With Fannie Mae's announcement on Thursday that it is going to begin selling pools of non-performing single-family mortgage loans, it is clear that the GSEs are making a strong push to rid themselves of the backlog of deeply delinquent loans on their books five years after the peak of the foreclosure wave.

Distressed sales (short sales and REO property transactions) accounted for just 12.7 percent of residential real estate transactions nationwide in 2014, the lowest share since 2007, according to Black Knight's February 2015 Mortgage Monitor released today.

The total number of bankruptcy filings year-to-date for the first three months of 2015 is 205,703, compared to 231,839 for the first three months of 2014. The average number of filings per month for the first three months of 2015 is 68,258, down from 2014's monthly average of 75,840. The state with the most cumulative filings year-to-date is California with 20,984, followed by Illinois at 15,031. Florida was a close third at 14,361.

After months of solid gains with the administration touting that the labor market is at its healthiest level since the turn of the century, payroll employment increases for March fell well short of expectations with just 126,000 jobs added, according to data released the Bureau of Labor Statistics on Friday.

Now, in a report to be released today titled "Analysis and Study of CFPB Consumer Complaint Data Related to Mortgage Servicing Activities,” Black Knight Financial Services (BKFS) and the Five Star Institute (FSI) seek to provide context and insight to complaints received by the CFPB by comparing the CFPB's two predominant mortgage complaint categories, servicing and default, with loan trends.

In its first-ever analysis of the U.S. housing market released Thursday, Nationwide Economics indicated that the national market was at its healthiest level in 14 years.

Fannie Mae announced on Thursday that it will begin offering up for sale pools of non-performing single-family mortgage loans to interested buyers in an effort to clear out deeply delinquent loans from its portfolio.

Isaac and Kerrey contend that the FHFA's conservatorship of Fannie Mae and Freddie Mac was not intended to be a long-term solution to the problem, yet the enterprises are in a "state of limbo" because no end is in sight to the conservatorship.

New Jersey-based RedVision, an independent, nationwide provider of real property title data, search examination, and curative-ready solutions, has appointed Jeffrey Geisinger to serve as national strategic sales director.

On the Obama Administration's recent policy changes intended to give more prospective homebuyers access to credit, Rood acknowledged that the administration wants to responsibly expand the credit box and make homebuying more affordable by lowering the interest rate – but at the same time, he said lenders are compelled by capitalism rather than patriotism to use government programs.