Foreclosure Letter Scam Appears in New Jersey
The scam letter a Brick, N.J., homeowner got in the mail recently is enough to send an electric jolt into any homeowner.
Wisconsin Assembly Candidate Defends Bankruptcy, Home Foreclosure
Voters overwhelmingly rejected businessman Dave Westlake in his 2010 bid to become the GOP nominee for the U.S. Senate, opting for Ron Johnson instead.
FHA Proposal Would Hit Ginnie Mae
Mortgage securitizer Ginnie Mae could get hit if a proposed deadline for filing claims on FHA-insured loans goes into effect.
Why REO Rehab Is Making a Comeback
Real estate owned managers can differentiate themselves and earn more business by bringing focus back to distressed property rehabilitation.
Foreclosure Rate Falls in South Florida
The foreclosure rates in Miami-Dade and Broward counties both fell in June, continuing a long-time trend since the housing market started to bounce back in 2012.
Hawaii Foreclosures Increase After Declining for 18 Months
A declining trend of fewer real estate foreclosures in Hawaii has snapped after an 18-month run.
Mortgage Servicers Resume Securitizing Repayment Rights
Residential mortgage servicers are once again tapping the securitization market to fund advances to bondholders for the first time since April 2014.
People Movers of the Week: Aug. 28
Mortgage professional hiring and new job appointments for the week ending Aug. 28.
Tax Sale for Delinquent Properties in Indiana Will Proceed
Indiana legislators made changes to get blighted properties out of local government tax sales -- but not in time to affect Friday's annual sale of liens for tax-delinquent properties in Evansville.
Toledo Fifth in Foreclosed-Home Sales
Nearly one out of every seven home sales in metro Toledo involves a property that is in the foreclosure process, a sign that the local housing market has not fully moved from an investor-driven market to one that is mainly driven by traditional buyers.
Walter Investment Gets OK to Hold $3.3B in Servicing Rights
Walter Investment Management has received approval from Freddie Mac to hold the mortgage servicing rights on $3.3 billion in residential mortgage loans.
HUD Program Failed to Detect Residency Issues: Report
The Department of Housing and Urban Development's policies governing the Home Equity Conversion Mortgage program failed to detect instances where borrowers failed to comply with residency requirements, according to a report.
In-Foreclosure Sales Drop to 15-Year Low: RealtyTrac
The share of properties sold during the foreclosure process continued to drop in July as the housing market continued on strong footing, according to RealtyTrac.
Quicken, Home Depot to Detail Detroit Home Renovations
Quicken Loans, Home Depot and city officials announced details of a project to renovate 65 Detroit homes and auction them through the city's land bank in a bid to boost property values in four neighborhoods.
Augusta, Ga., Foreclosures Higher in July
Foreclosure activity for the Augusta metro area was higher in July, according to real estate data firm RealtyTrac.