Foreclosures

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.

About 1,000 servicemembers are eligible to receive more than $123 million from five mortgage service companies as compensation for unlawful home foreclosures, the Justice Department announced.

Radian Group, of Philadelphia, had an explosively strong fourth quarter in 2014 thanks to a reduction of its risk profile as a result of the pending sale of its financial guaranty unit.

After backing off for a while, banks ramped up the pressure on delinquent Nevada homeowners last month, seizing more homes and starting the foreclosure process on more people, a new report shows.

Bank of America is laying off 250 mortgage and technology workers in Charlotte as the No. 2 U.S. bank continues to reduce its portfolio of bad loans.

Orlando homebuyers, particularly Hispanics, have had a more difficult time getting approved for mortgages than buyers nationally, a new study shows.

Despite San Francisco's low unemployment rate and skyrocketing real estate prices, a new study shows that the economic recovery hasn't touched everyone in the city.

Mortgage insurer MGIC Investment Corp. capped off January with 243 more delinquencies on its books than the month prior, according to figures the company released Monday.

A new report from Fitch Ratings found the percentage of loan principal a lender recorded as a loss after foreclosure was similar for agency and nonagency loans.

The housing industry experienced another positive sign on Tuesday as CoreLogic reported that completed foreclosures declined 14% in December from the previous year.

Foreclosure filings for this month in metro Atlanta were up 14% from January, but were still the lowest number for any February since 2001.