A handful of Colorado mortgage lenders are scaling back the type of loans they provide to consumers through mortgage brokers, prompted by a regulatory change aimed at reining in unscrupulous brokers. More »
Seven months into the year, Gibson County sheriff sales on foreclosed properties are moving at a pace to set a new record. More »
Mortgage applications rose last week, fueled by home purchase loan demand even as mortgage interest rates rose to their highest levels in nearly a year. More »
Eager to feel and show elevated status, many homeowners in the last four years or so took out risky mortgages with lower initial payments in order to buy fresh, big new houses. More »
The Mortgage Bankers Association released the results of two surveys covering the mortgage world in the second half of 2006 on Tuesday. More »
The Massachusetts housing market is in a slump across the state, but according to statistics released by the Warren Group, the effects of the softening market are particularly strong in some local communities. More »
State lawmakers, faced with a record number of constituents who may lose their homes, are pressing to pass their own laws to halt mortgage abuse, saying they can’t afford to rely on U.S. Congress. More »
The last time Fortune checked in with Bob Toll, founder and CEO of luxury-home builder Toll Brothers, was in April 2005, when the magazine dubbed him the “new king of the real estate boom.” More »
In recent months many owners have been mortgage refinancing from ARMs to fixed-rate loans, despite the fact that the latter often carry rates up to two percent higher. More »
A growing number of individuals behind on their Arizona mortgage and facing foreclosure are finding a way to sell despite the glut of Valley homes for sale. More »