Foreclosures

From the rollercoaster ride toward the TILA-RESPA implementation deadline to concerns about other areas the Consumer Financial Protection Bureau would zero in on for scrutiny, these seven stories dominated National Mortgage News during 2015. Following are both the stories and an update on where the situation stands now.

Property Assessed Clean Energy loans have been available in Florida since 2010, but lending, as well as securitization of these loans, has lagged far behind California largely due to a series of lawsuits challenging the program's validity.

The rate of mortgage loan delinquencies fell in November, according to Black Knight Financial Services.

SingleSource Property Solutions in Canonsburg, Pa., has merged with iMortgage Services in Pittsburgh.

In their search for ways to shift the credit risk of mortgages from taxpayers to capital markets, Fannie Mae and Freddie Mac may be overlooking important players: the lenders that make these loans in the first place.

The number of homes in foreclosure and the rate of completed foreclosures both declined in October, CoreLogic said.

The number of homes in negative equity continued to shrink, but overall levels of negative equity remain high and are holding back a full-scale housing market recovery, according to Zillow.

American Homes 4 Rent, the largest publicly traded U.S. single-family home landlord, agreed to acquire a smaller competitor, American Residential Properties, in a deal valued at $1.5 billion, including debt.

When news broke in October that New York's Stuyvesant Town was being sold, observers expected the $3 billion loan on the property to be paid off without a glitch.

The commercial mortgage-backed securities delinquency rate improved by double-digit basis points in November, fulfilling Trepp's forecast for a large monthly improvement.