REO

The Department of Housing and Urban Development has rejected a nonprofit housing group's allegations of racial discrimination against U.S. Bank. HUD found that the bank properly maintain foreclosed homes in predominantly black and Hispanic neighborhoods and in some cases spent more rehabilitating the homes than in white areas.

Auction.com has rebranded at the corporate level to Ten-X, as the company begins to grow other segments beyond its auction-based platform.

Amherst Holdings plans to market $400 million worth of bonds backed by single-family rental homes, according to Trepp.

In a mostly light-hearted interview on "The Late Show with Stephen Colbert," HUD Secretary Julian Castro defended the agency against Republican calls for its shutdown.

The nonperforming loan situation continued to improve in November, as the national inventory of foreclosed homes dropped to pre-recession levels, according to CoreLogic.

East West Bancorp paid $118.4 million to terminate single-family and commercial shared-loss agreements with the Federal Deposit Insurance Corp., tied to a failed bank acquisition.

American Homes 4 Rent, the largest publicly traded U.S. single-family home landlord, agreed to acquire a smaller competitor, American Residential Properties, in a deal valued at $1.5 billion, including debt.

The delinquency rate for commercial and multifamily mortgages improved for most categories of investors in the third quarter, according to the Mortgage Bankers Association.

HomeUnion has formed a mortgage-brokerage division that will focus on investors in single-family rental homes.

Center Street Lending in Irvine, Calif., has expanded into new lending products to help investors in the rental real estate market.

Funds associated with David Tepper sued to block CWCapital Asset Management LLC from recovering more than $500 million in interest from the mortgage on Manhattan's largest apartment complex.

October featured the highest monthly percent increase in foreclosure starts since August 2011, according to RealtyTrac's U.S. Home Sales Report released Thursday.

Invitation Homes chose to exercise an option to extend the term of a loan backing the first single-family rental securitization.

The housing recovery is still pushing through full-steam, according to CoreLogic's latest National Foreclosure Report.

Profits on home sales reached their highest point in eight years in the third quarter despite a slowing-down of appreciation rates, according to RealtyTrac's U.S. Home Sales Report.

BlueVirgo Capital Management is marketing $106 million of bonds backed by tax-lien certificates on property in New Jersey and Florida, according to Kroll Bond Rating Agency.

A Georgia real estate investor pleaded guilty this week to property bid rigging and mail fraud, according to the Federal Bureau of Investigation's Atlanta division.

California’s Richmond Community Foundation will pursue a new social impact bond vehicle with a $3 million revenue bond private placement it hopes to close next month with the local Mechanics Bank.

Radian Group's private mortgage insurance subsidiary pulled back from certain pricing discounts that have driven competition in recent months in that business.

Sales of foreclosed properties in August fell to their lowest level in about eight years, according to Hope Now.