Foreclosures

Property valuation firm LRES has launched a new service that provides mortgage servicers with comprehensive lien alerts.

The sale will include Fannie Mae's sixth "community impact" pool of loans.

The number of foreclosures completed in December fell 40% from a year earlier, according to CoreLogic.

Homeowners are reaping the rewards of higher home prices, as the number of seriously underwater properties dropped by 1 million from one year ago, Attom Data Solutions said.

Loans that had modifications completed since 2014 are redefaulting faster than those modified in previous years, according to Fitch Ratings.

A former executive at Tennessee Commerce Bank executive has been charged with providing false information to one of the bank's regulators.

The Urban Institute's Housing Finance Policy Center has created a new initiative aimed at addressing skyrocketing mortgage servicing costs.

Democrats boycotted the Senate Finance Committee's planned vote Tuesday on the nomination of Treasury Secretary-designate Steven Mnuchin, temporarily stalling it from moving forward.

Late payments on securitized commercial mortgages fell modestly in January, bucking the recent trend.

Federal banking agencies have levied a $65 million fine against Fidelity National Financial subsidiary ServiceLink Holdings over deficiencies in the foreclosure-related services provided by its predecessor company.

The foreclosure presale inventory rate fell year over year by 30% in December, signaling the most improvement of any year on record, according to Black Knight Financial Services.

In order to address lenders' issues with mortgage servicing rights financing, the industry needs to reconsider its typical securitization structures.

Steven Mnuchin's time as OneWest CEO is expected to draw ample attention at his nomination hearing, but it will not be the only issue to come up as senators try to gauge how he would lead President-elect Trump's financial policies.

Black Knight Financial Services has integrated its Lien Alert portfolio monitoring tool with its LoanSphere MSP servicing system.

Homeowners in predominantly black and Hispanic neighborhoods are more likely than their counterparts in predominantly white neighborhoods to be underwater on their mortgages, according to a report from Zillow.

The national foreclosure inventory fell by 30% year over year in November, according to CoreLogic.

Gov. Andrew Cuomo wants to give the state's banking regulator — one of the country's most aggressive — the power to ban "bad actors" from working in financial services, allowing it to step in when federal agencies refuse to act.

HSBC was fined $32.5 million for failing to comply with a 2011 consent order that directed the bank to revamp its mortgage servicing and foreclosure practices.

Ohio has prohibited the use of plywood to board up certain vacant or abandoned properties in foreclosure.

A California consumer group has urged the Senate Finance Committee to delay an upcoming nomination hearing into Treasury Secretary-designate Steven Mnuchin after a leaked 2013 memo described alleged illegal foreclosure practices at OneWest Bank when he was chairman and CEO.