Recently, news broke that Bank of America aims to settle a lawsuit with displeased investors for $20 billion; of this $20 billion, $8.5 billion is set to go to investors who were deeply impacted by the troubled mortgage-backed securities

Bank of America has been criticized by many investors who held stock in the now failed home loans; the bank faces a proposed sum totaling $20 billion in order to partially reverse the damage, with the additional costs of

Radar Logic joins the group of economists doubting nearby recovery despite the positive forecast which the Pending Home Sales Index (PHSI) displayed this May, said Housing

In April, Trulia said that it cheaper to buy a home than it was to rent a property in 39 of the 50 largest cities in the nation; regardless, this is paralleled with consumer desire to rent in the

In 2006, the banking industry recorded their sixth-consecutive year of record earning, with 0.7 percent of loans filed as delinquent, and only 50 banks performing in an unsatisfactory manner, said Housing Wire. All in all, things were looking

Realtors have become increasingly fed up with the delays in the sale of foreclosed properties – an area of widespread concern for many homeowners and agents alike, said the Wall Street

Yesterday, the National Association of Realtors (NAR) said that there was an increase of 8.2 percent, for a “Pending Home Sales Index” (PHSI) of 88.8 in May, as anticipated by economists. Overall, all areas saw an increase from a

Bridal registries are common with couples who are about to be married. Now, just as couples can register at a department store or specialty store, they can also register with a lender for the FHA Bridal Registry Program. Newlyweds

S&P Case-Shiller data released yesterday demonstrates a monthly increase in home prices through April for the 10- and 20-city composites for the first time in eight months, but they are both at lower levels than the indices have seen

When will the economy recover? Answers have fallen in the 2011 to 2014 range, depending who you talk to. Housing Wire spoke with Freddie Mac Chief Economist Frank Nothaft, who optimistically anticipates that a better economy is right around

In 2010, the nation’s 10 largest mortgage lenders denied 26.8 percent of loan applications, up an additional 23.5 percent from the amount denied in 2009, said the Wall Street

The market for single-family homes was down 11.9 percent last month, said the Houston Chronicle, adding to the belief that apartment rentals are gaining market

On Wednesday, NAR will report on pending home sales for May; data from housing economist, Thomas Lawler, shows that the increase in pending sales for May will probably create a double-digit gain from April, said the Wall Street Journal.

A recent poll from NAHB has proved that, according to the 2,000 likely voters who were polled, one thing remains consistent in the housing market: owning a home is still

Starting last month, many open houses around the Houston area were accompanied by heart shaped balloons, a token signifying the unusual unity of the real estate and health

Fewer people bought new homes last month. New-home sales fell 2.1 percent in May to a seasonally adjusted annual rate of 319,000 homes, the Commerce Department said. That’s far below the 700,000 homes per year that economists say must