Foreclosures

While foreclosures and distressed mortgages continue to descend overall, trends are moving in the opposite direction in a handful of states, according to Attom Data Solutions.

As global warming contributes to the spread of wildfires, those fires lead to the destruction of homes, mortgage delinquencies and defects. From Texas to California, these are the 15 housing markets with the highest wildfire reconstruction costs, according to CoreLogic.

Freddie Mac is postponing the date it will make using its Servicing Gateway platform mandatory, and adding new requirements related to chargeoffs and interactions with document custodians.

The Office of the Comptroller of the Currency found deficiencies related to the bank's holding period for "other real estate owned."

Detroit and Wayne County officials want to wipe away portions of property tax debt for thousands of poor homeowners as part of a new proposal.

A Rochester, N.Y., developer who faces federal mortgage fraud charges connected to apartments in Buffalo and other cities has pushed back the sale of a significant part of his real estate portfolio until later this month.

The Chateau Hotel and Conference Center in Bloomington, Ill., is under new ownership after a judge agreed to enter a foreclosure judgment.

The Federal Housing Administration should monitor reverse mortgage servicers more closely and track related data that would shed light on a rise in defaults, according to a Government Accountability Office report.

Foreclosure starts dropped to their lowest level in 18 years, and properties foreclosed on but not yet sold fell to a 14-year low in August, according to Black Knight.

The percentage of Tampa Bay homeowners late on their mortgage payments continues to fall.