Servicing

Homeowners associations seeking unpaid dues are seizing on a court decision allowing them to foreclose on properties ahead of banks, and the FHFA is litigating to defend Fannie and Freddie mortgages. Private lenders, meanwhile, are trying to keep the problem from spreading to more states.

Almost 80% of the metro Milwaukee area's most-active real estate markets saw an increase in the average home price in 2014, and real estate analysts expect the trend to continue this year.

Mobile boards hung with candy-colored pages announcing the day's foreclosure hearings still stand sentry on the fourth floor of the Palm Beach County, Fla., courthouse — makeshift organizers erected during the unbridled early days of the housing crisis.

Progress Residential priced its second securitization of single-family rental properties.

The Supreme Court gave borrowers the path to file a rescission notice without going to court, but experts expect more banks to initiate legal proceedings to stop rescissions they see as frivolous.

Thousands of struggling Michigan homeowners who got a break on their mortgage during the financial crisis will get a letter this year with a bit of bad news.

Although foreclosures had peaked in 2010 in many states and metropolitan areas, statistics show a different story for Maryland.

Recently disclosed emails and documents give the clearest evidence yet that high-level banking officials pushed subprime mortgage loans knowing some Detroiters couldn't pay them — helping spark a foreclosure crisis that devastated the city during the Great Recession.

Ocwen Financial Corp., one of the biggest U.S. mortgage servicers, rejected as "groundless" accusations by an investor group that the company’s practices created defaults on home-loan bonds backed by debt it oversees.

California's Department of Business Oversight said Friday that it will drop its effort to suspend Ocwen Loan Servicing's mortgage license in California. The Atlanta servicer had failed for more than a year to provide its California regulator with requested information