Banks are the biggest barriers to speeding the foreclosure process in Florida because they let cases linger in the courts and continue to present flawed documents, the state courts administrator told a Senate subcommittee this week.
A company with a unique but controversial approach to help underwater homeowners refinance their mortgages using eminent domain will pitch the North Las Vegas City Council on the plan Wednesday evening.
The historic settlement involving the nation's five largest mortgage lenders has so far helped nearly 102,000 struggling Florida homeowners for an average $75,949 in relief, according to a new report.
National sales of new single-family houses reached a seasonally adjusted annual rate of 437,000 in January, according to a joint report released today by the Census Bureau and the Department of Housing and Urban Development.
For the first time in years, in another signal that the housing recovery is working its way to the luxury end of the market, million-dollar homes are coming back to Woodbury in a big way.
The Illinois Supreme Court is expected on Friday to announce new rules governing mortgage foreclosures that will require lenders to prove to judges that they have exhausted all efforts to help a borrower before seeking a foreclosure judgment against the homeowner.
Ohio homeowners have received $280 million worth of help with their mortgages through a national settlement struck last year with five banks.
After suffering some of the biggest losses from the housing crash, Californians are getting the lion's share of a $46 billion nationwide settlement from top mortgage lenders.
The five banks involved in a sweeping national mortgage settlement reported providing $350 million in mortgage relief to 7,500 borrowers in North Carolina through the end of last year, according to a report released Thursday by the settlement's monitor.
Nearly 72,000 Californians have had their mortgages reduced or forgiven under terms of a multistate mortgage settlement with six major banks, according to a report Thursday from the state appointee monitoring the banks' compliance.
Sales of resale, or used, El Paso homes, reported by the Greater El Paso Association of Realtors, increased almost 12 percent last year compared with 2011 to 3,492 homes.
Fifth Third has teamed with re-employment company NextJob to offer job-search assistance to clients who are having trouble making mortgage payments.
Pat Riley, president of basketball's Miami Heat, sold his spectacular bayfront mansion in gated Gables Estates for $16.8 million last March.
In 2011 and 2012, Hall and Hall realty based in Billings had back-to-back record years, according to director Jim Taylor. Last year, he said, the company did about $330 million in sales.
The post-Sandy rebuilding of the Jersey Shore is well under way, and companies that specialize in elevating houses are in high demand, despite a price tag well into the tens of thousands.