Foreclosures

Defaults on commercial mortgage-backed securities declined from the end of the third quarter, compared to the previous quarter, according to Fitch Ratings.

A Georgia real estate investor pleaded guilty this week to property bid rigging and mail fraud, according to the Federal Bureau of Investigation's Atlanta division.

A handful of housing markets in the West showed signs of resilience in October, Pro Teck Valuation Services' monthly Home Value Forecast indicates.

California’s Richmond Community Foundation will pursue a new social impact bond vehicle with a $3 million revenue bond private placement it hopes to close next month with the local Mechanics Bank.

Despite a slight uptick month-to-month, delinquency rates are down year-to-year.

Sales of foreclosed properties in August fell to their lowest level in about eight years, according to Hope Now.

The proportion of U.S. mortgages that were underwater dropped from the second quarter to the third quarter, according to RealtyTrac.

Mortgage servicer Ocwen Financial failed four servicing tests in the second half of 2014. Joseph A. Smith Jr., the monitor of the $25 billion national mortgage settlement, said the Atlanta servicer was “beginning to show progress” in complying with terms of the 2012 agreement.

The Florida Supreme Court affirmed the validation of $2 billion in clean energy bonds over challenges brought by banks and a former state legislator.

The number of properties in foreclosure nationwide rose in the third quarter as the logjam in some judicial states has loosened, according to RealtyTrac.