Approximately half a million homeowners who received a mortgage loan modification in 2010 through the government's Home Affordable Modification Program, commonly known as HAMP, are due to reset in 2015 – and those homeowners will be facing slowly increasing monthly mortgage payments. Will these homeowners be able to handle the payment increases, or will there be a massive wave of re-defaults?

Government-sponsored enterprise Freddie Mac has announced that it will begin its second sale of “deeply delinquent” mortgage loans in three pools worth approximately $410 million. Delinquent loans left over from a wave of foreclosures following the housing bust have dogged Freddie Mac and its sister GSE, Fannie Mae. The conservator for both GSEs,

A Florida man has been sentenced to 21 months in federal prison for a fraud scheme perpetrated against businesses and individuals seeking lines of credit, according to an announcement on Friday from Christy Romero, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP).

Just as it did in November, Mississippi led all states with the highest percentage of non-current mortgages and serious delinquent mortgages in December, according to data released recently as part of Black Knight Financial Services' December 2014 “First Look” at mortgage data released Friday.

Trends involving volume and investing in smaller valuation companies to ensure quality valuations will impact the home finance industry in 2015, according to an email from Summit Valuations President Ron Ahlensdorf, Jr., to his firm's staff and clients.

Just one month after experiencing the largest monthly increase in six years, the nation's mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services' December 2014 "First Look" at Mortgage Data released Friday. The mortgage delinquency rate, or the number of mortgage loans that are 30 days or more past due but not in foreclosure, dropped down to 5.6 percent for December – a decline of 7.2 percent from November and 12.7 percent from December 2013.

A U.S. District judge on Wednesday denied the U.S. Department of Treasury's motion to strike Pershing Square Capital Management's voluntary dismissal of a lawsuit it filed in August over misappropriation of government funds.

Now that the U.S. Supreme Court has heard arguments both for and against the controversial "disparate impact" rule in housing, stakeholders on both sides are awaiting the Court's decision as to whether or not disparate impact claims can be made under the Fair Housing Act.

Default rates are on the rise month-over-month for both first and second mortgages nationwide, according to the S&P Dow Jones Indices and S&P/Experian Consumer Credit Default Indices for December 2014 released Wednesday. According to the data, the first mortgage default rate experienced its biggest monthly increase since September 2013, rising by five basis points from 0.97 percent in November up to 1.02 percent for December.

Aside from a brief reference to his announcement two weeks ago that the Federal Housing Agency (FHA) would be lowering its mortgage insurance premiums, President Barack Obama did not mention housing policy Tuesday night during his hour-long State of the Union Address.