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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.
November 24 -
The national delinquency rate fell to a seven-year low through October, according to data from Black Knight Financial Services.
November 21 -
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.
November 20 -
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.
November 19 -
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.
November 17
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Colony American Finance has acquired a $165 million portfolio of acquisition lines secured by single-family homes from Archetype Credit Opportunity Fund.
November 17 -
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.
November 17 -
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.
November 17 -
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.
November 14 -
Mortgage loan delinquency rates through the third quarter fell to their lowest levels in seven years, according to the Mortgage Bankers Association.
November 14 -
Regulators are preparing rules to curb financial risks of expanding nonbank mortgage companies after investigating homeowner complaints that include improper foreclosures and unauthorized fees.
November 13 -
Bank of America Corp. and Citigroup Inc. are selling multiple pools of soured U.S. mortgages to meet demand from investment firms that are pushing prices higher.
November 12 -
Commercial mortgage-backed security delinquencies declined during October, according to Fitch Ratings.
November 11 -
Despite policy changes that apply to new reverse mortgages, the rights for existing spouses of deceased borrowers remain unclear and subject to change until HUD and litigants agree on a final policy in line with court directives.
November 10
National Mortgage News -
Continuing housing problems and increasing economic inequality are bringing illness to low-income neighborhoods. To solve the problem, policymakers and financial industry leaders need to develop programs that address the intersecting issues of health and poverty.
November 7 -
Wide-ranging efforts to reform Home Equity Conversion Mortgage lending and servicing practices are designed to close loopholes and resolve policy inconsistencies, but some obstacles remain unresolved and more work needs to be done.
October 31
National Mortgage News -
The Hope LoanPort platform has activated a web portal designed to support foreclosure prevention counseling and loss mitigation.
October 31 -
JPMorgan Chase & Co.'s sale of a new type of mortgage-linked bonds is the best glimpse yet into a possible future of the $9.4 trillion U.S. home-loan market.
October 31 -
Embattled nonbank servicer Ocwen took a $100 million charge for a potential settlement of foreclosure violations and posted a third-quarter loss, but warned the final cost to settle allegations that it backdated foreclosure notices could be higher.
October 30 -
In a surprise victory for mortgage servicer PHH Corp., a California judge overturned a $16.2 million jury verdict awarded to a California homeowner in July for a botched loan modification.
October 29










