Foreclosures

The Department of Housing and Urban Development's support for the widow of a home equity conversion mortgage borrower has broad implications for consumers and lenders.

Starwood Waypoint Priced its first securitization of single-family rental property, a $505 million deal backed by some of the oldest homes in this emerging asset class.

New York Attorney General Eric Schneiderman today announced the launch of a financial consumer education web app called AGScamHelp.

Nonbank mortgage servicers are already in the crosshairs of regulators. Now they will face even more scrutiny from Fannie Mae and Freddie Mac.

The Department of Housing and Urban Development is seeking a buyer for Lakeway Regional Medical Center after the two-year-old suburban Austin hospital defaulted on a $164 million mortgage loan that carried a federal guarantee.

Delinquency rates for commercial and multifamily mortgages declined in the third quarter, according to the Mortgage Bankers Association.

After years of working through the largest backlog of troubled loans this industry has ever seen, the technology in use today is proven and the executives who use it are well trained and capable.

Wells Fargo & Co. targets black and Latino borrowers for more costly home loans than their white counterparts in the Chicago area, helping to prolong a local and national foreclosure crisis, the biggest county in Illinois said.

Fannie Mae and Freddie Mac will let borrowers who have gone through foreclosure buy back their homes at market prices under a policy shift announced by the regulator for the two U.S.-owned companies.

The risk that the failure to refinance a loan collateralizing a single-family rental securitization would cascade into a "widespread" decline in property prices is low, according to Moody's Investors Service.

Home prices experienced a 0.01% decline in September, though they are up 4.6% from the same time last year, according to the Black Knight Home Price Index.

The national delinquency rate fell to a seven-year low through October, according to data from Black Knight Financial Services.

The Consumer Financial Protection Bureau issued a proposal Thursday that would institute new foreclosure protections for consumers after the agency found its previous mortgage rules didn't go far enough.

Lawyers for the U.S. and Wells Fargo told a judge they doubt they can reach a settlement in a government lawsuit accusing the bank of home-mortgage fraud, a person familiar with the matter said.

Because the FHFA drew down vast amounts of taxpayer funds to "pay" for accounting provisions that would later be reversed, the GSEs remained saddled with in senior preferred stock that paid a dividend rate of 10%, until that rate was revised upward.

Colony American Finance has acquired a $165 million portfolio of acquisition lines secured by single-family homes from Archetype Credit Opportunity Fund.

Plaintiffs advocating for spousal rights in existing Home Equity Conversion Mortgages are renewing their motion for class certification, citing circumstances surrounding two instances of foreclosures under interim government policy.

The U.S. Supreme Court agreed to hear two Bank of America Corp. appeals that seek to give lenders more leverage over homeowners who file for bankruptcy protection.

The underlying loan is fixed-rate and amortizes on a monthly basis over a term of 10 years, the longest loan tenure to date that has backed a single-family rental securitization.

Mortgage loan delinquency rates through the third quarter fell to their lowest levels in seven years, according to the Mortgage Bankers Association.