policy recommendations sent to some Congressional leaders last week. The rare guidance offered by the Fed angered ...

A total of 2,698,967 foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 1,887,777 U.S. properties in 2011, a decrease of 34 percent in total properties from 2010, ...

Compared to earlier in 2011, the 12 Federal Reserve districts saw mostly expanded economic activity in late November through the end of the year, but the same cannot be said of the housing market. The Fed’s most ...

The U.S. Treasury’s program to modify the second-lien mortgages of borrowers potentially facing foreclosure has processed 54,828 loans out of 115,762 eligible, a 47 percent rate of assistance, according to figures ...

The Obama Administration’s foreclosure prevention program has started 909,953 permanent mortgage modifications through November 2011, but another 923,545 attempts at reducing monthly payments have been cancelled, ...

The Federal Reserve concedes mortgage principal reduction is widely debated and has the potential to ease the foreclosure crisis, but its benefits are hard to quantify, the central bank concluded in an assessment ...