Distressed

The dollar volume of financing to buy fix-and-flip properties increased 31% annually to its highest level since the heights of last decade's real estate boom, according to Attom Data Solutions.

While there was a slight rise in foreclosure filings in August over July, there was a decline when compared with the previous year for the 14th consecutive month, according to Attom Data Solutions.

South Florida is the nation's capital of mortgage fraud, property data firm CoreLogic says.

Bankrupt mortgage servicer Ditech Holding Corp. cleared the way for the $1.8 billion sales of its businesses by agreeing to preserve some homeowner claims like the right to fix mistakes on their loans.

While delinquent loans in commercial mortgage-backed securities continued trending downward overall, there was an uptick in the rate for more recent originations, a Standard & Poor's report noted.

The Hamilton, Ohio City Council soon will consider whether to require owners to register their vacant industrial or commercial buildings.

Damage from Hurricane Dorian's storm surge has the potential to affect 668,052 homes, according to CoreLogic's latest analysis. Reports estimate a worst-case total of $144.6 billion in reconstruction cost value.

Prospective buyers of the boarded-up East Hills Mall recently reached out to Bakersfield city officials with a new vision for demolishing and redeveloping the property into a village-like mixed-use center.

Bankrupt mortgage servicer Ditech Holding Corp. saw its reorganization plan rejected on Wednesday after a federal judge ruled the company couldn't sell its mortgage-servicing rights and reverse-mortgage business free and clear of consumer claims.

New York State regulators entered into a settlement with a hedge fund in a case of alleged unlicensed and predatory mortgage lending activity by Vision Property Management.

Foreclosure activity fell 21% in July compared to a year ago and rose 6% from June after twelve consecutive months of declines, according to Attom Data Solutions.

After two disastrous fire seasons, California officials have been besieged by homeowners in fire-prone areas complaining that their insurance premiums are skyrocketing or their plans are suddenly being dropped.

The share of abandoned homes by their owners continues to drop at a faster pace than the overall foreclosure rate, totaling half of what they were three years ago, Attom Data Solutions said.

The percentage of Americans behind in their mortgage payments is at a 20-year low. And even fewer Dallas-area homeowners are late with payments than the national average, according to CoreLogic.

A more sustainable approach to home flipping is a responsible one that benefits not just real estate investors, but also the neighborhood, local economy and even the eventual resident.

Some Ohio homeowners who lost their property to foreclosure unknowingly signed over the rights to the excess sales proceeds for a fraction of the amount.

Foreclosure activity dropped 18% in the first half of 2019 compared to a year ago, continuing an 11-quarter streak of sitting below prerecession levels, according to Attom Data Solutions.

Increased consumer debt and the threat of an economic downturn increase the default risk for government-sponsored enterprise mortgages during the first quarter, according to Milliman.

The Federal Housing Administration program insured three-quarters of the mortgages obtained by millennial homebuyers as most had trouble saving up for a 20% down payment, a LendEDU study found.

Housing values across Cuyahoga County, Ohio, continued to increase while home abandonment and vacancy rates continued to decline over the last year, a new study found.