Bank of America has provided $2.8 million to the Hardest Hit Fund toward mortgage payments, to 700 borrowers, according to Housing Wire. The fund, introduced in February 2010, supplies $7.6 billion in federal aid to struggling unemployed homeowners in

A glimpse of hope has finally surfaced after months of primarily negative data; in April, the U.S. Commerce Department data recorded a 7.3 percent rise in  sales of new single family homes, according to Agent

A nationwide mortgage fraud sweep, titled “Operation Stolen Dreams,” caught 485 criminals guilty of everything from property flipping, to equity skimming, according to Flipping

The “FHA-Rural Regulatory Improvement Act of 2011,” a draft bill proposing a minimum down payment of 5 percent, an increase over the current 3.5 percent down payment required to be able to take out a FHA-backed loan, will be

The number of foreclosed homes is escalating — economists are projecting that selling the current amount of more than 872,000 bank-owned properties will take approximately three years; meanwhile, home values nationwide may fall another 5 percent by the end

The Federal Bureau of Investigation (FBI) found that property crimes including burglaries, larceny/theft, and motor vehicle theft all decreased in 2010, with a decline of 2.8 percent in all city categories, according to

“Knowledge is power” is the mantra implied by the Consumer Financial Protection Bureau’s (CFPB) newly pitched Know Before You Owe project. The project aims to consolidate two federally required mortgage disclosures (the Truth in Lending form and the Good

Out of a pool of 2,018 adults, 54 percent believe that housing recovery will not occur until 2014 at the earliest, and 45 percent said that the government is not doing enough to avoid foreclosures, demonstrated in the latest

From March to April, nationwide housing listings typically increase by 5 percent (an average compiled from the last 28 years), according to Zelman & Associates; this year the monthly spike was measured at 1.1 percent in more than 140

Freddie Mac will now be assisting homebuyers of REO properties with up to 3.5 percent in closing-cost assistance through their HomeSteps summer sales promotion. Agents will also benefit, receiving a $1,200 bonus for offers on eligible foreclosed properties, as

Listings of loans which are delinquent by more than 30 days, those delinquent by more than 90 days, foreclosures, and an accurate portrayal of the mortgage market may soon be publicly available in accordance with Section 1447 of the

The National Association of Realtors (NAR) established an “opt in” ruling for brokers who want their IDX listings displayed on national franchise websites; the vote took place on May 14 at the Midyear Conferences, and the newly approved vote

The Federal Deposit Insurance Corporation has sued both CoreLogic, Inc. and Lender Processing Services, Inc. (LPS) for a combined total of approximately $283 million, according to

Federal Reserve statistics indicated a three-year drop of $700 billion in outstanding mortgage debt, according to

This weekend, the National Association of Realtors (NAR) gathered at the Midyear Meetings in D.C. The organization decided to raise dues by $40, a widely debated increase which aims to reshape campaign

For the first time, the National Association of Home Builders (NAHB) quarterly index was broken down across five different races/ethnic groups to analyze differences in income and housing affordability in