Mortgages

Fannie Mae has announced the winning bidder for two pools in its second nonperforming loan sale, which includes roughly 3,900 loans carrying a total of $765 million in unpaid principal balance.

Ocwen Financial has partnered with several local organizations to sponsor seminars to help homeowners stay in their homes.

Potential homebuyers were most worried about price in the second quarter, according to a new Redfin survey.

The number of homes that have recorded yearly declines in value of at least 2% has risen sharply, according to Weiss Residential Research.

DotLoop, the tech startup Zillow just bought, takes the headaches and duplication out of managing real estate documents — up until the hardest part of the transaction, the mortgage. Expanding into mortgages is possible, but would be tricky.

Detroit property values have increased the most in percentage of value of any city in the U.S. over the last year, a mortgage consulting firm found in its monthly survey.

Banks have ramped up foreclosure activity in the past five months, with default notices, scheduled auctions and bank repossessions at their highest levels in two years. It's a positive sign that banks are finally clearing out all the distressed loans still lingering from the housing crisis. Meanwhile, banks remain cautious about new lending, partly because of regulatory actions.

A nascent corner of the market for Fannie Mae and Freddie Mac bonds is on a roller coaster ride despite what Morgan Stanley calls the "pristine performance" of the mortgages linked to the debt.

Conforming mortgage rates remained steady despite many indications that the Federal Reserve is considering bumping up short-term interest rates, according Freddie Mac.

Bank repossessions of distressed homes hit a 30-month high in July, as financial institutions continue to work through the backlog of bubble-era loans.

Purchases of previously owned homes unexpectedly rose in July to the highest level since February 2007, consistent with further strength in the housing market.

Consumer credit default rates remained stable during the month of July, according to credit bureau Experian.

Sabal Financial Group has put a $541 million portfolio of real estate loans up for sale.

Mortgage Contracting Services will close the Utah office of its MCS Valuations subsidiary and consolidate its operations into three offices nationwide.

Home sales in July rose 11.3% from a year earlier, as lenders appear to be loosening access to credit, according to Re/Max.

CoreLogic has launched a new intelligence tool aimed at improving marketing segmentation and risk detection.

The share of refinancing activity as part of the origination market fell in July, according to the Ellie Mae Origination Insight Report.

Mortgage application volume grew 3.6% on a seasonally adjusted basis compared with the week prior, according to the Mortgage Bankers Association.

Home sales in California continued to rise in July, even as home prices remain elevated, according to a new report.

The California Housing Finance Agency has forged partnerships with two federal agencies to provide lower interest rates to multifamily developers as a way to encourage more affordable housing.