According to Freddie Mac's recently released monthly volume summary, the mortgage giant's total loan portfolio grew last month at an annualized rate of 2.5 percent, the highest growth rate since March 2013. As of the end of October, the portfolio's value ...

The median price of distressed residential properties, which are those that are either in the foreclosure process or owned by a bank, jumped up by 18 percent year-over-year in October, according to RealtyTrac's October 2014 Residential and Foreclosure Sales Report released on today. ...

As part of a continuing effort to wind down the government's Troubled Asset Relief Program to bail out banks devastated by the financial crisis of six years ago, the U.S. Department of Treasury recently auctioned off preferred stocks for three institutions, gaining $35.6 million ...

The nationwide mortgage delinquency rate in October fell to its lowest level in seven years, according to Black Knight Financial Services' First Look at October 2014 Mortgage Data released on Friday. October's delinquency rate, or the rate of loans that are ...

The Consumer Financial Protection Bureau proposed an additional set of measures designed to expand foreclosure protections for mortgage borrowers. In an announcement Thursday afternoon, CFPB detailed the latest additions to its mortgage servicing rules, which first went into effect earlier this year. Since ...

Home flipping sales declined nationwide both quarter-over-quarter and year-over-year in the third quarter, hitting their lowest level since the second quarter of 2009, according to RealtyTrac's Q3 2014 U.S. Home Flipping Report released today. The number of home flipping sales, or those in ...

Senator Elizabeth Warren and Congressman Elijah Cummings sent letters on Tuesday to 16 financial institutions requesting detailed information regarding data breaches and seeking information about briefings from corporate IT officials, according to an announcement on Warren's web site. The letters were prompted by multiple press reports, ...

In its annual report to Congress, the U.S. Department of Housing and Urban Development announced on Monday that the Federal Housing Administration's Mutual Mortgage Insurance Fund has grown by $21 billion in the last two years and now has an ...

Wells Fargo and Ocwen Financial have mutually agreed to cancel the sale of billions of dollars residential mortgage servicing rights after New York's top financial regulator put the deal on hold. San Francisco-based bank Wells Fargo, the nation's top mortgage ...

The number of foreclosure filings, which include default notices, scheduled auctions, and bank repossessions, increased by 15 percent from September to October, the largest month-over-month jump since the peak of foreclosure activity in March 2010, according to RealtyTrac's October 2014 U.S. Foreclosure ...