Vulture investors swoop in
Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray.

Pace of housing rescue slows
Hope Now, the mortgage industry alliance of lenders, servicers and housing counselors, reported Wednesday that it helped roughly 170,000 homeowners avoid foreclosure in the month of May.

Mortgage rates drop, snapping a 3-week climb
Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage backer Freddie Mac.

5 celebrity foreclosures
The effects of the foreclosure crisis are rippling throughout the country - and even the rich and famous are not immune.

Mortgage applications rebound
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