N.Y. State Assembly Passes Foreclosure Fraud Prevention Act
June 25, 2012 The New York State Assembly passed a bill that protects homeowners from fraudulent business practices like robo-signing from...

Trouble Ahead: Foreclosure Starts on the Rise Again
June 14, 2012 Foreclosure filings in May exceeded the 200,000 mark for the first time in three months as more servicers moved to take...

Commercial Delinquencies Falling, Except for CMBS
June 5, 2012 Commercial and multifamily mortgage delinquency rates fell in the first quarter of 2012 for most of the top investor groups...

Foreclosure Homes Are 26% of All Residential Sales
May 31, 2012 More than a quarter of all national residential sales in the first quarter were either a short sale or bank-owned property,...

Majority of Completed Foreclosures Comes from Five States
May 30, 2012 In April 2012, 66,000 foreclosures took place across the country, which is down from 78,000 a year ago.

LPS: Mortgage Delinquencies on the Rise Again
May 22, 2012 For the first time in nine months, fewer homeowners are making their monthly mortgage payments on time.

Push Continues for Single MBS from Fannie, Freddie
May 21, 2012 To address investor preference for Fannie Mae mortgage-backed securities over Freddie Mac bonds, the GSEs' regulator could...

DocX Indicted for Allegedly Forging Mortgage Documents
February 7, 2012 DocX and its founder Lorraine Brown have been indicted by a grand jury in Boone County, Mo., for alleged forgery of mortgage...

LPS Files Motion to Dismiss Nevada AG Fraud Charges
January 31, 2012 Lender Processing Services has filed a motion to dismiss charges made by Nevada Attorney General Catherine Cortez Masto...

Magyar Bank Sells $6.3M in REO
January 23, 2012 Magyar Bank in New Brunswick, N.J., the principal subsidiary of Magyar Bancorp, disposed of $6.3 million in real estate owned...