Foreclosure | featured news

Existing home sales in the U.S. rose in May for a second month as record foreclosures caused prices to drop.

Housing advocates who work with homeowners say that while President Obama’s loan modification program could help thousands of New Yorkers, it has been slow to get off the ground.

The federal government is exploring how to put Florida hurricane evacuees in foreclosed homes if a Katrina-like storm devastates ...

California, Florida, Nevada and Arizona account for about 46% of the foreclosure starts in the country, the Mortgage Bankers Assn. reports. California and three other states continued to take an outsize share of the blame for the foreclosure epidemic sweeping the nation.

Unable to stop the tide of foreclosures and job losses, lawmakers are hoping to give voters at least some breathing room in the ...

The foreclosure crisis has emptied neighborhoods with once-gleaming pools, now sitting caked with algae, infested with mosquitoes. The problem has grown so dire, environmental health specialists in Western states have turned to mosquitofish to police the stagnant waters; for the little silvery creatures a batch of larvae is like a prime-rib buffet.

The Obama administration is expected to expand its mortgage aid program on Thursday, announcing new measures that would help ...

U.S. foreclosure activity in April jumped 32 percent from a year ago to a record high, and should mount because temporary freezes on foreclosures ended in March, RealtyTrac said on Wednesday.

The Senate today approved a housing bill aimed at addressing the country's growing foreclosure problem, including revamping a troubled government foreclosure prevention program.

Brad Ramos, the police chief of Indio, Calif., population 79,000, does everything he can to contain his town's foreclosure epidemic. In a town where on the worst streets, 75% of homes are in foreclosure, Ramos hopes that if he can keep the neighborhoods looking presentable, he might be able to hold out long enough for when buyers return.