JPMorgan Foreclosure Problems

Sept. 29 2010 | CNBC's Diana Olick has the details on JPMorgan following GMAC Ally in re-examining documents in current foreclosure proceedings.

Beverly Hills Villa and Real Estate For Sale - $10,995,000 USD

Beverly Hills Villa for sale and luxury Home for sale

Foreclosures Rise For 9th Straight Month

FBN's Connell McShane on the increase in foreclosures in August.

Home Prices Expected to Take Big Hit Next Year

Home Prices Expected to Take Big Hit Next Year
Home prices ticked up in July for the fourth straight month, but many cities are bracing for declines in the year ahead. (Sept. 28)

Egypt Real Estate

Egypt has been experiencing a boom time in its construction and real estate industries.

But a land sale dispute involving an ambitious project has threatened to tarnish the country's image among foreign investors.

The government has been quick to come to its rescue.

Al Jazeera's Hoda Abdel-Hamid finds out if this is another case of power and corruption.

Default on Second Mortgage to Save Home?

Depel University Real Estate Professor Rebel Cole explains why it might be a good idea to let your second mortgage default.

Any Hope for Housing Recovery?

Sept. 24 2010 | Is the American Dream turning into a complete nightmare? Insight with Brian Wesbury, First Trust Advisors; Shari Olefson, Fowler, White & Boggs and CNBC's Diana Olick.

Existing U.S. Home Sales Rise in August From Record Low

Sept. 23 (Bloomberg) -- Sales of U.S. previously owned homes rose in August to the second-lowest level on record, indicating housing remains depressed a year after the economic recovery began. Purchases of existing houses climbed to a 4.13 million annual pace, in line with the median forecast of economists surveyed by Bloomberg News and second only to July’s 3.84 million rate as the weakest in a decade’s worth of data, the National Association of Realtors said today in Washington. Bloomberg's Margaret Brennan and Michael McKee report. (Source: Bloomberg)

Housing Starts Surge 10.5%

Housing starts surged 10.5% in August, to a seasonally adjusted annualized rate of 598,000. The jump was a surprise to economists, and a contrast to Julys data, which was revised downward slightly to an increase of just 0.4%.

UK House Prices Decline

Sept. 20 2010 | UK house prices fell for the third straight month in September, according to a survey from Rightmove. "We do have an over-supply of stock," Miles Shipside, commercial director at Rightmove, told CNBC Monday.

Foreclosures Rise; Repossessions Set Record

Foreclosures Rise; Repossessions Set Record

Joseph Pisani
CNBC
September 16, 2020

US foreclosure activity rose in August from the previous month, and banks and lenders took ownership from homeowners at a record pace, according to a new report released Thursday.

Bank repossessions, often the final step in the foreclosure process after a home fails to sell at auction, increased about 2 percent from the month before to 95,364, a record high. At the same the number of properties that received default notices—the first step in the foreclosure process—decreased 1 percent from a month ago and fell 30 percent from a year ago, a sign that lenders are focusing on their backlog of foreclosure inventory before tackling new distressed loans, according to foreclosure listing website RealtyTrac, which released the report.
read article >>>

Home Foreclosure Crisis Getting Worse

Should the feds keep pumping money into programs that have yet to fix the problem?
Home Foreclosure Crisis Getting Worse

Housing Market to Drop Again?

Airtime: Wed. Sept. 15 2010 | Why the housing sector will fall again, with Steve Eisman, FrontPoint Partners.