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fed publishes new set of foreclosure-review documents

the federal reserve thursday released a set of detailed plans banks have put together to correct problems in their mortgage-servicing and foreclosure-processing operations.

foreclosure money to help state budget

out of $334 million in cash payments sent to florida in a multibillion dollar mortgage settlement with major banks, more than $33 million will help bolster the state's budget.

nevada regains no. 1 spot in foreclosure ratings

nevada retook its no. 1 spot, possessing the highest foreclosure rate in the nation, according to a monthly report released today by national foreclosure tracker realtytrac.

foreclosure homes make up 26% of residential sales, report says

more than a quarter of u.s. homes sold in the first quarter were bank-owned or in pre-foreclosure, according to a new report from realtytrac.

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