Servicing news
Low borrowing costs and rising home values are just two of several reasons why owning a home is far less burdensome than it was a decade ago.
Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.
A federal judge indicated this week that he didn't see Bank of America as the victim of three local defendants accused of defrauding the bank because of the bank's practices that helped lead to the national real estate collapse in 2008.
A newly launched website has some features of a conventional real estate website, but with a twist.
Fannie Mae has released the list of winners from its fourth nonperforming loan sale, which included a Goldman Sachs subsidiary.
Blackstone portfolio company Incenter has agreed to purchase Interactive Mortgage Advisers.
Homes in South Florida are overpriced in relation to the region's overall economy, though that doesn't necessarily mean the housing market is headed for another tumble, a new report shows.
Annapolis officials are hoping the passage of state legislation will make it easier for them to monitor and punish owners of vacant or blighted buildings throughout the city.
Home foreclosures are down in Kansas and nationally, according to a report from CoreLogic.
U.S. Bancorp agreed to pay $10 million while Banco Santander settled for $3.4 million following missteps in how they handled earlier orders from regulators to fix faulty foreclosure practices, according to the Office of the Comptroller of the Currency.
Foreclosures nationwide continued to decrease in December, according to CoreLogic.
Walter Investment Management Corp. has named David Schneider as president of servicing and originations at Ditech Financial.
Wells Fargo said that it's cutting 68 mortgage positions in Charlotte, N.C., and Fort Mill, S.C., marking the latest reduction in its home loan business.
Flint's next financial blow could be a sharp decline in property values and eventually tax revenues because of lead-poisoned water.
PennyMac Mortgage Financial Services reported a rise in income on higher servicing revenue.
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