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Home sale contracts at three-year high

Home sale contracts at three-year high

The number of Americans who signed contracts to buy homes ticked up in April to the highest level in three years. The increase points to growth in home sales in…

Foreclosures rise again

Foreclosures rise again

Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis. The increase in home repossessions came even as the number of…

No decision yet on new homeowner tax credit

No decision yet on new homeowner tax credit

The Obama administration has not decided whether it should resurrect a popular tax credit for first-time homebuyers, Housing and Urban Development Secretary Shaun Donovan said on Sunday. “It’s too early…

Feds fudged on mortgage bailout failure numbers

Feds fudged on mortgage bailout failure numbers

The Obama administration on Friday acknowledged it had underestimated the number of homeowners who fell seriously behind on their mortgage payments even after getting government help. Treasury officials blamed the…