Servicing

Fannie Mae has chosen the winners of its latest nonperforming loan sales, which included 9,400 loans with $1.68 billion in unpaid principal balance.

On the eve of delivering money to help flood victims rebuild their homes, the federal agency is demanding Louisiana repay $6.6 million because of sloppy handling of funds for building low- and moderate-income housing over the past decade.

The City of Milwaukee is set to start foreclosure proceedings against the nonprofit group Esperanza Unida, which owes more than $95,000 in taxes for its site on West National Ave.

Wall Street speculators are zeroing in on the next U.S. credit crisis: the mall.

The number of underwater properties nationwide decreased once again in the fourth quarter, CoreLogic reported.

First Financial Network is marketing $80 million in performing and nonperforming residential mortgage loans on behalf of the National Credit Union Administration.

In a setback for Florida Attorney General Pam Bondi, an appeals court reversed a ruling against a Broward County mortgage company accused of defrauding hundreds of homeowners at the height of the housing crisis.

Mill City Holdings is returning to market with its fourth securitization of reperforming residential mortgages, this time with a sliver of home equity lines of credit added to the mix of collateral.

Lenders started and completed more foreclosures in Worcester County, Mass., during January than they did at the same time last year.

Most real estate closings are routine for Tom Hundman, a managing attorney with the Frontier Title Co. of Bloomington, Ill., so when something doesn't appear right, he knows to check into it.