Foreclosures

Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting homeownership for low- and moderate-income residents.

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.

Mortgage prepayment levels were at their highest in over six years during October, as existing homeowners took advantage of the lower rates to refinance, or to a lesser extent, purchase a new residence, Black Knight said.

Elizabeth Warren called out Blackstone Group Inc. for its real estate practices as she laid out her tenants' rights plan, accusing the company of "shamelessly" profiting from the 2008 housing crisis.

The third-quarter delinquency rate fell to its lowest point since 1995, according to the MBA. However, Attom Data Solutions' numbers show foreclosure filings experienced a near-term growth spurt in October.

Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.

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.

Years after the foreclosure crisis ended, the Tampa Bay area still has 305 "zombies'' — vacant homes in some stage of foreclosure.

There are many ways to mark the economic progress since the Great Recession: over 100 months of job gains, record low unemployment and a long bull run on Wall Street.

Three people associated with Grand View Financial have been indicted for running a mortgage fraud scheme throughout California, including San Diego County.