The spread between loans for high-end properties and government-backed mortgages has narrowed, showing confidence in U.S. economy.
The home refinancing segment has been particularly hard hit by the sudden rise in interest rates.
Despite rate hike, homebuyer affordability remains strong for many families, according to the government lender.
Monthly foreclosure data show that U.S. foreclosures and bank repossessions rose in May, even amid a budding housing recovery.
About 9.7 million homeowners are “underwater,” owing more than their properties are worth, the lowest rate since the housing crisis.
HSBC took too long to file for judicial intervention in foreclosure cases in four New York counties, the N.Y. state attorney general said.
Sales of bank-owned homes fell to encouraging lows in the first quarter, amid news of rising home sales.
Eric Schneiderman, like many New York attorneys general, is playing politics for the bleachers even though he’s hurting their case.
A 97-month-long car loan could become a reality thanks to lower interest rates and increased competition among banks.
Wells Fargo has emerged from the collapse of the U.S. housing bubble as the nation’s dominant mortgage lender, grabbing an unprecedented 28.8 percent share
Is the United States finally pulling out out of its home-foreclosure doldrums? Short answer: Sort of.
A recent analysis of more than 380 housing markets in the U.S. suggests the storm is over and recovery is in play.
Home prices are up, but how much you get for your dollar depends on where you buy.
The U.S. housing market remains a challenging one, but there are several tactics sellers can deploy that should help sell their home quicker.
Fannie Mae and Bank of America reached a $3.6 billion deal settling claims that arose from subprime lender Countrywide Financial.
Economists are optimistic about the housing recovery, provided Washington can strike a deal that keeps mortgage deductions and exemptions intact.
The U.S. housing recovery is building up some real steam. In '13, economists see further strong gains in home sales and starts.
A tale of how Bank of America personnel refused to believe a customer’s mother, one of their mortgage holders, had died.
A wave of suicides prompted a law offering two-year protection for needy families. But no one knows what will happen if the economy fails to recover.
Spanish banks have agreed to halt evictions for the most vulnerable as the government examines other solutions for the wave of mortgage defaults.
The U.S. government said Wednesday Bank of America's fraud and recklessness cost taxpayers $1 billion.
Two easily overlooked charts on the state of the Spanish housing market show the situation in the country is likely to get even worse.