Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursd...

The authors of a new study think so. Case in point: About 20 percent of borrowers in the bottom quartile of the financial literacy index experienced foreclosure compared to only 5 percent ...

First, the good news: Foreclosure filings dropped nearly 10% between December and January.That's a total of 315,716 notices compared to 349,519 in December, according to RealtyTrac, which...

1. Don't get caught up in a feeding frenzy"Everybody and their grandmas are trying to buy foreclosures," said Glenn Kelman, CEO of Redfin, an online, discount broker. But that d...

Almost 90% of FHA purchase loans issued between January and August 2009 had loan-to-value (LTV) ratios of 96 or higher, according to written testimony from Robert Story, chairman of the Mo...

NEW YORK (CNNMoney.com) -- Almost 3 million homeowners received at least one foreclosure filing during 2009, setting a new record for the number of people falling behind on their mortgage ...

MIAMI - A record 2.8 million households were threatened with foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behin...

NEW YORK -- There is no shortage of short sales and bank-owned (REO) homes in markets across the country, and it's likely going to be a "long, slow burn" to work throu...

WASHINGTON - The country's growing unemployment is overtaking subprime mortgages as the main driver of foreclosures, according to bankers and economists, threatening to send even higher th...