Headlines

Just as they did in August, the same five states accounted for nearly half of all completed foreclosures in the U.S. for the previous 12-month period, according to CoreLogic's September 2014 National Foreclosure Report released last week.

President Barack Obama and Federal Reserve chair Janet Yellen are scheduled to meet one-on-one on Monday, November 3, according to a White House official.

Based on data collected for this month, Auction.com predicts existing-home sales will fall between seasonally adjusted annual averages of 4.97 and 5.38 million units, with a targeted prediction of 5.19 million. October's sales rate comes just above September's rate of 5.10 million (as predicted by Auction.com).

The number of seriously delinquent mortgage loans, which are those that are more than 90 days past due or in foreclosure, dropped nationwide by 21 percent year-over-year in September, according to CoreLogic's September 2014 National Foreclosure Report released on Wednesday.

Ocwen Financial, the nation's top non-bank mortgage servicer, announced that the company has taken a $100 million charge for a potential settlement regarding claims that Ocwen sent backdated foreclosure letters to thousands of borrowers.

Nationwide valuation and review services company Allstate Appraisal, based in Chicago Heights, Illinois, and computer-aided appraising technology pioneer Bradford Technologies, based in San Jose, California, have announced the launch of Valuation Express, a desktop appraisal product that incorporates third-party property inspections.

Foreclosure inventory and the number of completed foreclosures nationwide both saw significant year-over-year declines in September, according to CoreLogic's September 2014 National Foreclosure Report released on Wednesday.

The Federal Open Market Committee (FOMC) of the Board of Governors of the Federal Reserve System today announced that its asset purchase program, known as QE3 (quantitative easing) will end this month, citing sufficient economic growth.

Pennsylvania-based loan risk management firm LoanLogics has announced the introduction of a new signature examination tool that will make it easier to audit signatures contained in loan documents.

Freddie Mac's mortgage portfolio grew in September, marking the second month of positive growth in the year's first nine months.