Mortgage

This is yet another of the increasingly common tales of a homeowner whose mortgage is sold and the new servicer ignores pleas to not foreclose based on ridiculous and easy to spot errors in the homeowner's record.

Loan forgiveness is a very controversial measure, but one that Fannie Mae and Freddie Mac urge their conservator, the Federal Housing Finance Agency to consider as it could keep homeowners in their homes and save the mortgage giants billions of taxpayer dollars. The FHFA's study shows the opposite is true.

Creative pilot program allows homeowners with high balances that are at risk of foreclosure to stay in their homes and become renters for up to three years.

The foreclosure log jam is loosening in some parts of the nation, depending on the foreclosure process in each state. Judicial states are seeing longer foreclosure processing times while non-judicial states are shrinking delays.

Foreclosure data reveals improving numbers which CoreLogic calls potential early signs of revitalization in the mortgage market, while some states remain plagued by troubled borrowers.

Home purchase applications rose this week while refinance applications fell, following positive job market numbers. The ratio of purchase to refinance is shifting, while interest rates remain very low.

Judicial review of foreclosures As a nation, we are focused on protecting homeowners from illegal or wrongful foreclosures and lawmakers have struggled with finding ways...

Much needed transparency Debuting at MBA's National Mortgage Servicing Conference & Expo, CoreLogic announced today a new default servicing platform that the company says will...