...700-page Foreclosure Prevention Act is the apex of Washington’s efforts to tackle the country’s housing crisis. It initiates government-sponsored enterprise (GSE) reform, including a new regulator for ""Fannie Mae"":javascript:void(0);/*1217271790132*/ and...

As DSNews.com reported ""yesterday"":http://dsnews.comview_story.cfmxid=2676, the House approved the Foreclosure Prevention Act of 2008, passing what many in the industry are calling the most important mortgage and housing legislation in a...

The Golden State continues to be the hardest hit by deteriorating conditions within the housing market. The number of California homes lost to foreclosure totaled 63,061 in the second quarter...

The House approved the Foreclosure Prevention Act of 2008 today with a 272-152 vote. ""As we previously reported"":javascript:void(0);/*1216923501193*/, despite the fact that the bill had passed  through the Senate with...

...serious consequences and risks than previously considered because presumably these single head-of-households do not have two income sources to support the mortgage. ""We must acknowledge that the foreclosure crisis affects...

...allow consumers using the First Team Web site to search for foreclosure properties. ""With foreclosure activity on the rise nationwide and in Southern California, it is a logical extension of...

...communities. Land reclamation of vacant and abandoned properties has long posed a problem in urban areas, and the burgeoning foreclosure crisis has only amplified the problem. According to Cleveland-based ""Safeguard...

...It enables real-time collaboration between loan counselors and servicers to determine borrower capability to sustain a fixed-rate mortgage and identify alternatives to foreclosure. The NHSA lending process involves pairing borrowers...

...this update because their worst 25 markets are experiencing increasingly rapid deflation as foreclosures remain at epidemic levels. Eleven states' markets are included in the worst 25: California, Florida, Ohio,...

The Foreclosure Prevention Act of 2008 finally passed through the Senate on Friday. In addition to its plans to modernize the Federal Housing Administration (FHA)  and create tighter controls over...