Just 136,000, or 3 percent of those eligible, have applied for a review of possibly botched foreclosures by mailing in forms requesting an audit, according to the Office of the Comptroller of the Currency, the primary ...

U.S. housing officials said 425,000 families have applied for refinancing under the government’s enhanced Home Affordable Refinance Program (HARP), which is being refocused to help more ‘underwater’ homeowners ...

The U.S. housing chief said there is a “compelling” case for the regulator over Fannie Mae and Freddie Mac to allow principal write-downs for “underwater” homeowners on mortgages they own. Mortgage write-downs ...

A federal judge’s approval this week of the $25 billion mortgage settlement between the top banks and government officials has given the green light for Joseph Smith to officially begin the work of getting foreclosure ...

With new guidelines, the Federal Reserve has paved the way for banks to convert foreclosed residential properties into rentals “in light of the extraordinary market conditions.” The Fed also said that Banks ...

A federal judge has imposed a $3.89 million judgment against Samuel Paul Bain, “U.S. Homeowners Relief” and two of his other companies for their role in an allegedly fraudulent mortgage modification and foreclosure ...

The average borrower facing foreclosure didn’t see eviction for 253 days in February 2008. Four years later, that potentially “rent-free” period for those who stay in their homes is up to 667 days, according ...

JPMorgan Chase CEO Jaime Dimon conceded that the banking giant “made too many mistakes” in underwriting and servicing subprime mortgages in the buildup to the financial crisis. In his annual letter to investors ...

Morgan Stanley will review foreclosures by its former Saxon Mortgage Services subsidiary and reimburse homeowners who “suffered financial injury” from wrongful actions or other deficiencies, according to a settlement ...

Foreclosure starts and sales in February declined on a month-over-month basis after January’s sharp increase in activity, according to Lender Processing Services. Analysts says the figures could reflect a stalled ...