News
Moving vacant properties through the foreclosure process can be difficult in New Jersey, but advocates of a bill that would expedite the move of abandoned homes into foreclosure are more confident after the legislation's recent passage in the state Senate.
New Jersey...
Bondholders in New York's infamous Stuyvesant Town-Peter Cooper Village are about to land in the middle of a debate between the community's tenants and its special servicer, CWCapital Asset Management.
The controversy is likely to serve as an example of a...
Online real estate marketplace Trulia just posted the final 2012 election edition of the Housing Misery index, combining price declines, delinquency, and...
Online real estate marketplace Trulia just posted the final 2012 election edition of the Housing Misery index, combining price declines, delinquency, and...
Online real estate marketplace Trulia just posted the final 2012 election edition of the Housing Misery index, combining price declines, delinquency, and...
Online real estate marketplace Trulia just posted the final 2012 election edition of the Housing Misery index, combining price declines, delinquency, and...
Citigroup ($50.52 -0.01%) announced Vikram Pandit is stepping down as CEO and board member, effective immediately.
The board has elected...
Specialty finance company Shellpoint Partners, filed a shelf registration with the Securities & Exchange Commission to allow for the issuance of nonagency residential mortgage-backed securities.
The company, also known as Shelly Mac, will originate...
San Diego-based DataQuick announced that an estimated 34,453 new and resale homes and condos sold statewide last month, which was down 16.5% from 41,280 in August, and down 2.7% from 35,404 sales in September of 2011.
It is normal for there to be a drop in home...
Redwood Trust's latest residential mortgage-backed securities deal — the fifth this year — shows the firm leaning heavily on the securitization of 30-year, fixed-rate, first lien-mortgages, according to a pre-sale report from Kroll Bond Ratings.
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A consortium of homeowners filed suit against Bank of America ($13.24 0.03%), Barclays, JPMorgan...
Citigroup ($50.52 -0.01%) offloaded $750 million in delinquent loans in the third quarter alone, as part of a larger effort to reduce exposures...
Citigroup ($50.52 -0.01%) offloaded $750 million in delinquent loans in the third quarter alone, as part of a larger effort to reduce exposures...
The American Civil Liberties Union filed a class-action lawsuit on behalf of Detroit area homeowners alleging that investment bank Morgan Stanley ($24.35...
Most key housing markets are in recovery mode, but industrialized areas plagued with falling employment numbers continue to deal with distressed assets, Realtor.com, the website run by Move Inc., said in a new September survey of U.S. housing markets.
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