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Wells Fargo estimates that in 400 instances, borrowers later went through foreclosure who were improperly denied or not offered a mortgage modification.
August 6 -
Baltimore had the highest share of distressed home sales of any city in the country, according to Attom Data Solutions.
July 27 -
Just 5.1% of the $91 million of liens backing the transaction are vacant, down from 9.2% of the prior deal; this allowed the sponsor to borrower more heavily against the value of hte collateral.
July 26 -
Radian Group's second-quarter earnings beat consensus estimates because of lower loan loss provisions than forecast, along with record new mortgage insurance written.
July 26 -
Mortgage foreclosure starts and active foreclosures were at their lowest level in over a decade although there was an increase in new delinquencies in June, according to Black Knight.
July 24 -
Continued favorable loss development trends allowed MGIC Investment Corp. to beat analyst estimates for the second-quarter earnings report.
July 18 -
Fewer Dallas-area homeowners are behind in their mortgage payments than at any time since the Great Recession.
July 16 -
Connecticut entered July with the fifth-highest rate of residential mortgages under foreclosure in the nation, according to a study of more than 360,000 foreclosures nationally over the first six months of the year.
July 13 -
Foreclosure filings plummeted in the first half of the year, but 40% of local markets saw foreclosure starts increase, with the last housing bubble no longer to blame for the growth, according to Attom Data Solutions.
July 12 -
Healthier economic conditions, more effective underwriting methods and recovering hurricane-impacted states helped drive delinquency and foreclosure rates to their lowest level in over 10 years, according to CoreLogic.
July 10 -
The number of nonbank lenders and servicers that did not comply with the California Residential Mortgage Lending Act Annual Report requirements grew this year, prompting a reprimand and warning of penalties from the commissioner of the state's Department of Business Oversight.
July 2 -
The U.S. Supreme Court agreed to decide whether thousands of borrowers can invoke a federal debt-collection law when they are facing foreclosure.
June 28 -
Bank of America allows foreclosed houses in black and Hispanic neighborhoods to fall into disrepair even as it studiously maintains bank-owned homes in white areas, housing activists allege.
June 28 -
One-time Modesto City Council candidate Robert Farrace, an attorney and real estate broker, was sentenced to two years in federal prison for defrauding real estate lenders.
June 19 -
The bill aimed at helping struggling homeowners also requires documentation of servicer behavior and FHFA evaluation of the services provided to borrowers.
June 18 -
The man authorities called the mastermind behind a complex mortgage fraud scheme targeting distressed properties was arrested June 7 in South Carolina and charged with being a fugitive in violation of probation.
June 18 -
The Columbus, Ohio, city attorney's office has filed a complaint against a corporation based in Nebraska and Columbus that owns 11 blighted properties here and created companies to shield it from liability.
June 15 -
Sales of nonperforming loans by Fannie Mae and Freddie Mac slowed during the past year as the number of delinquent loans on their books continued to drop.
June 14 -
Unemployment lows and increased home equity paved the way for the lowest mortgage delinquency rates seen in 11 years, according to CoreLogic.
June 12 -
Lori and Dwayne Bell of Derby, N.Y., have been scared out of their minds for almost 10 years.
June 11


















