Servicing

Blackstone Group bought 1,400 properties in Atlanta, some eligible for federal low-income housing subsidies, in the biggest bulk purchase for the fledgling homes-for-lease industry.

Freddie Mac purchased nearly $52 billion in mortgage loans and securities in March, up 21% from the prior month.

The average weekly rate for a 30-year fixed-rate mortgage continued to slide for the fourth week in a row.

A new Fannie Mae report suggests many previously underwater borrowers’ equity is rising back to levels more in line with their mortgages.

Defaults on Home Affordable Modification Program loan modifications are increasing at an “alarming rate.”

Flagstar Bancorp has returned to profitability, posting first-quarter net income of $22 million, compared with losses of $94 million in 4Q12 and $9 million in 1Q12.

Wells Fargo's shareholders have rejected a proposal that would have directed the company to review whether its mortgage servicing and foreclosure practices violate anti-discriminatory laws.

Despite its rapid growth and healthy economy, Houston has some problems more commonly found in Rust Belt cities, particularly abandoned or substandard housing.

Hundreds of thousands of homes are being withheld from the market, raising questions about whether the recent run-up in housing prices is artificial.

Recovering from natural disasters can often be very difficult not only for families and communities, but servicers, too.