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The mortgage industry made fewer loan modifications in January, while deeds-in-lieu and foreclosure sales spiked, according to Hope Now.
March 22 -
The mortgage industry provided about 420,000 loan modifications last year to homeowners struggling to make payments, according to Hope Now.
March 4 -
Oversight of the four largest mortgage servicers' compliance with the national mortgage settlement is officially over, the watchdog overseeing the process said Thursday.
March 3 -
The number of properties in foreclosure nationwide declined in January, according to RealtyTrac.
February 19 -
A New Jersey man has been sentenced to six years in prison for running a scam that victimized distressed homeowners and private investors.
January 25 -
President Obama is expected to sign a bill passed by both the House and Senate that grants extensions on a number of tax benefits enjoyed by individuals and corporations, including a number of temporary provisions that the real estate industry sought.
December 18 -
Sales of foreclosed properties in August fell to their lowest level in about eight years, according to Hope Now.
October 23 -
Fannie Mae and Freddie Mac have put billions of dollars' worth of distressed mortgage assets up for sale this year, but small buyers acquiring carve-outs of these offerings are driving activity in this niche market.
October 6 -
From due diligence and portfolio analysis to strategies for compliance and raising capital, the rapidly-evolving market for buying and selling distressed mortgage assets has created both challenges and opportunities for investors, servicers and portfolio managers.
September 23 -
Loan modifications, short sales and other mortgage workouts outpaced the total number of foreclosure sales in July, according to the Hope Now alliance.
September 21