Foreclosures

Foreclosure starts dropped to the lowest level recorded since January 2005, according to Black Knight Financial Services.

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.

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.

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.

The default rates for first and second mortgages rose prior to the presidential election, according to Standard & Poor's and Experian.

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.

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.

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.

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.

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.

Millions of consumers' credit reports will no longer reflect past mortgage problems, which could open up borrowing opportunities for many of them.

Ocwen Financial Corp. posted a quarterly profit for the first time since 2015.

The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services.

China Oceanwide Holdings Group has agreed to purchase Genworth Financial in a $2.7 billion cash deal, joining a record buying spree by Chinese companies as they seek to boost growth overseas.

MGIC Investment Corp. posted the biggest intraday gain in 11 weeks as third-quarter operating profit advanced on lower costs tied to soured home loans.

Condominium associations cannot afford to take on the potential legal risk that reporting delinquent borrowers to the credit bureaus would bring.

Foreclosure filings dropped to the lowest level reported since December 2005, signaling the end of the country's foreclosure crisis, according to Attom Data Solutions.

Servicers have long skimped on technology investment, leaving legacy systems that can't keep pace with compliance demands. But rising costs and a new round of regulations are compelling both servicers and vendors to finally address these deficiencies.

The number of completed foreclosures nationwide in August dropped 42% from a year earlier, according to CoreLogic.

The bank's fake account scandal is further reason to make the results of Wells' 2012 Community Reinvestment Act exam public.