Distressed

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.

A former Fannie Mae employee is facing more than six years in federal prison for participating in a scam involving discount sales of properties owned by the government-sponsored enterprise.

Jon Leiberman rarely plays the lottery but he felt like he won it this past June.

The nationwide mortgage delinquency rate had its best October in at least two decades, while the foreclosure rate remained at a 20-year for the twelfth straight month, according to CoreLogic.

Vision Property Management has settled accusations made by New York regulators of predatory lending practices for a total of $3.75 million in cash and forgiven mortgage loan balances.

The delinquency rate for commercial mortgage-backed securities ended 2019 at its lowest point in nearly 11 years, aided by increased issuance and the resolution of legacy transactions, Fitch Ratings said.

The developer of three adjacent lots said one of the reasons for the sale was her time was up with her mortgage holders.

The city of Detroit is expanding property tax exemptions for homeowners to help more residents avoid foreclosure, officials announced Wednesday.

The owners of the former 3M corporate campus filed under Chapter 11 of the Bankruptcy Code, which cancelled a scheduled foreclosure auction of the Austin property.

Elizabeth Warren rolled out a plan to restore bankruptcy protections repealed in a 2005 law championed by Joe Biden, including those that involve mortgage lending.

Ramsey County, Minn. officials agreed to sell Wesely Pettiford's house back to his family, but obtaining financing to make badly needed repairs has been difficult.

There are an estimated 46,000 vacant homes in the San Francisco Bay Area, a surprising number in a region beset by a crippling housing shortage.

Whatcom County in northwestern Washington state went from falling prices and plenty of inventory in 2009 to high prices and low inventory in 2019

November's foreclosure starts hit their lowest level since Black Knight started tracking this data in 2000, while the foreclosure rate reached a 14-year low.

Scores of homes destroyed or badly damaged by Memorial Day tornadoes still sit vacant and abandoned, creating new blight and safety concerns in neighborhoods.

The owner of the MacArthur Center Mall in Norfolk, Va., has defaulted on a $750 million loan which includes the property as collateral.

New York Gov. Andrew Cuomo has signed legislation aimed at getting mortgage companies to take quicker action on vacant properties.

Most commercial and multifamily loan delinquency rates remained near record lows in the third quarter extending a long run of declines in the securitized market, according to the Mortgage Bankers Association.

In another sign of the hot real estate market in the Colorado Springs area, the number of mortgage foreclosures filed in El Paso County last month fell to a near-20-year low.

It's been two years since Taunton, Mass., City Solicitor Jason Buffington announced that a real turnaround was on the horizon for the forlorn and nearly vacant Whittenton Mills complex.