A report out from RealtyTrac says nearly 1 in 300,000 homes received a foreclosure notice last month, which is up since January and since last year in general. Ashley Milne-Tyte reports where more of the foreclosures are centered.
Over 1,000 people showed up for an auction on foreclosed properties yesterday in New York City. The crowd was double what it was last year and drew two dozen protesters. Jennifer Collins explores the emotional responses to the auction.
First-time homebuyers are entitled to an $8,000 tax credit this year, but how do you qualify? It's not as easy as you may think. Marketplace's Rico Gagliano explains who qualifies in our latest Marketplace Decoder.
Obama's mortgage rescue plan calls for relief for Freddie Mae and Freddie Mac customers. It also calls for changes to loan companies, which should offer everyone some relief. Tess Vigeland asks Nic Retisnas of Harvard's Center for Housing Studies to break down the details and beneficiaries of Obama's housing plan.
Thousands of foreclosed properties are sitting on the market and driving home values down. But one federal program is aimed at helping people who don't own homes buy foreclosed properties to get them off the market. Tamara Keith reports.