Five states hit hard by the mortgage crisis will soon share $1.5 billion in federal funds to help the unemployed and the underwater who owe more than their homes are worth.
More than half of all homeowners with modified mortgages fell at least two months behind in their payments a year after the adjustment was made, according to a federal report released Wednesday.
Mickey Mouse is about to welcome a bunch of new neighbors. On Wednesday, Disney unveiled a luxury residential community, with about 30 homes currently for sale at the Disney World resort in Florida.
Categories: Economy, Interest Rates, Mortgage's, Refinance Tags: Buy A House, Buy House, Disney, Disney Florida, Disney Resort, Disney World Resort, House Mouse, Mickey Mouse, Neighbors, Residential Community
New home sales plummeted to a record low in May, the first month following the expiration of the homebuyer tax credit, snapping a two-month streak of increases.
The booming Dallas-Fort Worth metropolitan area added more residents during the past decade than any other city in the United States.
Existing home sales slipped in May, the first month following the expiration of the homebuyer tax credit.
More troubled homeowners have fallen out of trial mortgage modifications than have received long-term help, a new government report shows.
The Justice Department on Thursday trumpeted its efforts to crackdown on mortgage fraud, saying it launched an interagency plan to detect costly scams.
Mortgage borrowers hurt by the Gulf oil spill may qualify for temporary relief from paying their mortgages, without fear of losing their homes.
Categories: Economy, Interest Rates, Mortgage's, Refinance Tags: Break, Fear, Gulf Oil, Mortgage Borrowers, Mortgage Payments, Mortgage's, Oil Spill, Temporary Relief
Most borrowers who have had their mortgages modified through a government-sponsored program will redefault within 12 months, according to a report