CoreLogic announced an enhanced version of its OnSite report.

In Colorado, foreclosure filings were on the rise year-over-year in July, while foreclosure sales were down, according to a report from the Colorado Division of Housing. Foreclosure filings, which represent the beginning of the foreclosure process, spiked up 14 percent to 1,976 in July from 1,733 a year ago the same month. Foreclosure sales, which represent the time when the foreclosure process is completed, fell 23.7 percent to 865.

Clearer monthly mortgage statements, warnigns before interest rates adjust, quick correction of errors - these are among the proposed rules for mortgage servicers from the Consumer Protection Financial Bureau. According to a commentary from Fitch Ratings, these new rules, if implemented, would set consistent standards for residential servicers, but the rules ""will also further increase compliance costs for the industry and potentially drive further consolidation within mid to smaller servicers.""

Lack of affordable, accessible housing is a significant problem for people with disabilities, according to a release from the California State Independent Living Council.

Along with second quarter decreases in the national mortgage delinquency rate came signficant improvements for hard-hit states California and Arizona, according to a TransUnion report. The national mortgage delinquency rate slipped for the second straight quarter to 5.49 percent. Arizona and California saw the greatest year-over-year declines, each falling around 21 percent from the second quarter of 2011.

An increase in loan modifications led to fewer delinquencies for commercial mortgage-backed securities (CMBS) in July, according to Fitch Ratings. The decrease in CMBS delinquencies is the second consecutive month of declines as CMBS delinquencies fell to 8.48 percent in July, a drop of 14 basis points (bps) from June's 8.62 percent. According to the ratings agency, two large loan mods helped bring down the past due rate - the $305 million Schron Industrial Portfolio and the $210 million Savoy Park.

Following efforts led by Sen. Carl Levin (D-Michigan) to have Goldman Sachs investigated, the Securities and Exchange Commission (SEC) and the Justice Department have decided not to take further actions against the investment bank.

The Federal Deposit Insurance Corp.(FDIC) is going after a list of financial institutions over mortgage securities sold to the now defunct Colonial Bank. According to the complaint, the defendants - which include JPMorgan Chase, CitiMortgage, and Wells Fargo - made untrue statements or omitted important information when selling securities to Colonial. The suit is over $388 million in securities Colonial purchased from the defendants.

Three industry organizations are coming together to host a legislative event in Washington D.C.

The former president of FirstCity Bank of Georgia, Mark A. Conner, was sentenced to 12 years in federal prison for bank fraud conspiracy and perjury, SIGTARP and U.S. Attorney for the Northern District of Georgia Sally Quillian Yates jointly announced Friday in a release. Conner, 46, was charged for his role in a multi-million dollar conspiracy to defraud FirstCity Bank and for hiding and lying about assets in his personal bankruptcy case.