Foreclosures

Only about one in four former homeowners who lost property during the housing crash will soon become buyers again as tight credit keeps many out of the U.S. real estate market, according to a National Association of Realtors study.

The residential real estate market remained healthy in February as home prices climbed and completed foreclosures fell year-over-year, mortgage technology firm FNC reported.

The inventory of homes at some stage of foreclosure fell 27% in February from the year before, according to CoreLogic.

Ocwen Financial announced a preliminary loss of $546 million, or $4.18 per share, for fiscal year 2014 Tuesday, on a higher-than-expected goodwill impairment and charges stemming from the company's settlement with the New York Department of Financial Services.

Radian Group Inc. Chief Executive Officer S.A. Ibrahim said the mortgage insurer is poised to expand after its first profitable year since 2006.

Fannie Mae has released details of its first bulk sale of nonperforming loans, just one day after announcing its plans to go ahead with these transactions.

The Wizarding World of Harry Potter at the Universal Orlando Resort seems a world away from the nearby Florida neighborhood nicknamed "Crime Hills." But magic is spreading.

The number of borrowers who could reap the benefits of refinancing has grown to 7.1 million as interest rates have fallen, according to Black Knight Financial Services.

HSBC Holdings defeated New York's lawsuit alleging its paperwork delays put property owners in foreclosure at an increased risk of losing their homes.

Clayton Holdings has acquired technology valuation provider Red Bell Real Estate and its sister company, Main Street Valuations.

Bank of America is asking the Justices to overturn lower-court rulings that mortgage loans with a secondary lien on a debtor's asset can be "stripped down" to zero when the collateral is completely underwater. The decision could affect an even wider range of second liens.

The federal government awarded the California Housing Finance Agency more than $450,000 to support a program that provides counseling to homeowners facing foreclosure.

Large mortgage servicers continued to shed delinquencies as overall loan performance improved in the fourth quarter, the Office of the Comptroller of the Currency said Friday.

Financial institutions are far from drowning because of underwater mortgages, with the impact of these loans mostly behind them, according to Fitch Ratings.

Blackstone Group's rental-home finance company plans to offer bonds backed by properties managed by many landlords, the first sale of the debt from multiple borrowers.

Many servicers are willing and able to modify mortgages to help borrowers save their homes. It’s just a matter of getting that message through.

The Justice Department's Clifford White is putting all mortgage servicers on notice that they too will be punished if they flout bankruptcy rules.

MGIC Investment Corp. former Chief Executive Officer Curt Culver, who presided over an 85% stock-price decline during his tenure, received compensation valued at about $8 million for his last full year in the top job.

Commercial mortgage-backed securities servicers have held on to real-estate owned properties for longer than usual, which could lead to a reversal in the declines in liquidations seen recently, according to a Fitch Ratings study.

Ocwen Financial is fighting back against a group of large bondholders that have accused the Atlanta mortgage servicer of improper servicing practices and an alleged breach of trust.