REO

A new report from Fitch Ratings found the percentage of loan principal a lender recorded as a loss after foreclosure was similar for agency and nonagency loans.

The housing industry experienced another positive sign on Tuesday as CoreLogic reported that completed foreclosures declined 14% in December from the previous year.

Mortgage fraud risk declined in the third quarter even as property valuation fraud risk increased, according to Interthinx.

When the financial crisis obliterated South Florida's housing market, the number of foreclosures in Miami skyrocketed.

Protests by community groups and now a public hearing threaten to delay the completion of CIT's acquisition of OneWest Bank. The deal will probably get approved, and it might not get delayed too long, but all those "probablys" and "mights" are what make the proponents of more big M&A queasy.

Once defined by the size of its foreclosure offerings, the Myrtle Beach, S.C., area real estate market now outperforms both state and national real estate markets in the current rate of foreclosures and the percentage point drop in foreclosures over the past year.

The expiration of the federal Protecting Tenants at Foreclosure Act leaves servicers dealing with a patchwork of state laws and investor rules, while renters living in REO properties are at a greater risk of eviction.

Bank of America plans to lay off 202 employees in a loan servicing unit in Norfolk, Va., by March 29 because of the continuing decline in the number of delinquent mortgages.

The sale of real estate owned properties generated greater returns than short sales in December, according to Black Knight Financial Services.

While Rhode Island's real estate market made gains in 2014, the aftereffects of the foreclosure crisis continue to hold the housing market back from a more robust recovery.

The number of foreclosure cases initiated against Hawaii property owners fell last year for the first time in four years.

Residential real estate in the Philadelphia region saw falling prices and modestly rising sales in 2014's fourth quarter.

Four years into a $1 billion foreclosure prevention plan, Florida is not getting enough money into the hands of struggling homeowners and has enrolled fewer than 100 people into one of its five programs.

More than 300,000 South Floridians who lost their homes during the housing bust could be eligible to own again over the next eight years.

Homeowners associations seeking unpaid dues are seizing on a court decision allowing them to foreclose on properties ahead of banks, and the FHFA is litigating to defend Fannie and Freddie mortgages. Private lenders, meanwhile, are trying to keep the problem from spreading to more states.

Mobile boards hung with candy-colored pages announcing the day's foreclosure hearings still stand sentry on the fourth floor of the Palm Beach County, Fla., courthouse — makeshift organizers erected during the unbridled early days of the housing crisis.

Progress Residential priced its second securitization of single-family rental properties.

Although foreclosures had peaked in 2010 in many states and metropolitan areas, statistics show a different story for Maryland.

The national mortgage delinquency rate dropped in December after a significant uptick the previous month, according to Black Knight Financial Services.

More South Florida homeowners became "equity rich" by the end of 2014, giving them options they haven't enjoyed since the housing boom.