The recent launch of the Loan Modification Scam Alert campaign in Columbus, Ohio by a coalition of federal agencies and non-profit organizations found welcomed support by Freddie Mac.

In the November 2009 economic outlook, Freddie Mac forecast a modest housing market recovery in the next year.

Vacancy rates are up. Rent prices are down. Credit availability remains unknown.

The second edition of Wolters Kluwer Financial Services' reference book for bank compliance professionals on lending and deposit regulations is now available.

The creditors' rights firm ""South & Associates, P.C."":http://www.SouthLaw.com announced this week that it has promoted Jennifer Hatcher to team lead in the firm's Kansas foreclosure department.

Mortgage interest rates fell again this week the third consecutive week of declines, according to mortgage financing giant Freddie Mac.

Despite the industry's unprecedented efforts to keep people in their homes, there are more borrowers behind on their mortgage payments than there have been in 37 years.

NeighborWorks America has an answer to the nation's skyrocketing delinquency numbers. The nonprofit group says that borrowers who receive foreclosure counseling are 60 percent more likely to save their homes from foreclosure than those who go it alone.

The Obama administration is leaning toward extending the $700 billion Troubled Asset Relief Program (TARP), which is set to end at the end of this year, through next October, according to reports from several news outlets.

Statistics regarding foreclosures in Massachusetts for the months of October were a mixed bag of news, according to Timothy M. Warren Jr., CEO of The Warren Group.