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The share of seriously underwater homes increased quarterly for the first time since 2012, according to housing data firm RealtyTrac.
April 23 -
Stock Yards Bancorp in Louisville, Ky., reported much better-than-expected earnings in the first quarter one the strength of higher mortgage revenue and net interest income.
April 22 -
As banks have largely ceded the market for government-backed loans to nonbank lenders and servicers, it's fallen on Ginnie Mae to be sure that these nonbanks can meet their obligations to bondholders. It's a huge concern for President Ted Tozer, who says the company does not have the resources or manpower to examine these firms' finances.
April 22 -
Some mortgage-bond investors are criticizing a change in Freddie Mac debt that increases the risk of loss from homeowners who can't afford their loans.
April 21 -
distressed loans, foreclosure, Fitch Ratings, Residential Mortgage Market Index
April 21 -
The largest single-family home landlords plan to raise their rents as much as 5.7% this year as they shift focus from buying properties to boosting their bottom lines.
April 21 -
Federal regulators fined mortgage servicer Green Tree Servicing $63 million in penalties and restitution on Tuesday, alleging that it mistreated borrowers at risk of foreclosure and failed to honor modifications of loans transferred from other servicers.
April 21 -
The message being telegraphed is consistent: lenders have been on notice to upgrade compliance and strict adherence is now expected.
April 21
Offit | Kurman -
Real estate agents' satisfaction with lenders and the underwriting process is rising as distressed home sales decrease, according to the latest survey from the California Association of Realtors.
April 21 -
New Jersey's Atlantic County led U.S. metropolitan areas in foreclosures during the first quarter of 2015, according to new data.
April 20

