Headlines

The Federal Housing Finance Agency said it was looking for a "responsible solution" to the issue of mortgage debt reduction.

Nicole Harmon, VP of Foreclosure Mitigation Programs at Neighborworks America, recently spoke with DS News about what the milestone of counseling two million homeowners through the NFMC means for the mortgage industry.

Existing-home sales were way down in February, but the data from the National Association of Realtors shows that investor activity in the market is on the rise.

As housing demand continues to rise, interest rates remain at historical lows, credit conditions ease, and the labor market improves, home price growth continues to climbs but for how much longer?

The non-qualified mortgage loan market has originators a bit wary toward borrowers and questioning if the risk is really worth it.

The Fed announced earlier this week that economic growth was not sufficient enough to raise the federal funds rate. The GDP estimate was a mere 0.7 percent for the "advance" estimate for Q4 and just 1.0 percent for the second estimate; what will the third estimate hold?

Treasury has created a three-pronged safety net to help HAMP borrowers handle step-ups and avoid re-defaulting when their five-year modification expires.

Since the Great Recession, home prices have been fighting their way back to peak levels reached prior to the crisis and some markets' home prices have more than recovered.

Financial markets in the U.S. are showing continued improvement as the year progresses, but Fannie Mae expects economic growth to remain flat, which could place a damper on the housing market.

In Michigan, foreclosure is not only a contractual right, but a statutory right as well. Michigan is primarily a foreclosure by advertisement state; however, foreclosure may proceed through the court system as well.