Servicing

Foreclosure activity plummeted significantly in the month of June, in part because foreclosure starts hit a new record low.

A poster on the Mortgage Grapevine is asking if the government is really considering creating HARP 3.0.

The Federal Bureau of Investigation arrested a former California mortgage broker earlier this month at his home for a violation of bank fraud.

Richmond, Calif., is the first city in the nation to try eminent domain as a way to stop foreclosures.

Stonegate Mortgage Corp. has opened a new branch in Brandon, Fla.

The U.S. homeownership rate, which soared to a record high 69.2% in 2004, is back where it was two decades ago, before the housing bubble inflated and ripped more than 7 million Americans from their homes.

Located at 4857 Broadway in the Inwood neighborhood of Manhattan, this 38,000-square-foot concrete and steel residential and retail building is the first of its kind built in New York City. Photo: Courtesy of GLUCK+.

The Tax Foundation's economic model finds that after the effects of wiping out the mortgage deduction are fully phased in, the economy would shrink by $254 billion.

Today, the REO headache many thought would be amassed in banks’ portfolios for years to come has all but dissipated in those former trouble spots.

The national foreclosure inventory continues to fall as fewer foreclosures were completed in the month of June.