Foreclosures

Genworth Financial Inc., the insurer divesting units after posting record losses, has sold 14% of its Australian mortgage-guaranty unit, the company announced on May 11.

MGIC Investment Corp. ended April with 2,606 fewer delinquent loans on its books as the number of new notices declined from the prior month.

The commercial mortgage-backed security loan delinquency rate dropped slightly in April, according to analytics and technology firm Trepp.

Real estate investors are shifting their purchases to multifamily properties as the number of available distressed single-family homes for sale has been depleted over the past two years.

Quarterly delinquency rates hit their second lowest rate since 2007-2008's real estate meltdown, according to the Mortgage Bankers Association.

A pioneer in the U.S. home-rental boom that grew out of the housing bust is becoming a takeover target.

March featured the largest monthly decline in the mortgage delinquency rate in nine years, according to Black Knight Financial Services.

Wes Edens, a co-owner of the Milwaukee Bucks, has shot his share of air balls at his private-equity firm Fortress Investment Group. With mortgage assets, Edens has found his mark.

The Department of Housing and Urban Development has rescinded a policy designed to help certain widowed spouses of reverse mortgage borrowers avoid foreclosure.

Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a first-quarter profit and highlighted an expansion into mortgage lending.

Mortgage interest rates rose during the week thanks to increases in home values and sales as well as slower-than-expected economic growth, Freddie Mac said.

Freddie Mac has planned its first Extended Timeline Pool Offering, the government-sponsored entity announced this week.

Mortgage delinquencies hit their lowest point in nine years during the month of March, according to Black Knight Financial Services.

Increasing foreclosure levels in Atlantic County, N.J., are a credit negative for the government, hit hard by Atlantic City's recent casino struggles, according to Moody's Investors Service.

A new federal lawsuit is an early warning that a recent federal policy letter designed to address litigation over Home Equity Conversion Mortgage spouses' rights doesn't go far enough.

The Department of Housing and Urban Development will revise its auctions of nonperforming mortgages to address concerns that the sales aren't doing enough to help homeowners in communities hurt by foreclosures.

The share of seriously underwater homes increased quarterly for the first time since 2012, according to housing data firm RealtyTrac.

Stock Yards Bancorp in Louisville, Ky., reported much better-than-expected earnings in the first quarter one the strength of higher mortgage revenue and net interest income.

distressed loans, foreclosure, Fitch Ratings, Residential Mortgage Market Index

The largest single-family home landlords plan to raise their rents as much as 5.7% this year as they shift focus from buying properties to boosting their bottom lines.