Mortgage rates climbed this week after investors became less pessimistic about the financial crisis in Europe and the employment market in the...

NEW YORK (Reuters) - The number of U.S. homes headed for foreclosure fell in the second quarter for the first time since the housing slump began in 2006, but improvements may be fleeting as the number of newly delinquent homeowners rose, a ...

" In high-foreclosure cities like Las Vegas, Phoenix and Miami, homes have lost roughly half their values from their peaks.But a report Friday from the Mortgage Bankers Association showed Nevada, Arizona and Florida had some of the biggest declines in new delinquencies ...

NEW YORK (Reuters) - A record proportion of U.S. mortgages were in foreclosure or at least one payment past due in the fourth quarter, according to industry data showing the fragile state of the recovery in the housing market.The Mortgage Bankers ...

NEW YORK (Reuters) - U.S. officials are weighing a plan to let borrowers who have fallen behind on mortgage payments avoid eviction by renting their home instead, sources familiar with the administration's thinking said on Tuesday.Under one idea being discussed ...

Cream of the crop home loans take center stage in foreclosure crisis as recession deepensThe mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as job losses and pay cuts exact ...

NEW YORK (Reuters) - One of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers ...