OCC: Mortgage Performance Improves Slightly in Q2
The share of current and performing first-lien mortgages in the second quarter of 2019 was 96.1%, up from 95.6% a year ago, according to the Mortgage Metrics Report released today by the OCC.
Browsing: Foreclosures
Delinquent GSE Mortgages Fall
The number of homes backed by Fannie Mae and Freddie Mac that are 60 or more days past due fell from 1.03% to 1% at the end of the second quarter of 2019, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.
Delinquent GSE Mortgages Fall in Q1
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 or more days past due fell from 1.08% to 1.03% at the end of the first quarter, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.
FHFA: GSEs Have Sold More Than 117,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 117,466 nonperforming loans as of December 31, 2018, with a total unpaid balance of $22.2 billion, according to the sixth Non-Performing Loan Sales Report released today by the Federal Housing Finance Agency.
OCC Proposes Changes to OREO Regulations
The OCC is issuing a proposal to update its regulations on other real estate owned, or OREO—the first such update to the rules in two decades.
Delinquent GSE Mortgages Fall in Q4
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 or more days past due fell from 1.13 percent to 1.08 percent at the end of the fourth quarter, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.
Supreme Court: Foreclosure Firms Not Considered Debt Collectors Under FDCPA
The Supreme Court today ruled unanimously in the case of Obduskey v. McCarthy & Holthus LLP that a business engaged only in nonjudicial foreclosure proceedings is not a “debt collector” under the Fair Debt Collection Practices Act.
CFPB Releases Report on 2013 Servicing Rule
The Consumer Financial Protection Bureau today released a major report assessing its 2013 RESPA mortgage servicing rule.
Delinquent GSE Mortgages Fall in Q3
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 or more days past due fell from 1.2 percent to 1.1 percent at the end of the third quarter, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.
OCC: Mortgage Performance Improved Year-on-Year
The share of current and performing first-lien mortgages in the third quarter of 2018 was 95.4 percent, up from 94.8 percent a year ago, according to the Mortgage Metrics Report released today by the OCC.