Servicing

Fitch tempered its optimism about U.S. home price increases that have been the largest since 2005, noting that gains tend to be from factors like supply-demand imbalances rather than economic strength.

BankFinancial has sold nonperforming loans and foreclosed-upon real estate with a combined value of $22.7 million to unnamed buyers via two bulk sales.

Veros Real Estate Solutions’ latest quarterly forecast indicates the top 100 markets nationwide will appreciate on average 1.2% over the next 12 months.

There were more losers than gainers among the member stocks of National Mortgage News’ Mortgage Industry Equity Composite as the market closed Thursday afternoon.

Mortgage people need to toe the mark or CFPB may tow it for you.

The November 2012 CoreLogic National Foreclosure Report shows the number of completed foreclosures in the U.S. dropped 6% month-over-month.

Congressional efforts to reduce the U.S. deficit revived tax breaks for mortgage insurance and extended interest deductions for homeowners that will cost the government $600 billion over five years.

The Federal Housing Finance Agency said that Fannie Mae and Freddie Mac were responsible for completing more than 134,000 foreclosure prevention actions in the third quarter of 2012.

Savvy investors rushing to take advantage of current and long-term foreclosure-to-rental market opportunities may stumble upon an unexpected barrier: data.

Flagstar Bancorp Inc., Troy, Mich., is selling a portfolio of commercial loans, including commercial real estate loans, to CIT Bank for $779 million.