The Emergency Homeowners’ Loan Program (EHLP) is a new $1 billion Obama administration program which is estimated to assist 30,000 unemployed borrowers, who are otherwise straining to avoid foreclosure, reports the Wall Street

Florida is deemed the second largest recipient of aid through the Hardest Hit Fund, with $1 billion being provided; the number one recipient was California, with approximately $2 billion. However, according to the Sun Sentinel, a small portion of

Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo, which combined hold 70 percent of the private mortgage origination market, may soon fill the void Fannie Mae and Freddie Mac leave behind, said Housing

Florida home and condominium sales statewide were on the rise last month, according to the latest housing data released by Florida

A force of approximately 240 lawmakers have now joined the argument against the qualified residential mortgage (QRM) down payment, hoping to reduce the currently proposed rate of 20 percent, said Housing

Web-savvy consumers may not typically desire commercial videos for brands, products, etc. while browsing the web, but data from comScore demonstrates that 83 percent of all Americans watched an online video in May, racking up over 5.6 billion viewing

The number of homes for sale in South Florida has dropped to the lowest number since 2008, said The Palm Beach

Wells Fargo & Co. has confirmed that it is leaving the reverse mortgages sector, but it will continue to act as a servicer up until the departure date of June 30, according to National Mortgage

Nearly 40 percent of all first-time homebuyers in the US are expected to be Hispanic, with some of these potential homebuyers being “affluent Mexican nationals fleeing cartel violence,” said the Houston

According to Housing Wire, what the industry really needs is 6.5 million new homes within the next five years in order “to clear the excess housing inventory” of about 2.5 million

Along the Gulf Coast and in the South, between 2004 and 2005, an estimated 100,000 homes were built with toxic Chinese drywall. Today, homeowners are suffering from the

Ines Jeronymo, a former real estate agent at the Keyes Company, has joined Brosda and Bentley

Foreclosure filings, auctions and repossessions of 214,927 properties displays a 2 percent decrease from April, and a 33 percent drop from May 2010, according to

June’s home builder index dropped to a nine-month low, with a monthly Housing Market Index (HMI) drop of three points, resulting in a 13, MarketWatch

Flex MLS by FBS will now make modifications in order to support MLS customers, in response to the “opt-in” IDX policy established at NAR’s Midyear Conferences in May. According to Agent Genius, FBS is the first major MLS provider

May brought some good news for the housing industry, with RE/MAX’s May housing report finding a 3.3 percent increase from April’s numbers, in closed transactions and a 3.7 percent price increase, according to Housing