REO

Three states — Florida, New York and New Jersey — held almost 30% of all seriously delinquent and active foreclosure homes nationwide in April, according to Black Knight Financial Services.

Eight years after the bottom fell out of the housing market, investment giants including BlackRock are facing off against small hedge funds over the detritus of the subprime era.

Foreclosure starts fell 22% from the previous month, according to a Black Knight Financial month-end mortgage performance statistics report.

There were foreclosure filings on a reported 125,875 properties in April — 3% more from the previous month and 9% more from a year ago.

Foreclosure starts increased slightly while non-foreclosure resolutions for homeowners remained level from the same time last year, according to industry advocacy group Hope Now.

The Commercial Real Estate Financing portal allows investors to apply for financing through Auction.com with the company's preferred lenders.

Online real estate marketplace Hubzu is offering consumers looking to bid on real estate owned properties a financing contingency option.

With support from Bank of America, a nonprofit lender is trying to revitalize Detroit by offering no-down-payment mortgages at up to 150% of a home's assessed value. The idea is to provide borrowers with enough cash to buy run-down homes and fix them up, and if the program works as promised it could prove to be a template for lending in other cities — like Baltimore — that have large swaths of boarded-up homes.

There continues to be improvement in the number of distressed homes nationwide, according to a report from CoreLogic.

Real estate buyers seeking money to renovate and flip houses are getting help from some of the world's biggest investment firms.

The commercial mortgage-backed security loan delinquency rate dropped slightly in April, according to analytics and technology firm Trepp.

Real estate investors are shifting their purchases to multifamily properties as the number of available distressed single-family homes for sale has been depleted over the past two years.

A pioneer in the U.S. home-rental boom that grew out of the housing bust is becoming a takeover target.

Nationstar Mortgage Holdings swung to a significant loss as the servicing segment's income fell due to higher prepayments amidst the decline in interest rates and lower benefits.

Home prices, including distressed sales, rose year-over-year by 5.9% in March, according to CoreLogic.

March featured the largest monthly decline in the mortgage delinquency rate in nine years, according to Black Knight Financial Services.

Ocwen Financial and Assurant have reached an agreement to settle charges that the embattled mortgage servicer profited from kickbacks on force-placed insurance policies with struggling homeowners.

A new CoreLogic service aims to help servicers and mortgage investors keep tabs on properties in states that give homeowners' associations super lien status.

Tricon Capital Group, the latest entrant in the single-family rental securitization market, offers investors greater exposure to two unusual types of collateral: Section 8 homes and condominiums.

The Department of Housing and Urban Development will revise its auctions of nonperforming mortgages to address concerns that the sales aren't doing enough to help homeowners in communities hurt by foreclosures.