Foreclosures

The housing recovery is still pushing through full-steam, according to CoreLogic's latest National Foreclosure Report.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

Profits on home sales reached their highest point in eight years in the third quarter despite a slowing-down of appreciation rates, according to RealtyTrac's U.S. Home Sales Report.

Ocwen Financial is back with another round of term notes issued from its Ocwen Master Advance Receivables Trust.

Citigroup plans to issue another $421 million of reperforming residential mortgage bonds from its Citigroup Mortgage Loan Trust, according to DBRS.

Critical shortcomings in data management and analytics to support servicing rights transfers will become more problematic amid servicer expectations of accelerated activity, according to the results of a National Mortgage News survey.

The commercial mortgage-backed securities delinquency rate continued its year-long improvement in October, with another big improvement predicted for November, according to Trepp.

BlueVirgo Capital Management is marketing $106 million of bonds backed by tax-lien certificates on property in New Jersey and Florida, according to Kroll Bond Rating Agency.

Bank of America has agreed to pay $335 million to settle a lawsuit claiming it misled shareholders about risky mortgages and its dependence on the electronic mortgage registry known as MERS.

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.

Altisource has set its sights on the real estate services market with two acquisitions that will dramatically grow its business in this area.