JPMorgan Chase & Co. is giving its wealthiest clients the chance to invest in the single-family rental market after other investments linked to the U.S. housing recovery jumped in value. more

It’s a potential nightmare scenario for homebuyers, sellers and real estate agents: a deal is reached and the property passes a home inspection, but the bank’s appraisal comes in below the contract price. The financing falls through and with it months of effort and hundreds of dollars in closing costs. more

JACKSONVILLE, Fla. – Lender Processing Services Inc. last week reached a multistate settlement to resolve claims of improper foreclosure practices, including the “robosigning” of documents used to repossess homes, Bloomberg News reported. more

If you’re one of the millions of homeowners and renters who work or run a business from the place you live, here’s some good news on taxes: The Internal Revenue Service wants to make it easier for you to file for deductions on the business-related use of your home. more

The U.S. Department of Housing and Urban Development has a birthday gift for 91-year-old widow Jeanette Ogle that should cause any senior to think twice before signing up for a government-insured reverse mortgage. more

If you want to buy a house with minimal cash by using an FHA-insured mortgage, here’s some sobering news: Thanks to an ongoing series of fee increases and underwriting tweaks – the most recent of which were announced Jan. 31 – FHA is getting steadily more expensive, and may not work for you. more

BOSTON – Lt. Gov. Timothy Murray last week joined U.S. Department of Housing and Urban Development New England Regional Administrator Barbara Fields and U.S. Department of Health and Human Services Regional Director Christie Hager to announce a $5.3 million award to the Mass. Department of Housing and Community Development. more

Despite recent signs of improvement, foreclosures and their lingering effects on families continue to be a crisis in the Ocean State, says HousingWorks RI Executive Director Nellie Gorbea. more

In the contentious debate over whether to reduce or eliminate the home-mortgage interest tax deduction – or leave it alone – one fact has been virtually unchallenged: The popular write-off used by millions of American owners costs the government massive amounts of revenue, somewhere in the range of $100 billion a year. more

Call it the political elephant in the room: 1.2 million families across the country are now at some stage of foreclosure, 3.8 million homeowners have been foreclosed upon since September 2008, 11.4 million are underwater on their mortgages, $6.5 trillion in home equity has been lost by owners since 2005, home building and sales are intimately linked with job creation, yet the subject of housing policy was virtually a no-show in either the Democratic or Republican conventions or in the party platforms. more