From RealtyTrac: U.S. Foreclosure Activity Decrease 2 Percent in February [F]oreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 308,524 U.S. properties during the month, a decrease of 2 percent from the previous month but still 6 percent above th ... Read more

The question is raised: Canada is close to the United States (only Russia is closer) and the United States is its biggest trading partner (and, vice versa) and its banking systems are somewhat similar, etc., etc., etc., so why hasn’t the Canadian housing market crashed like it has in the United St ... Read more

From Fannie Mae: Fannie Mae Announces Deed for Lease™ Program Fannie Mae (NYSE:FNM) is implementing the Deed for Lease™ Program under which qualifying homeowners facing foreclosure will be able to remain in their homes by signing a lease in connection with the voluntary transfer of the property ... Read more

The Office of the Comptroller of the Currency says Delinquencies Double on Least-Risky Loans . Delinquency rates on the least-risky mortgages more than doubled in the first quarter from a year earlier as U.S. efforts to help homeowners failed to keep pace with job losses that pushed more borrower ... Read more