Foreclosures tick up in Q3, signaling borrower stress
Roughly 100,000 properties in the United States had a foreclosure filed in the third quarter this year, an increase on a quarterly and yearly basis, ATTOM said.
Servicing
Pennymac and Annaly forge new mortgage servicing alliance
The partnership centers on a master purchase agreement for a portfolio of mortgage servicing rights that the real estate investment trust is buying.
Servicers get extension for FHA updates at tough time
The FHA extended the mandatory implementation date for technical updates but things are still changing on Oct. 1, when the government could shut down.
New dangers in looming shutdown: How lenders can prepare
A potential government shutdown could create unprecedented risks for housing, delaying data releases, and affecting markets more than past shutdowns.
Foreclosure sales inch up, consumer credit issues spread
The latest reports from ICE Mortgage Technology and VantageScore appear to be in line with hints at growing borrower pressure officials are eyeing in policy.
Fed cuts but only some mortgage rates are moving lower
Most lenders said they had already priced in the widely-anticipated decision to cut short-term rates for 30-year home loans but other products will benefit.
Foreclosure starts jump 17% as borrower strain mounts
Properties with default notices, scheduled auctions and REOs are up by double digits compared to last summer as buyers are mired in a high-cost environment.
Rate-and-term refi activity hits 2025 high mark
Falling interest rates led to a rush in refinancing, but slowing purchase activity brought a decline in overall lock volumes, according to Optimal Blue.
Mortgage delinquencies ease to start second half of 2025
While the overall delinquency rate improved this summer, FHA-backed mortgage borrowers continued to exhibit concerning levels of payment stress in July.
Fannie, Freddie’s stress test losses ease from 2024
The tests modeled how Fannie Mae and Freddie Mac would fare after absorbing losses like a total $36.1 billion provision in credit losses in a severe downturn.
Senators propose natural-disaster mortgage relief bill
The Senate bill would make forbearance available to homeowners directly impacted by extreme-weather events, including 2025 California wildfire victims.
Private flood insurance growing as federal coverage recedes
Numbers on use and performance point to potential for nonpublic insurers to take on a greater role but also suggest there are limits to it, Fitch Ratings found.
New ruling answers legacy mortgage bond servicing question
The case pitted high-profile senior-tranche investors like PIMCO against junior bondholders the interpretation of contracts that predated later policy changes.
Rithm Capital inks $1.5B deal for investor loans
A "large institutional investor" will provide funding to assist Rithm in acquiring as much as $1.5 billion worth of residential transition loans.
Foreclosures exceed last year’s pace by 6%
While foreclosure numbers in the first six months of this year were up compared to 2024, starts eased as the spring progressed, according to Attom.
Mortgage strain pushes foreclosure inquiries up
Calls for foreclosure prevention advice jumped upward by almost 30% from a year ago and helped fuel overall consumer distress levels to a five-year high.
Capital One confirms Discover home equity shutdown
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
Researchers find ‘surprise’ in new mortgage delinquency data
While consumer distress in auto and personal loans also picked up, the pace of growth among mortgages was atypical, Vantagescore's monthly credit gauge said.
Nonbank servicing standards apply to 99% of market: CSBS
Nonbank mortgage companies are regulated on the state level, but multistate examinations allow for virtual nationwide and industry-wide coverage.
Homeownership stalls after a decade of gains
The gap between costs and wages hit an inflection point and policy may determine what happens next, according to the Harvard Joint Center for Housing Studies.
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