Amilda Dymi

Lenders and special servicers operating in Nevada may be up for an unpleasant legal surprise if the state's higher court upholds a 2012 ruling that maintains a private sale of property through receivership is basically the same as a foreclosure sale.

Fannie Mae this week reported "significant improvements" in the performance of several of its largest seller/servicers, even though only half received satisfactory reviews.

Monthly reports showing more stable loan modification performance patterns and new delinquency rates indicate the mortgage servicing market is becoming more predictable.

The RealtyTrac April 2011 Foreclosure Market Report finds the number of foreclosure filings in the month dropped 9%, compared with March, and 34% from April 2010, mostly due to delays in foreclosure processing.

The number of foreclosure filings in April dropped 9% compared to March and 34% from April 2010, largely due to delays in foreclosure processing, according to RealtyTrac.

An MBA study shows that inconsistent proof of the effect of homebuyer counseling indicates the industry remains clueless about what works and what does not work.

Commercial and multifamily mortgage origination volumes increased to $118.8 billion in 2010, up 44% compared to 2009, according to the Mortgage Bankers Association.

Here's an outside-the-box idea for managers of vacant, foreclosed properties: rent them to tourists.

CoreLogic and Blueberry Systems have formed a partnership to offer fraud prevention technology to lenders and servicers.