Daily Dose

The housing markets in some eastern states are turning around, largely due to a declining number of REO properties, according to one analysis.

The Federal Reserve Bank of St. Louis stated that the final remnants of the recession’s “historically elevated rates of extreme mortgage distress and defaults” are largely in the rear view mirror.

HUD Secretary-Designate Dr. Ben Carson calmly answered questions for nearly three hours before the Senate Banking Committee in his confirmation hearing on Thursday, saying that he wanted to run HUD in order to "heal America's divisiveness."

The U.S. Supreme Court rejected a petition by several banks hoping to review a May ruling that challenged the statute of limitations on when federal regulators could sue financial institutions.

U.S. foreclosures in 2016 hit a 10-year low, but high numbers of legacy foreclosures remain in some markets.

Six months after initially announcing its intention to go public, single-family rental platform Invitation Homes has made its plans known for the IPO.

After falling year-over-year for five consecutive Decembers, the number of bankruptcy filings bumped up from the previous year, according to the latest AACER bankruptcy data reported by Epiq Systems.

Affordability may be strong for now in the housing market, but how much longer will that last? Maybe not too much longer, according to one analysis.

A group of Democrats from the U.S. House of Representatives have written a letter to President-elect Donald Trump asking him not to remove CFPB Director Richard Cordray before his term is up in mid-2018.

Privatizing the GSEs could potentially have an adverse effect on the mortgage market in the United States, according to Kroll Bond Ratings Agency.