Single-family mortgages by Fannie Mae that have been in default for more than 60 days fell to 4.08 percent in June and July, the lowest level in two

Federal Reserve Governor Elizabeth Duke called on Washington for aggressive action on housing, citing refinancing and property conversion as two possible

New rules and regulations for appraisers of Fannie Mae and Freddie Mac properties have some in the industry fearing that the new steps will needlessly complicate the

Freddie Mac’s five-year ARM rate set a new record low yesterday, falling to 2.96 percent, a 0.56 percent decline from a year

Profits on independent loans rose from $346 to $575 per mortgage for the second quarter, according to a new report by the Mortgage Bankers Association

Mortgage modifications by private companies rose 11 percent in July, according to data from the Hope Now alliance, a rate that far exceeds that of the government’s Home Affordable Modification Program

The CoreLogic Home Price Index rose for the fourth consecutive month in July, increasing by 0.8 percent for the month and 5.5 percent over March’s

President Obama is expected to answer calls of action and announce a housing stimulus plan next week during a planned speech on job

If you thought cramming 32 technology speakers covering 20 topics in only eight hours was impossible, think again – the Xplode conference on August 19 encompassed exactly

REO properties declined in the second quarter from 550,000 to 493,000, according to research by Calculated

Mayor Rahm Emanuel is down to two candidates to replace interim CEO Carlos Ponce at the Chicago Housing Authority. Ponce relieved former CEO Lewis Jordan, who was forced to resign last June over a controversy of his use of

Standard & Poor’s released its Case-Shiller Home Price Indices for June 2011 earlier today, reporting that home prices rose for both Chicago and the nation increased in the second

Foreign investment is surging in a myriad of markets across the country, and it’s presenting Realtors with a new batch of situations and challenges they may not be used to

Data for mortgage delinquencies posted numerous gains in the second quarter, most notably that delinquency rates are now at their lowest level since 2009, according to the Federal Deposit Insurance

Standard & Poor’s is anticipated to report both gains and declines in tomorrow’s Case-Shiller Home Price Indices report, according to projections by

Pending home sales declined 1.3 percent in July but remain well above 2010 levels, according to new research by the National Association of Realtors