Foreclosures

Ocwen Financial Corp. said investors in mortgage-backed securities who criticized its servicing policies are trying to force more foreclosures.

Nationwide foreclosure activity in February approached its lowest point since the financial crisis, mortgage analytics firm Black Knight Financial Services concluded in its monthly "first look" report.

Citigroup's failure to pay 24,000 people owed money as part of a settlement with the government over foreclosure abuses has prompted Maxine Waters, the senior Democrat on the House Financial Services Committee, to call for an investigation into whether banks missed other borrowers.

Wells Fargo is partnering with the National League of Cities to offer a webinar designed to mitigate foreclosures to the general public.

Foreclosure activity in February fell to its lowest level in nine years even though lenders repossessed more assets, according to data from RealtyTrac.

Home prices fell in January while completed foreclosures grew month-to-month, according to figures released March 18 by mortgage technology firm FNC.

Housing markets across the West Coast once again beat out all others, according to the latest Home Value Forecast released March 18 by Pro Teck Valuation Services.

The number of borrowers who owe more on their mortgage than the value of their home continued to improve last year, according to CoreLogic.

The sale of $16.7 billion in nonperforming loans by the Department of Housing and Urban Development Department helped the owners of about 16,700 homes avoid foreclosure, the agency said.

It's not just about cutting lawns and patching holes. To convey a foreclosed property into the Department of Housing and Urban Development's ownership, servicers are on the hook for every last detail of a vacant house. Here are five key pieces of the preservation puzzle.

Foreclosure inventory nationwide continued to shrink as the number of homes lost to foreclosure declined in January, according to CoreLogic.

The new Pimco managers of the world's largest bond fund are embracing the mortgage securities that Bill Gross shunned.

Authorities unsealed a 40-count indictment against six individuals who allegedly targeted distressed homeowners with the false promise of loan modification services following the 2008 financial crisis.

The recent delay of new HECM rules is a reprieve for lenders scrambling to implement training and systems updates ahead of the original deadline. But it's also prompted questions about a key technology used by the reverse mortgage industry.

MGIC Investment Corp. saw its inventory of delinquent loans resume its reduction in February after growing the month prior.

Despite an increase in housing affordability, both first-time and repeat foreclosure starts reached 12-month highs in January, according to Black Knight Financial Services.

The City of New Orleans is planning its first online auction to sell 1,786 adjudicated properties.

Asset manager Distressed Capital Management bought more than $207 million in reperforming and nonperforming whole loans from the Royal Bank of Scotland in late February.

Hope Now said nearly 1.9 million homeowners received some sort of mortgage assistance in 2014.

Two years after Citigroup was punished for widespread foreclosure abuses, the bank is dealing with another misstep: Thousands of people who were entitled to settlement checks never got any money.