- High court: Bankrupt homeowners can't void second mortgage Updated: Jun-01-15 1:23 pm
WASHINGTON - A unanimous Supreme Court ruled Monday that homeowners who declare bankruptcy can't void a second mortgage even if the home isn't worth what they owe on the primary mortgage.
- US construction jumped 2.2 percent in April Updated: Jun-01-15 10:18 am
WASHINGTON - U.S. construction spending climbed in April to the highest level in more than six years, fueled by healthy gains in housing, government spending and non-residential construction.
- Pending US home sales jump to strongest level in 9 years Updated: May-28-15 10:46 am
WASHINGTON - Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market.
- US jobless aid applications rose last week; total still low Updated: May-28-15 9:07 am
WASHINGTON - More Americans sought unemployment benefits last week, though the overall level remains low and points to a healthy job market.
- US home prices rose at steady pace in March from year ago Updated: May-26-15 11:10 am
WASHINGTON - U.S. home prices rose at a steady pace in March, pushed higher by a limited supply of houses for sale.
- US new-home sales jump in April Updated: May-26-15 10:48 am
WASHINGTON - More Americans bought new homes in April - evidence that the stronger job market is powering the housing sector.
- Authorities: Business targeted people facing foreclosure Updated: May-26-15 6:28 am
LANSING, Michigan - Authorities say a lawyer and his business stole hundreds of thousands of dollars from more than 100 people in Michigan that were facing mortgage foreclosures.
- California home prices, sales rise in April Updated: May-21-15 5:33 pm
SAN DIEGO - California home prices climbed to a new 7 1/2-year high in April as low interest rates and job growth lured buyers, a research firm said Thursday. Sales were brisk.
- US home sales slide in April amid listing shortage Updated: May-21-15 1:06 pm
WASHINGTON - Sales of existing U.S. homes slipped in April due mainly to relatively few listings and rising prices, providing evidence of the housing sector's uneven recovery.
- Average US rate on 30-year mortgage slips to 3.84 percent Updated: May-21-15 11:24 am
WASHINGTON - Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks.
- Lawmakers reverse course, preserve foreclosure mediation Updated: May-20-15 3:31 pm
CARSON CITY, Nevada - Nevada lawmakers who earlier this month sought to pull the plug on a program that helps homeowners fend off foreclosure reversed course Wednesday, voting to extend the program for another two years.
- Creditors to help Cyprus with foreclosures, bankruptcies Updated: May-20-15 11:16 am
NICOSIA, Cyprus - Bailed-out Cyprus' international creditors say they will help the country implement insolvency and foreclosure laws which they see as essential for banks to deal with their massive burden of bad loans.
- Lowe's 1Q profit up on sales growth, but still disappoints Updated: May-20-15 10:53 am
MOORESVILLE, North Carolina - Lowe's sales and profit rose in the first quarter as the housing market began to thaw, but the performance was far from what Wall Street had expected and shares slid 4 percent Wednesday.
- New York state regulator proposes foreclosure law change Updated: May-19-15 3:52 pm
ALBANY, New York - New York's top bank regulator on Tuesday proposed amending state law to shorten the foreclosure process for homes with delinquent mortgages.
- Surge in home construction is lifting hopes for US economy Updated: May-19-15 2:56 pm
WASHINGTON - The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy.
- Home Depot nails it in 1Q as housing rebound emerges Updated: May-19-15 11:22 am
NEW YORK - A busy spring pushed Home Depot's first-quarter profit and revenue above Wall Street expectations and the home improvement retailer raised its projections for both in 2015.
- Real estate market slows, but doesn't stop, in Ferguson Updated: May-19-15 5:56 am
FERGUSON, Missouri - Despite all the unrest in the streets of Ferguson, the St. Louis County town's real estate market is holding its own.
- NY regulators say 11 lenders to monitor vacant properties Updated: May-18-15 5:35 pm
ALBANY, New York - New York regulators said Monday that 11 lenders have agreed to monitor and maintain vacant properties in an effort to protect them and combat neighborhood blight.
- US homebuilders' confidence in sales prospects ebbs Updated: May-18-15 10:40 am
U.S. homebuilders are feeling slightly less confident about their sales prospects, a reflection of the sluggish start to this spring's home-selling season.
- In sign of times, hardest-hit Nevada may end foreclosure aid Updated: May-17-15 8:04 pm
CARSON CITY, Nevada - At its height, Nevada was ground zero for the Great Recession. Unemployment topped 14 percent, the highest in the nation. The state led in per-capita bankruptcy filings. And one in every 10 homes faced foreclosure.
- White House: Obama assets between $1.9M and $6.9M Updated: May-15-15 7:26 pm
WASHINGTON - President Barack Obama and his wife, Michelle, held assets last year that were worth roughly $1.9 million to $6.9 million, according to their required financial disclosure reports.
- Twin Cities housing market sees spike in sales in April Updated: May-13-15 5:13 am
MINNEAPOLIS - An industry group says April was the best month for the housing market in the Twin Cities area in nearly 10 years.
- Foreclosure deadline extended on thousands of properties Updated: May-12-15 4:44 pm
DETROIT - Property owners facing tax foreclosure in Detroit and Wayne County will get more time to reach deals to save their homes.
- US household debt levels held back by cautious consumers Updated: May-12-15 2:30 pm
WASHINGTON - U.S. household debt levels were mostly unchanged in the first three months of this year, held back by tight mortgage credit standards and consumer reluctance to borrow heavily.
- Man fined for preying on Latinos struggling to pay mortgage Updated: May-12-15 12:07 pm
REVERE, Massachusetts - A Massachusetts lawyer has been ordered to pay nearly $250,000 for discriminating against Latino homeowners struggling to make mortgage payments.