REO

While the overall foreclosure rate fell, the share of zombie properties grew in the first quarter of 2020, according to Attom Data Solutions.

The Department of Housing and Urban Development asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them soon.

Foreclosure auction sales rates plummeted a year before home prices began dropping in 2006, and that was a red flag something was amiss.

A strong economy and a bustling housing market helped push Colorado Springs-area foreclosures to a 22-year low in 2019.

Foreclosure activity during 2019 fell 21% from the previous year, but a few indicators show a change in direction could be possible, according to Attom Data Solutions.

A former Fannie Mae employee is facing more than six years in federal prison for participating in a scam involving discount sales of properties owned by the government-sponsored enterprise.

Every month, the Madison County Sheriff's Department conducts a sale of properties where banks and lending institutions have regained possession.

Wells Fargo, which contested the prior sale of a Manhattan, Kan., home for only $1 in a foreclosure auction, was the winning bidder at a new sheriff sale for the property.

In another sign of the hot real estate market in the Colorado Springs area, the number of mortgage foreclosures filed in El Paso County last month fell to a near-20-year low.

Nationstar’s next securitization of defaulted or inactive home equity conversion mortgages will have a higher-than-average exposure to properties with steep leverage, as well as ties to judicial foreclosure states.

While foreclosures and distressed mortgages continue to descend overall, trends are moving in the opposite direction in a handful of states, according to Attom Data Solutions.

Altisource Portfolio Solutions is adding its online "for sale by owner" real estate platform to the list of noncore businesses it is shutting.

While there was a slight rise in foreclosure filings in August over July, there was a decline when compared with the previous year for the 14th consecutive month, according to Attom Data Solutions.

Properties sold directly to investors in a foreclosure sale were more likely to be occupied by an owner one year later, compared with those that reverted to the lender, an Auction.com study found.

The Hamilton, Ohio City Council soon will consider whether to require owners to register their vacant industrial or commercial buildings.

New York State regulators entered into a settlement with a hedge fund in a case of alleged unlicensed and predatory mortgage lending activity by Vision Property Management.

Foreclosure activity fell 21% in July compared to a year ago and rose 6% from June after twelve consecutive months of declines, according to Attom Data Solutions.

After trusting a local developer, some living at The Legends subdivision in Old Orchard Beach, Maine, watched in horror as the homes they occupied for years — but hadn't yet closed on — were sold at auction. And that was just the latest shocking twist.

Freddie Mac is automating a manual form submission process used to correct post-settlement and real estate owned data, and adding policy changes aimed at accommodating electronic signatures on loss mitigation documents.

Better.com has added new capital to support its growth and, in a separate deal, New Residential has agreed to use some its funds to buy property management firm DGG RE Investments.