Foreclosures

Ocwen Financial has tentatively agreed to sell a mortgage-servicing portfolio on $9.8 billion of loans to Nationstar Mortgage Holdings, and Ocwen hinted that more deals may be in the offing.

A new program in California aims to help low- and moderate-income seniors with reverse mortgages on their homes to avoid foreclosure.

California has delivered less than half of $2 billion in federal aid to help victims of the housing crash.

Prospects have improved for homebuyers who were frozen out of the American dream by investors who plunked down cash to buy houses in distressed markets.

Sellers across Washington and California have a lot to smile about, as cities in these two states ranked among the strongest housing markets in January, according to Pro Teck Valuation Services.

Home prices rebounded in December after three months of declines, according to mortgage technology company FNC.

A new service allows mortgage servicers and investors to identify the risk of homeowners association "super liens."

So far, HomeSafe Georgia has distributed $130 million in 129 Georgia counties.

A federal relief effort that set aside nearly $2 billion in housing aid for troubled Californians is being expanded to help older homeowners avert foreclosures on their reverse mortgages.

Silver Bay Realty Trust Corp. agreed to buy about 2,460 single-family rental homes in one of the nascent industry's largest bulk purchases.

Foreclosures and delinquencies may seem like problems from the past, but servicers are still struggling with a massive backlog of distressed loans and a return to normalcy is at least two years away, if not longer.

Rent prices continue to surge like a red tide in the Tampa Bay area — something few welcome.

National credit default rates accelerated in January from recent lows seen last year.

The North Texas region has been a hub for mortgage servicing for decades, dating back to the oil bust and savings and loan crisis of the 1980s. Today, some key players and many smaller ones remain firmly entrenched in the area.

They're called "zombie properties" — dilapidated, abandoned and overgrown with weeds because the lending institutions inheriting them through foreclosure fail to maintain them.

Nationally, the overall denial rate on a conventional loan was 12.4%, Zillow found after studying 2013 data lenders reported under the U.S. Housing Mortgage Disclosure Act.

Delinquencies of new commercial mortgage-backed securities finished January at a post-recession low, according to Fitch Ratings.

Essent Group closed out its first full year as a public company in the black, as increased premiums continued to fuel profitability.

Lenders including Bank of America Corp. and Citigroup Inc. are accelerating their sales of soured U.S. mortgages as investment firms compete to buy the debt.

Bank repossessions increased in January across South Florida, a welcome sign that more distressed properties are clearing a crowded court system, a new report shows.