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A new ruling in a San Francisco circuit court has changed the law surrounding loan modification programs in that district, according to a foreclosure attorney close to the case. The ruling ends the practice some mortgage...

In today’s tough economy, it can take just one blow to cripple a homeowner’s ability to pay their mortgage. The loss of a job, a health issue, or any number of other life events has the potential to seriously hinder the...

The Michigan State Housing Development Authority has announced a new effort to help homeowners avoid foreclosure with its tax delinquency relief program. The MSHDA hopes that this effort will reach homeowners suffering from...

New data shows promising trends in California, where the foreclosure rate is down to its lowest in years. According to information from data bureau DataQuick, the rate of foreclosure starts (the first step in the foreclosure...

Recently the IRS made a tax policy about-face when it announced in early 2013 that banks could write off tax expenses related to home foreclosure immediately in the year incurred. This results in more up front tax benefits...