REO

Mortgage Contracting Services will acquire Carrington Home Solutions' property preservation division in a deal expected to close by the end of the year.

The vast majority of default servicing professionals are investing in "significant" REO property improvements to increase resale values in a hot housing market.

Karen Stratton doesn't cry often. But the Spokane, Wash., councilwoman teared up last week as she looked out on the High Drive Conservation Area from her late aunt's home on South Maple Boulevard.

The numbers tantalize leery minds: Housing prices, population growth and job creation in Southern Nevada all rebounded from the Great Recession over the past few years.

Distressed home sales in the North Port-Sarasota-Bradenton, Fla., metropolitan area during the third quarter accounted for 11% of the residential real estate market.

The Lone Star Brewery in San Antonio was supposed to be buzzing with construction workers and equipment by now — after sitting vacant for decades.

As is the case with most communities across Western New York, Lockport has its share of "zombie" properties.

Ocwen Financial Corp. will move its servicing portfolio to Black Knight's LoanSphere MSP system of record, following years of regulatory scrutiny of its existing technology provided by Altisource Portfolio Solutions.

Aside from shutting off water to Detroit residents, no public policy draws so much criticism as the annual Wayne County auction of tax-foreclosed properties.

There's a handful of zombies out there threatening to wreck your neighborhood or at least create a frightful landscaping nightmare next door.

The zombies are still haunting the Southwest Florida housing market, but they are taking a smaller bite.

Nearly 1.4 million residential properties were vacant as of the end of the third quarter, representing 1.58% of all U.S. residential properties, according to Attom Data Solutions.

Something of a Santa Cruz, Calif., institution, the Darling House bed and breakfast was sold for nearly $2.78 million cash in a foreclosure auction on the steps of the Santa Cruz County courthouse Thursday.

While foreclosure activity is a whisper of what it was at the peak of the crisis six years ago, Shasta County, Calif., had the third-highest foreclosure rate in California in the third quarter of 2017.

U.S. foreclosure activity dropped to a low not seen since 2006, according to Attom Data Solutions.

A lawyer has been convicted on federal fraud charges for scheming to provide falsified documents to prevent foreclosure on a nearly $2 million parcel of land in Aurora, Ill.

In addition to hundreds of people made homeless quickly by Hurricane Irma, a Jacksonville, Fla., family may learn this week whether they, too, lost their house during the storm.

Niagara Falls, N.Y., officials have filed what they say is among the first regional legal claims under a new state law meant to arm governments against the spread of urban blight.

The rise in foreclosure filings for August over July was more than double the historic increase between these two months, said Attom Data Solutions.

New York City is working to create a database and system for tracking vacant and abandoned properties — though officials acknowledge Staten Islanders may not see the effects of the endeavor for years.