Real estate and construction loans are one of the main categories of big loans that are in trouble, according to federal banking regulators.

While national sales figures for previously-owned homes dropped 2.7 percent from July to August, the numbers for the Golden State ̢ typically considered a barometer for other housing markets ̢ receded even further.

The American Securitization Forum (ASF) has launched a new standardized universal code that identifies critical information about mortgages and other loans securitized for the secondary market.

Fiserv, Inc., a global provider of financial services technology solutions headquartered in Brookfield, Wisconsin, announced Monday that it has signed a definitive agreement to sell its Loan Fulfillment Solutions (LFS) business to ISGN Solutions Inc.

Freddie Mac has launched an aggressive, proactive campaign to help troubled borrowers modify their home loans under the federal government&'s mortgage relief program.

eMortgage Logic (EML), a nationwide property valuation company headquartered in Fort Worth, Texas, has announced the addition of two new staff members - Chris Perzel and George Heredia.

While some industry players argue that foreclosure suspensions instituted by lenders could ultimately flood the market with REOs and hamper the now-steady gains in home prices, Wisconsin&'s largest bank continues to employ the strategy to keep its customers in their homes.

The government-backed mortgage financier Fannie Mae is tightening its lending standards.

Atlanta's Georgian Bank, the state's fifth largest lender, was shut down by regulators Friday.

GMAC Financial Services has issued a corporate statement congratulating Dana Dillard, the recipient of the 2009 Five Star Humanitarian Award.