There is almost a 50 percent chance that the Federal Housing Administration (FHA) will need a taxpayer bailout, according to a government audit released today.
Foreclosure filings in Nevada dropped in October, which was the first month of a new state law that mandates tighter foreclosure-processing requirements.
The nation’s home appraisal system needs a serious overhaul, according to a white paper prepared by appraiser Joan Trice and members of the Collateral Risk Network.
Davenport, Iowa, and Fort Collins, Colo., are among the 30 housing markets to make NAHB/First American’s Improving Markets Index, which identifies metros that have shown improvement for at least six months. See which markets made the list.