San Francisco-based non-profit California Reinvestment Coalition (CRC) filed a lawsuit in federal court against HUD, claiming that the Department improperly denied a fee waiver for a Freedom of Information Act (FOIA) request, according to an announcement from CRC.

The summit will include labs covering such topics as acquisition, securities, financing, insurance and law, disposition strategies for the SFR market, and rehab. It will also feature an exhibit hall, a general assembly on property management, a dialogue on how to gain scale and the challenges it presents, and several networking events.

Another $186 million in compensation will be awarded to 1,461 service members and their co-borrowers over the unlawful foreclosure of their homes as part of the Department of Justice's settlement with five of the nation's largest mortgage servicers, according to ...

Foreclosure starts and foreclosure completions were also down over the year, according to the OCC. Servicers initiated 70,728 foreclosures during Q2, which was down from 11.3 percent in the same quarter in 2014. Completed foreclosures during Q2 totaled 37,725, which was a drop of 23.4 percent from a year earlier

Amid all the good news for housing lately, foreclosure starts were up by 7 percent in August—driven by a rise in the amount of repeat foreclosures, according to the August 2015 Mortgage Monitor released by Black Knight Financial Services on ...

The latest round of funding will go to support the Homeowner Protection Program (HOPP), which is a statewide network of nearly 90 housing counseling and legal services agencies that provide free, high quality assistance to help struggling homeowners avoid foreclosure and stay in their homes.

Bankruptcy filings nationwide totaled 62,358 for the month of September, the second-lowest total for any month this year, according to September 2015 AACER bankruptcy data reported by Epiq Systems.

While the national unemployment rate held steady at 5.1 percent from August (the U6 rate, the broadest measure of unemployment, fell 3 basis points to 10 percent), September saw a gain of just 142,000 jobs, bringing the average monthly total for the first nine months of 2015 down to 198,000, according to the September 2015 Employment Summary released by the Bureau of Labor Statistics (BLS) on Friday. By comparison, average monthly job gains for the first nine months of 2014 totaled 260,000.

The labor market has improved as the economy has rebounded, and people are moving from the center of the country to the coasts to places that have experienced robust job growth like New York, Florida, and Los Angeles—but they want to be able to move around without being tied down to a mortgage.

The fact that there is no transition period between using the HUD-1 and the new Closing Disclosure Form might be problematic, according to Bankrate.com senior mortgage analyst Holden Lewis.