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Early payment mortgage defaults went to the highest level in nearly a decade, particularly among loans included in Ginnie Mae securities, a Black Knight report said.
November 4 -
Years after the foreclosure crisis ended, the Tampa Bay area still has 305 "zombies'' — vacant homes in some stage of foreclosure.
November 1 -
GameStop's plan to shutter up to 200 stores could adversely affect commercial mortgage-backed securities loans with a combined allocated property balance of almost $42 million, according to Morningstar Credit Ratings.
October 21 -
Three people associated with Grand View Financial have been indicted for running a mortgage fraud scheme throughout California, including San Diego County.
October 21 -
While foreclosures and distressed mortgages continue to descend overall, trends are moving in the opposite direction in a handful of states, according to Attom Data Solutions.
October 18 -
As global warming contributes to the spread of wildfires, those fires lead to the destruction of homes, mortgage delinquencies and defects. From Texas to California, these are the 15 housing markets with the highest wildfire reconstruction costs, according to CoreLogic.
October 15 -
National Cooperative Bank is starting a conduit to purchase Federal Housing Administration-insured mortgages that are at least 60 days' delinquent with the aim of turning them back into performing loans.
October 15 -
Freddie Mac is postponing the date it will make using its Servicing Gateway platform mandatory, and adding new requirements related to chargeoffs and interactions with document custodians.
October 11 -
As the climate crisis worsens, more Americans will be forced from their homes. Many won't be able to afford it, and the U.S. isn't prepared for a massive, government-subsidized migration away from flood-prone areas.
October 9 -
The Chateau Hotel and Conference Center in Bloomington, Ill., is under new ownership after a judge agreed to enter a foreclosure judgment.
October 7