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Fewer delinquencies are expected to accompany higher debt levels in 2017, TransUnion predicted.
December 15 -
Fannie Mae and Freddie Mac will replace the expiring Home Affordable Mortgage Program with a new loss mitigation option called the Flex Modification.
December 14 -
The national foreclosure inventory decreased by nearly a third in October from a year earlier, CoreLogic reported.
December 13 -
When Donald Trump announced his choice for Treasury secretary last month, he called Steven Mnuchin a "world-class financier," citing business successes like his profitable turnaround of a California bank.
December 13 -
Fannie Mae and Freddie Mac will again halt evictions nationwide for foreclosed properties during the holiday season.
December 12 -
The amount of equity homeowners hold grew by $726 billion, or 10.8%, in the third quarter of 2016 versus the year before, according to CoreLogic.
December 8 -
As favorable credit conditions, including low interest rates, begin to dissipate, banks could begin to experience more stress from their loan portfolios, including their real estate holdings, according to Kroll Bond Rating Agency.
December 6 -
The National Fair Housing Alliance and 20 local fair housing groups have filed a lawsuit in federal court against Fannie Mae over its maintenance and marketing of foreclosure properties.
December 6 -
Steven Mnuchin's confirmation hearing is likely to be dogged by stories of homeowners who claim his bank, OneWest, illegally foreclosed on them. While the stories are unlikely to prevent President-elect Donald Trump's pick from being confirmed, it could weaken Mnuchin politically and rehash grievances from the financial crisis.
December 1 -
Bank of America has conditionally completed 97% of the $7 billion in consumer relief it agreed to provide as part of its 2014 settlement with the Department of Justice and six states.
December 1 -
Foreclosure starts dropped to the lowest level recorded since January 2005, according to Black Knight Financial Services.
November 29 -
Renewable Funding, emboldened by the success of its first three trips to the securitization market, is preparing to finance an even larger portion of its lending for energy efficiency upgrades.
November 22 -
Soaring Pine Capital has provided a senior secured credit facility to Park Street Group Realty Services to fund the company's acquisition of residential properties in the Detroit area.
November 22 -
Two consumer advocacy groups in California have accused CIT Group's OneWest Bank of failing to provide mortgages and other financial services in minority neighborhoods.
November 17 -
The default rates for first and second mortgages rose prior to the presidential election, according to Standard & Poor's and Experian.
November 15 -
For the first time, the Department of Housing and Urban Development is selling notes secured by unoccupied one-to-four homes where the last surviving reverse mortgage borrower died.
November 14 -
PHH Corp. has agreed to pay a $28 million fine to the New York Department of Financial Services to settle allegations its servicing and origination units mistreated borrowers.
November 9 -
U.S. Supreme Court justices signaled they may divide over the ability of cities to use the Fair Housing Act to sue banks for discriminatory lending practices that contribute to urban blight.
November 8 -
The number of seriously delinquent mortgages declined 24.8% in September from one year prior, as the number of loans more than 90 days late is at its lowest since August 2007, according to CoreLogic.
November 8 -
A post-crisis spike in foreclosures, the Deepwater Horizon oil spill and recent flooding in Louisiana all shaped the terms and timing of a bank deal struck in Florida.
November 7







