REO

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.

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.

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.

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.

Tricon American Homes is prepping its second securitization of single-family rental homes, according to ratings agency reports.

Late payments on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.

American Homes 4 Rent has repaid the $342 million loan that serves as collateral for its first securitization of single-family rental properties.

The foreclosure inventory rate in July reached the lowest level recorded for any month since August 2007, according to CoreLogic.

Altisource's default software subsidiary Equator has launched a new suite of tools for real estate agents to provide insight into the market of bank-owned properties.