An influx of new banks cranks up the competition, which should ease credit requirements and increase lending. Read more.
10/30/2009
But it's not a done deal yet. Current version adds a credit for non-first-time buyers and raises income limits. Read more.
10/29/2009
A new plan favored by some U.S. senators extends the credit to March 31 then drops it by $2,000 per quarter. Read more.
10/27/2009
In two Fla. counties, 28% of foreclosures are 'wise financial decisions' to owners who can still afford the property. Read more.
10/26/2009
Existing sales rose 34%, marking 13 months of increases as all MSAs improve. National home sales surge 9.4%. Read more.
10/23/2009
The process extends the pain for homeowners, banks and courts; Miami-Dade alone has 135,000 in the pipeline. Read more.
10/22/2009
NAR Call to Action pushes extension; however, the White House questions costs and the IRS reports widespread fraud. Read more.
10/21/2009
15% more appraisals are "acceptably close" to Freddie's automated re-check of property values; but others report issues. Read more.
10/20/2009
The foreclosure program in three Fla. judicial districts helps owners and lenders compromise, and could become a model. Read more.
10/19/2009
A Senate bill would make it available to more than just first-time homebuyers, which could add $16.7B to the cost. Read more.
10/16/2009