Florida House passes bill to speed foreclosures --

The Florida House of Representatives passed a bill Wednesday to accelerate some foreclosures. The state House voted 94-17 to approve H.B. 213. The Senate still needs to pass the legislation.

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Bernanke says lack of down payment, job concerns hurt housing --

Federal Reserve Chairman Ben Bernanke suggests that affordable housing prices and low interest rates are not enticements when potential homebuyers cannot afford down payments and lack job security.

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Wells Fargo, Goldman receive Wells notices over MBS disclosures --

Wells Fargo and Goldman Sachs received Wells notices over mortgage-backed securities disclosures, according to regulatory filings.

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Foreclosure reviews could cost mortgage servicers $200 million --

Federal reviews of past foreclosures could cost top mortgage servicers $ 200 million, Ally Financial said in a financial filing.

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FHA to review new condo restrictions --

The Federal Housing Administration may revise recent regulations some say are hurting purchases and refinances for condominiums.

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