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Last year saw a 646 percent increase in foreclosures against seniors with federally-insured reverse mortgages as compared to the previous seven years, according to Department of Housing and Urban Development (HUD) data received by a Freedom of Information

FHFA Releases April Foreclosure Data

Fannie Mae and Freddie Mac completed 16,521 foreclosure prevention actions in April, according to...Read more
Nearly 5.5 million residential properties were seriously underwater during the first quarter

1.2M Fewer Underwater Homes From One Year Ago

Nearly 5.5 million residential properties were seriously underwater during the first quarter, up...Read more
There were 30,000 permanent loan modifications completed in February

HOPE NOW: 30K Loan Mods in February

There were 30,000 permanent loan modifications completed in February, up from 29,000 in January,...Read more
Fannie Mae and Freddie Mac completed 14,558 foreclosure prevention actions in January, according to new data released by the Federal Housing Finance Agency (FHFA)

FHFA Releases New GSE Foreclosure Data

Fannie Mae and Freddie Mac completed 14,558 foreclosure prevention actions in January, according to...Read more
Foreclosure filings were reported on 234,508 U.S. properties in the first quarter of 2017

Foreclosure Filings at Pre-Recession Levels

Foreclosure filings were reported on 234,508 U.S. properties in the first quarter of 2017, down 11...Read more
A 35,000-seat Ohio stadium that once hosted concerts by music legends is now the subject of a foreclosure

Ohio Stadium Faces Foreclosure

A 35,000-seat Ohio stadium that once hosted concerts by music legends is now the subject of a...Read more
A bankruptcy judge issued a $45 million fine and uncommonly harsh language against Bank of America Corp. in a case where a California couple went to court to save their home from foreclosure

Judge Condemns “Heartless” Bank of America in Foreclosure Case

A bankruptcy judge issued a $45 million fine and uncommonly harsh language against Bank of America...Read more
The Federal Housing Finance Agency (FHFA) has reported that 13,220 borrowers refinanced their mortgages through the Home Affordable Refinance Program (HARP) during the fourth quarter of 2016

FHFA Releases Q4 Refinance Data

The Federal Housing Finance Agency (FHFA) has reported that 13,220 borrowers refinanced their...Read more
Homeowners with mortgages on their residences saw their equity increase by 5.6 percent year-over-year during the first quarter, according to data from CoreLogic

Number of Seriously Underwater Homes Hits New Low

What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4...Read more

Foreclosure Rates Continue to Decline

The total U.S. loan delinquency rate for December was 4.42 percent, down 0.91 percent from November...Read more

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