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The recent growth in US home prices may hit a roadblock in the coming months, thanks to a new supply of distressed properties hitting the market. 
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The battered Southern Nevada housing market that produced record home foreclosure rates did damage throughout the valley but the zip code that continues to suffer most is 89031 in North Las Vegas.
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Maryland Bankruptcy Attorney Brett Weiss talks about why short sales rarely make sense if you’ll be filing for bankruptcy.
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About 40 percent of those who own a home in the Twin Cities owe more than their house is worth, but most are making their mortgage payments on time...
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It will take 46 months to clear the market’s supply of distressed homes, or the shadow inventory, according to estimates from Standard & Poor’s Rating Services based on first-quarter 2012 data.
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Wells Fargo & Co., the largest U.S.
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Nationstar continues to grow its mortgage servicing portfolio as many firms look to exit the business. The portfolio is made up of Fannie Mae and Freddie Mac mortgages and are expected to transfer to the Texas servicer in July.
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Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale.
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North Las Vegas may consider declaring a state of emergency in order to fix its financial woes.
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Fixed-rate mortgages hit new all-time lows for the third-straight week, with the 30-year FRM submerging below 3.80% following declining long-term Treasury bond yields.
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