Home owners who did a short sale this year are one step closer to tax relief, as the bill heads to President Barack Obama for final approval.

____________________________________________________________________________________

News Corp, which acquired Move Inc. last month, announced that Ryan O’Hara, former president of The Madison Square Garden Company and The Topps Company, will take the reins as head of Move from current CEO Steve Berkowitz in the new year.

____________________________________________________________________________________

While younger people increasingly delay home ownership, baby boomers are stepping in to fill the void.

 ____________________________________________________________________________________

The Federal Housing Administration’s pilot program, designed to extend credit to underserved borrowers and help unlock savings on FHA-insured loans, won’t move forward.

____________________________________________________________________________________

For the third consecutive year, mortgage fraud is on the rise as more loan applications are found to contain misrepresentations.

____________________________________________________________________________________

The number of first mortgages at least 90 days past due continues to fall.
____________________________________________________________________________________