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Distressed mortgage servicing costs are falling and that's primarily due to the market's stability, but it also reflects improved efficiencies that may help in a weaker economy.7h ago
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Alabama is fourth in the country for raw vacancy rate with more than 18% of all housing units in the state empty.February 25
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Corporations that own California properties could soon be fined for keeping homes vacant for more than three months under a proposed law to give tenants, nonprofits and cities more say over what happens to empty buildings.February 21
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For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according to Black Knight.February 20
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Despite a healthy economy and booming real estate market, 2.2% of Orange County, Calif., mortgages were "seriously underwater" at year's end, Attom Data Solutions says.February 14
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The city's Residential Mortgage Foreclosure Diversion program, born out of the recession in 2008, has prevented nearly 14,000 foreclosures by working with lenders and homeowners to lower mortgage payments.February 13
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Mortgage delinquencies dropped to a 40-year low in the fourth quarter as strong employment bolstered borrowers' ability to make timely payments, the Mortgage Bankers Association said.February 11
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The city's decision to drop a lawsuit alleging predatory ending by Wells Fargo, JPMorgan Chase, Bank of America and Citigroup highlights the challenges municipalities face in taking on deep-pocketed financial institutions.February 4
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Default rates for prime jumbo mortgages will increase, but a strong economy and rising home prices will bail most borrowers and lenders out, Moody's said.February 3
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Foreclosure activity during 2019 fell 21% from the previous year, but a few indicators show a change in direction could be possible, according to Attom Data Solutions.January 16
