Foreclosures

In more good news for the real estate market, thousands of Albuquerque-area residents have regained equity in their homes.

The City of Milwaukee is set to start foreclosure proceedings against the nonprofit group Esperanza Unida, which owes more than $95,000 in taxes for its site on West National Ave.

The number of underwater properties nationwide decreased once again in the fourth quarter, CoreLogic reported.

In a setback for Florida Attorney General Pam Bondi, an appeals court reversed a ruling against a Broward County mortgage company accused of defrauding hundreds of homeowners at the height of the housing crisis.

Lenders started and completed more foreclosures in Worcester County, Mass., during January than they did at the same time last year.

The area housing market is whispering optimism in the new year. Prices are moving up. Inventory is balanced. Foreclosures are down.

The program is a collaboration between the City of Milwaukee, Ocwen Financial Corp. and community groups like Common Ground.

One eviction suit filed stands out from the nearly 900 other evictions filed in Milwaukee County Circuit Court last month.

CoreLogic has released a new platform that provides information on lien and equity positions for whole loan traders and servicers.

The monthly prepayment rate declined in January, an indication of the effects of higher interest rates.

Ocwen Financial Corp. reduced its net loss in the fourth quarter, a reflection of the company's efforts to reduce expenses.

The quarter-to-quarter increase in the mortgage delinquency rate is nothing to get excited about — yet, said a member of the Mortgage Bankers Association economics team.

Fannie Mae is making technological updates and implementing policy and operational changes as part of an effort to improve servicing.

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.