Foreclosures

The Federal Housing Administration is making it easier for reverse mortgage servicers to submit insurance claims by expanding the types of supporting documentation it will accept on defaulted loans.

Natural disasters are now the leading driver of lenders' foreclosure risk, with last year's hurricanes causing a rise in third-quarter filings in affected markets, according to Attom Data Solutions.

The mortgage delinquency rate fell to a 12-year low, with declines expected to continue as the unemployment rate stays down, according to CoreLogic.

Destruction from Michael's storm surge and flooding has potential to affect 57,000 homes, with a worst-case total of $13.4 billion in reconstruction cost value, according to CoreLogic's latest estimates.

Delinquencies will be on the rise and Veterans Affairs loans have greater density within FEMA-declared disaster zones from Hurricane Florence, according to Black Knight.

Property values for homes that were foreclosed on during the Great Recession are outpacing the nation's average house price appreciation, according to Zillow.

During the foreclosure crisis, thousands of Floridians turned to Mark Stopa for help in saving their homes.

Fannie Mae and Freddie Mac issued new capital requirements for private mortgage insurers that will create big swings in carriers' asset reserves.

Foreclosure starts increased 9% in August compared with July, slightly higher than the historic norm between the two months, according to Attom Data Solutions.

Florence's flooding and wind destruction affected about 700,000 residential and commercial properties across North Carolina, South Carolina and Virginia, according to CoreLogic's latest estimates.

The mortgage delinquency rate dropped to its lowest level in over 12 years, but servicers should expect an increase following the impact of Hurricane Florence, according to Black Knight.

A Jacksonville, Ill., church facing foreclosure has a new lease on life after months of fundraising.

Commercial mortgage-backed securities delinquency rates are likely to continue to decrease for the rest of the year, as new issuances outpace maturing loans and precrisis loans continued to get resolved by special servicers, Fitch Ratings said.

While the severity of Florence was reduced prior to Friday morning's landfall, mortgage servicers are taking proactive steps in addressing the emergency situation.

The number of Americans who are behind on their mortgage payments is the lowest in more than a decade.

The serious mortgage delinquency rate sank to its lowest June reading in 11 years, though recent natural disasters pose risk to loan performance in affected areas, according to CoreLogic.

The mortgage delinquency rate dropped to its lowest level in 12 years despite foreclosure starts and active foreclosures both increasing in July, according to Black Knight.

More flip-and-fix property buyers seek financing for their purchases as fewer distressed homes come on the market and sales margins narrow, said Attom Data Solutions.

Delinquencies for loans securing commercial mortgage-backed securities continued to decline, although they are still well above rates for other types of investors, according to the Mortgage Bankers Association.

Tax foreclosure filings in Philadelphia have skyrocketed 1,200% since 2010, so the city is promoting its homestead exemption to keep people in their homes.