Amilda Dymi

The Federal Reserve System has released a written non-objection that gives TFS Financial Corp. the green light to resume its fourth stock repurchase program.

As the last day of hearings on the $8.5 billion Countrywide settlement closed without a conclusion, analysts warned investors’ wait for payouts could be much longer.

Since seller-funded down payment assistance is no longer available, social media sources might be an alternative.

Data through July 2013 show over 1.7 million homeowners received foreclosure mitigation assistance through the Making Home Affordable Program.

The continuous housing market recovery and the overall decline in inventory is pressuring down foreclosure sales across California.

Moody's Investors Service has corrected and upgraded the ratings of three vintage securities backed by subprime mortgage loans that were issued by Novastar Mortgage Funding Trust from 2003 and 2004.

Seneca Mortgage Investments is planning to acquire AMS Servicing.

Analysts continue to address single-family foreclosure-to-rent properties as an emerging asset class, but there is consensus this segment of the REO market is on solid growth mode.

A mortgage fraud ring of professionals operating in Syracuse allegedly obtained more than $1 million from lenders while preying on first-time home buyers and taxpayers.

The nation’s community bankers have “serious concerns” about the new National Flood Insurance Program slated to take effect next month.

The Chubb Group of Insurance Companies has developed a solution for smaller-size businesses for which cyber-crime-related data breaches are as challenging as prevention costs.

Bill McBride of Calculated Risk finds the August Las Vegas housing market trends are offering the best window so far into whether the residential real estate inventory has bottomed.

UC Funding has funded an acquisition bridge loan secured by a first mortgage on a 304-unit garden-style Class B apartment community in San Antonio.

Wells Fargo will invest $11.4 million to help accelerate the economic recovery through neighborhood improvement projects in 25 cities affected by the foreclosure crisis.

Mobile cloud technology is singlehandedly changing mortgage and field servicing processes, according to at least one insider, in ways that are both evident and obscure.

Unlike most mortgage stocks PennyMac Mortgage Investment Trust and Kaufman & Broad shares traded up on Friday.

Higher home prices that are currently soaring in many parts of Florida have increased affordable housing demand pressing developers to take advantage of available resources.

Between June 2012 and August 2013, the number of counties committing to e-recording increased by more than 25%.

Mortgage lender Quicken Loans is “betting big” on the city by entering into a multiyear partnership with the Detroit Lions football team.

The recovery rate on securitized commercial mortgage loans that were liquidated during the second quarter suffered a fairly sizeable setback while the overall volume of specially serviced CMBS loans is gradually shrinking.