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Yet another try at foreclosure rescue

Under fire for the low number of people receiving long-term mortgage help, the Treasury Department on Thursday announced new guidelines that will require applicants to provide all paperwork before getting a trial modification.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/fuSL9wqU5_k" height="1" width="1"/

Bank of America steps up foreclosure prevention efforts

One roadblock slowing Obama's foreclosure prevention program seems to be clearing up. Bank of America, the nation's largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/rahjo8JGPjE" height="1" width="1"/

Home prices: First drop in 7 months

Home prices fell in November for the first time in seven months, according to a industry report released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ca8TB1C2mgo" height="1" width="1"/

Existing home sales sink 16.7%

Existing home sales fell in December, the month after a federal tax credit was slated to expire, according to a real estate industry report issued Monday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/IBkz4jC5UQc" height="1" width="1"/

450,000 at risk in foreclosure-prevention program

Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama's foreclosure-prevention program.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/3z2nzoHZ3xQ" height="1" width="1"/

States urge action on foreclosures

Cut loan principal for borrowers whose homes are worth much less than their mortgages. Attack the problem of option adjustable rate mortgages. Cut down on red tape.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/0vSzeyYZ0Vk" height="1" width="1"/

Harder to get an Uncle Sam mortgage

It's going to be harder to get a government-backed mortgage from now on.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/B_U5l_GIVKg" height="1" width="1"/

Housing starts fall, but permits soar

Home construction fell in December, government data showed Wednesday, while the number of building permits issued in the month rose.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/L_RcE8kNQZs" height="1" width="1"/

Homebuyer tax credit: No e-file and four-month delays

Good news homebuyers: You can file for your $8,000 first-time buyer tax credit again.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/bHAVowO0B5A" height="1" width="1"/

More homeowners get long-term help

Intense pressure from the Obama administration spurred loan servicers to ramp up the amount of permanent modifications they offered to troubled borrowers.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/4RC1jDMdY6s" height="1" width="1"/
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