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Commercial mortgages placed into special servicing grew last year, but default and foreclosure dollar volume fell as legacy loan resolutions outpaced newly distressed loans, according to Fitch Ratings.
April 29 -
Plenty of homeowners succumbed to foreclosure when the housing bubble burst, but the effects on Hispanic and black communities in particular were heightened, with many still suffering, according to Zillow.
April 25 -
Mortgage prepayments came gushing in at the start of the spring home buying season as delinquencies also improved, according to Black Knight.
April 23 -
Homeowners in Chicago cheated by a mortgage fraud scheme are seeking to form a committee to protect their interests in the bankruptcy of Ditech Holding Corp., the company that owns their loans.
April 23 -
Destiny USA, one of the largest malls in the nation, is struggling to pay its mortgage, according to a published report.
April 17 -
The civil rights activist Jesse Jackson is pushing a proposal that the billions banks have paid in fines be given to Americans who lost homes or suffered in other ways during the financial crisis.
April 16 -
As the dangers of global warming lead to heightened natural disasters, those disasters result, at least temporarily, in a higher amount of mortgage defaults. From Texas to the nation's capital, these are the 12 most hazard-prone housing markets, according to Redfin.
April 15 -
Caliber Home Loans settled a grievance with the Massachusetts attorney general over allegations of providing distressed borrowers with unaffordable loan modifications.
April 11 -
The number of properties with foreclosure filings dropped to the lowest quarterly amount since the Great Recession, according to Attom Data Solutions.
April 11 -
An uncertain future confronts the development, which is located in the North San Pedro Square area of San Jose and was proposed by Z & L Properties.
April 10