Despite a shortage of lower priced homes in markets across the country, the huge foreclosure inventory refused to decline in June, raising renewed fears that the overhang of discounted properties will put downward pressure on home prices. Read More »

Almost half of the homes sold in January were foreclosures or short sales, the highest level of distressed sales in nearly a year, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. Read More »

Mortgage fraud increased by more than 20 percent since the fraud rates reached their lowest point in early 2009, according to an update of CoreLogic’s Fraud Trends Report. Read More »

As investigations and multi-month delays in the foreclosure process begin, those who will suffer most are JP Morgan Chase, Bank of America and Wells Fargo, according to a new survey of foreclosure exposure, and foreclosure suspensions are coming at a bad time, just as foreclosue sales are down and REO inventories are rising. Read More »

Home sales tumbled in August but prices held steady, at least for now, despite falling demand and rising inventories in most markets according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. Read More »

Despite reports that sellers were dropping prices following the expiration of the homebuyer tax credit April 30, a new national report found that prices rose an average of 7.9 percent in the second quarter over the first, though price increases on listings slowed in June. Read More »