A Michigan woman convicted of fraud for attempting to forge a $70,000 check to stop foreclosure proceedings on her house will not face jail time.
A St. Paul program aimed to buy and rehab vacant and abandoned homes has raised questions whether the effort was worth it, or if the city spent too much by making the homes a little too fancy for the rate of return.
Foreclosure and mortgage delinquency rates continued to decline in March in Cedar Rapids and Iowa City on a year-over-year basis.
Mortgage professional hiring and new job appointments for the week ending May 29.
New servicing standards issued by the government-sponsored enterprises are unlikely to pose a hurdle for the biggest nonbank players in the market, but small servicers could find it more challenging.
Miami-Dade County's foreclosure rate fell again in March as the aftershocks of the housing crisis continue to fade away.
The Connecticut House of Representatives voted overwhelmingly Wednesday to extend the state's foreclosure mediation through 2019, a compromise bill accepted by banking lobbyists.
Ocwen Financial will close a call center in Houston as the mortgage servicer continues to downsize.
Freddie Mac auctioned off 1,052 delinquent nonperforming loans serviced by Ocwen on May 21 as part of its Standard Pool Offerings.
Eight years after the bottom fell out of the housing market, investment giants including BlackRock are facing off against small hedge funds over the detritus of the subprime era.
Detroit is among the top five areas for returns on home flipping, a sign that there are not enough move-in ready or newly constructed homes for buyers, according to a report from RealtyTrac.
The number of El Paso homes in some stage of foreclosure in April decreased 38% from March, but increased 37% from April 2014, according to RealtyTrac, a California company that tracks foreclosures nationwide.
In the wake of recent court rulings upholding homeowners associations' "super lien" status in foreclosures, mortgage vendors have flooded the market with products to help servicers and investors manage this long-standing threat.
Total foreclosure filings were down year-over-year in Florida, according to a report released by RealtyTrac.
The City of Milwaukee is no longer accepting applications for a popular perhaps too popular home improvement loan program.