Below are the latest real estate news headlines for buyers and sellers.

Fannie to Aid Underwater Loans
Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.Read Article
Fri, 09 May 2008 19:14:00 EDT

Russia's Abramovich Buys Colorado Ranch
Russian oil magnate Roman Abramovich has bought a Colorado ranch for $36.3 million … Baseball great Henry "Hank" Aaron has listed his West Palm Beach, Fla., home that borders a golf course for $900,000 … plus more. PhotosRead Article
Thu, 08 May 2008 23:59:00 EDT

How to Find Foreign Home Buyers
June Fletcher explains how to find real-estate agents who focus on foreign buyers – critical now as these home hunters see U.S. properties as bargains.Read Article
Thu, 08 May 2008 22:46:00 EDT

For Mortgages Underwater, Help Swims In
A small fish with a healthy appetite for mosquito larvae is being pressed into service in California, Arizona, Florida and other areas struggling with foreclosures. The problem: swimming pools of abandoned homes have turned into breeding grounds.Read Article
Fri, 09 May 2008 08:35:00 EDT

House Passes Homeowner Aid
The House passed a package of measures aimed at tackling the housing crisis, but bickering signaled turbulence ahead for the legislation.Read Article
Fri, 09 May 2008 00:03:00 EDT

Mortgage Firms Cool to Principal-Cut Plan
A major provision of the housing-market legislation passed by the House Thursday might not help as many borrowers as some expect, trade groups that represent mortgage companies say.Read Article
Fri, 09 May 2008 02:42:00 EDT

Real-Estate Drop Has a Green Lining
Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.Read Article
Fri, 09 May 2008 00:21:00 EDT

Source of House Data Skews Loan Losses
Wachovia and Washington Mutual are using housing-market data that might be less-negative than those used by other lenders.Read Article
Wed, 07 May 2008 23:56:00 EDT

More Homes Hit Market in April
The supply of homes available for sale in major metropolitan areas edged higher in April, new data show.Read Article
Wed, 07 May 2008 22:33:00 EDT

Keeping Families Above Water
The latest flash point in the debate over the nation's bursting housing bubble is this: Since so many American houses are worth less than their mortgages, should the government do more to get lenders to settle for less than the full debt, even if it may cost taxpayers some money?Read Article
Thu, 08 May 2008 23:09:00 EDT