The Federal Housing Administration’s recently announced first look program for foreclosed property auctions is a welcome innovation that should help boost a trend that has been developing over the ...

A vast "shadow inventory" of foreclosed homes that banks are holding off the market could wreak havoc with the already battered real estate sector, industry observers say. Lenders nationwide are ...

Foreclosures surged across the US in February, marking the twelfth straight month of annual increases amid an ongoing housing ...

If you're looking for a great deal on a house, one option might be to purchase a home that's in foreclosure. But Early Show financial contributor Vera Gibbons says the process isn't for everyone: It's ...

There are new signs that the economy has homeowners struggling. Foreclosures have increased for the eighth month in a row nationwide to 36,766 filings, according to ATTOM. The property data curator ...

Only today's bravest buyers would consider homes in cities like Las Vegas and Tampa, where rampant foreclosures are sinking already weak real estate markets. But in markets in other cities, where ...