Faulty foreclosure paperwork and 'robo-signers' who sign off on them are the reason that JPMorgan Chase is halting foreclosure proceedings in 23 states.
The future of a massive New York City apartment complex is a little clearer this week after a state appeals court ruled that a foreclosure sale will go forward. The $5.5 billion sale of the development four years ago marked the peak of the real estate bubble. Now the property is said to be worth less than half that. Amy Scott reports.
Sales of new single-family homes were
flat last month. And the supply of houses on the market reached a 42-year low. Reporter Alisa Roth talks with Steve Chiotakis about the latest housing numbers and whether Americans are moving away from home ownership.
A district court judge in Manhattan ordered a condo developer to return the deposit of a buyer. Marketplace's Jeremy Hobson looks into the potential impact of this ruling.
August housing numbers were released — and the number of housing starts, home completions and apartment building construction is up. But permits for single-family homes were down What does this mean for the housing market and the recovery?
Marketplace's Jeremy Hobson tours one of the poorest neighborhoods in Memphis, Tenn. with an attorney who is bringing a lawsuit against Wells Fargo for predatory lending.
Real estate data firm RealtyTrac is out with its foreclosure report for August. It says defaults and repos are up 4 percent from July's figures. Janet Babin reports.
