REO

Foreclosure activity in February fell to its lowest level in nine years even though lenders repossessed more assets, according to data from RealtyTrac.

Home prices fell in January while completed foreclosures grew month-to-month, according to figures released March 18 by mortgage technology firm FNC.

Housing markets across the West Coast once again beat out all others, according to the latest Home Value Forecast released March 18 by Pro Teck Valuation Services.

Fortress Investment Group plans to cash out its entire stake in commercial mortgage banker Walker & Dunlop.

It's not just about cutting lawns and patching holes. To convey a foreclosed property into the Department of Housing and Urban Development's ownership, servicers are on the hook for every last detail of a vacant house. Here are five key pieces of the preservation puzzle.

Foreclosure inventory nationwide continued to shrink as the number of homes lost to foreclosure declined in January, according to CoreLogic.

MGIC Investment Corp. saw its inventory of delinquent loans resume its reduction in February after growing the month prior.

Despite an increase in housing affordability, both first-time and repeat foreclosure starts reached 12-month highs in January, according to Black Knight Financial Services.

The City of New Orleans is planning its first online auction to sell 1,786 adjudicated properties.

Asset manager Distressed Capital Management bought more than $207 million in reperforming and nonperforming whole loans from the Royal Bank of Scotland in late February.

From new compliance scorecards to rethinking how to deal with consumer complaints, there's plenty to debate about the future of servicing. Here's a look at the most insightful and noteworthy discussions from this year's Mortgage Bankers Association servicing conference.

Stewart Information Services Corp. is being targeted by activist Phil Goldstein, who is urging a sale of the property-title insurer and seeking control of its board.

Fresh questions are being asked about the role of investors in the rental market and how their eventual exit may impact mortgage lending, property values and the economic recovery.

It can be difficult to have enough staff to handle an exchange of mortgage servicing rights, though companies are exploring different solutions

Working as a team with all stakeholders is the only way to successfully maintain a foreclosed property and see it through conveyance to the Department of Housing and Urban Development.

Since one out of every five households belongs to an HOA, lenders and servicers must understand the necessary rules and regulations and exercise extreme caution when processing these delinquent properties.

CIT's John Thain and OneWest's James Otting, scheduled to speak today at a public hearing on their $3.4 billion M&A deal, will face complaints from community activists that they owe the public more after receiving substantial government help during the financial crisis.

One in three struggling homeowners who received a loan modification through the Home Affordable Modification Program ultimately redefaulted on those loan.Meanwhile, the program that was supposed to help some 4 million families avoid foreclosure has helped only a fraction of that amount, according to a report presented to Congress.

Genesis Capital, which lends to investors in distressed single-family properties, will soon have a fresh source of leads for new business.

Walter Investment Management Corp. has emerged as the favorite of investors following a year of investigations of the top three nonbank mortgage servicers.