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Over 40% of the collateral is from two 2016-vintage transactions that were recently "collapsed" because proceeds from liquidations had slowed. Then there's the exposure to Puerto Rico.
March 9 -
Royal Bank of Scotland Group has agreed to pay $500 million to the state of New York after a $5.5B agreement last year with the FHA, and another probe is pending.
March 6 -
Vanessa Krnjaich may not have thought she was saving a neighborhood when she bought her fixer-upper for $45,555 at auction in August 2013.
March 5 -
Delinquencies from Hurricanes Harvey and Irma are starting to subside, even as pre-storm foreclosures that were put on hold resume.
February 23 -
Almost two years after settling mortgage securitization allegations with the Department of Justice and a group of states, Goldman Sachs has fulfilled more than half of its consumer relief commitment.
February 16 -
The percentage of Marion County, Fla., mortgages that are behind on payments was greater in November than it was in November 2016. This could be a residual effect of Hurricane Irma.
February 15 -
The Independence Center mall is scheduled for a Feb. 16 foreclosure sale as its owner, Simon Property Group, faces default on its $200 million loan for the property.
February 9 -
A group led by the National Fair Housing Alliance is suing Deutsche Bank, Ocwen Financial Corp. and Altisource Portfolio Solutions, alleging real estate owned properties in minority communities do not receive the same level of upkeep and maintenance as REO houses in white neighborhoods.
February 2 -
A bill introduced in the Ohio House would speed up legal action against landlords who own blighted properties that become magnets for crime.
February 2 -
Commissioners Court is considering slowing the growth of the Harris County, Texas, budget as officials continue to grapple with Hurricane Harvey's widespread destruction and potential impact on property tax revenues.
January 30







