Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems
During the week ending June 28, the total number of mortgage loans in forbearance dropped to 8.39 percent of servicers' portfolio volume from 8.47% the week prior
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Black Knight: Homeowners with negative equity more likely to default
Report: Servicers should be required to consider alternatives
Real Estate Tax Talk
REO inventories down 36 percent from 2010 peak
Settlement provides help to 137,846 borrowers in 4 months
Robo-signing settlement requires similar efforts by other servicers
Billions set aside for homeowner relief haven't been spent
Buyers remain worried about financing, further price declines
LPS: Fewer homes entering process, but pipeline is clogged
Foreclosure starts trend up in May, June
Provision relating to misrepresentations still in effect