short sales

December is mega-tax-bill time on Capitol Hill, when legislation loaded with gifts and goodies for special-interest constituents moves ahead for action before the end...

Early McDonald’s franchisee Irwin S. Kruger sold two units at 1185 Park Avenue for $17.3 million. Sharon Davis, the founder and principal of West...

For David Foster of Chicago, it was a stunning and welcome early Christmas present for him, his wife and three young children. The Senate’s...

From the South Florida site: Former Super Bowl hero Plaxico Burress took a $2 million loss on the short sale of his Lighthouse Point...

Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people...

With generous new guidelines from Fannie Mae and Freddie Mac likely to stimulate large numbers of short sales by underwater homeowners, what impacts can...

If you’re underwater and facing financial distress, what might Fannie Mae’s and Freddie Mac’s new short sale reform policies mean for you? Potentially a...

The first progress report on the impact of the $25 billion mortgage settlement struck by the nation’s five biggest lenders was released today, by...

Sales of homes in some stage of foreclosure accounted for 26 percent of all nationwide residential sales during the first quarter — a three-year...

As lenders increasingly favor the faster and more lucrative short sale process, those deals outnumbered purchases out of foreclosure for the first time in...

Lenders are increasingly turning to short sales for foreclosed properties, providing relief for both the distressed homeowner and the U.S. residential real estate market,...

Banks are beginning to see the benefits of engaging in short sales, the New York Times reported, because they expect to receive higher returns....

Short sales are becoming more and more common in expensive areas as Long Island luxury homeowners try to escape the embarrassment of a foreclosure,...

The Treasury Department is giving lenders a new 10-day deadline for responding to short sale offers, in an attempt to move along a process...