N.J. Community Capital Acquires NPL Pool from Fannie
New Jersey Community Capital in New Brunswick won a Fannie Mae auction of nonperforming loans.
Medford, Ore., Area Foreclosure Rate Continues to Drop
CoreLogic reported a year-over-year drop in the foreclosure rate for the Medford area.
Real Estate Startups Ride Orlando Recovery
Out of the rubble of one of the nation's hardest-hit housing markets have emerged several real-estate startups aimed at helping buyers sidestep mistakes.
CMBS Delinquency Rate Increased in August: Trepp
The commercial mortgage-backed securities delinquency rate rose in August, reversing an improvement in the rate in July, according to Trepp.
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.