Nov 2, 2012
Borrowers With Sub-660 Credit Scores Face Big Hurdles While standards for FHA loans have stayed about the same as they were in 2006, borrowers with credit scores lower than 660 are facing a tougher time in getting approved these days....
Nov 1, 2012
Fannie, Freddie Streamline Short-Sale Approvals Beginning today, Fannie Mae and Freddie Mac gave several private mortgage insurers the ability to approve short sales and deed in lieu of foreclosures for distressed home owners without requiring a separate review....
Oct 31, 2012
Why Short Sales Can Still So Easily Fall Apart While the number of short sales has surged in recent years, closing on such transactions still poses plenty of challenges along the way that can threaten to derail the deal....
Oct 30, 2012
Superstorm Sandy Threatens 284k Homes in its Path A powerful tropical storm slamming into major cities along the East Coast threatens thousands of homes and cost billions of dollars in damages....
Oct 29, 2012
Homebuilders Need More Land, Analysts Say Homebuilders need to replenish their land inventories to respond to the projected growth in buyer demand, say Moody’s Investor Service analysts....
Oct 26, 2012
Home Owners Near Foreclosures Feel Big Loss Too Home owners who live near a foreclosed property have lost, or stand to lose, about 7.2 percent — or $21,077, on average — of their home’s value, according to a new report....
