Servicing

Freddie Mac purchased $21.7 billion of mortgages from its seller/servicers in July, its worst acquisition month of the year and only about half of what it bought in January.

Brennan Investment Group LLC, a Chicago-based private real estate investment firm, has formed a joint venture with TriGate Capital LLC, Dallas, to purchase industrial properties across the nation.

The Mortgage Bankers Association is being inundated by member complaints about the Federal Housing Administration's policy decision to extend the forbearance period for unemployed homeowners to 12 months.

Home prices rose just under 1% in June after a 0.4% increase in May, according to new figures compiled by the Federal Housing Finance Agency.

Bank of America Corp.'s share price spiked 17% Thursday morning on news that Warren Buffet's Berkshire Hathaway is investing $5 billion in the company.

Sales of homes that were in some stage of foreclosure or bank-owned status accounted for 31% of all residential transactions in the second quarter, a slight decline from 1Q, according to new figures released by RealtyTrac.

If President Obama wants to create jobs in the building trades he should create a housing trust fund to finance the construction and renovation of rental units for extremely low-income households, according to non-profit housing groups.

Flagstar Bank FSB, a top 15 ranked residential lender, Wednesday afternoon acknowledged that it received a delisting warning from the New York Stock Exchange because of its low share price.

A New Jersey Superior Court Appellate Division has ruled that Deutsche Bank has to start the default foreclosure process all over again on a property it tried to foreclose in 2008.

Sabal Financial Group has acquired a loan portfolio from a Midwest retail bank for $212 million.