Mortgage defaults

Home prices will increase by more than 5% over the next year, after increasing by 6.3% on a year-over-year basis in September, according to CoreLogic.

The Bancorp's stock fell nearly 15% Friday after the Wilmington, Del., company reported a large quarterly loss tied to a bad commercial real estate loan.

Banc of California in Irvine has sold about $163 million of single-family residential mortgages to an unnamed buyer.

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.

The Consumer Financial Protection Bureau will require underperforming servicers to document the technology and process changes they're making to implement the agency's recently released servicing regulations.

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.

Home BancShares in Arkansas would rather buy banks that meet its financial parameters than do one large deal to catapult over $10 billion in assets. The bank also spent most of this year idling with M&A so it could prepare for stress testing.

Moody's Corp. said federal officials are planning a lawsuit over its ratings of residential mortgage securities that critics contend were inflated to win business in the years leading up to the 2008 financial crisis.