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Goldman Sachs’s Litton Mortgage Unit Resumes Some Foreclosures March 1, 2011, Bloomberg News Goldman Sachs Group Inc.’s mortgage-servicing unit, which suspended some evictions and foreclosures in October, has recently resumed some of those...
Mortgage Defaults in California at 3-Year Low Los Angeles Times, July 22, 2010 The number of Californians entering foreclosure slid dramatically in the second quarter to a three-year low as the fallout from the worst of the housing crisis continued to...
Mortgage Servicers Blast Administration's Homeowner Aid Program June 24, 2010, Wall Street Journal Mortgage servicers on Thursday told U.S. House lawmakers that consecutive changes to the U.S. Treasury Department's foreclosure prevention program...
1.7 Million GSE Loans at Least 60 Days Past Due June 23, 2010, DS News The number of loans held by Fannie Mae and Freddie Mac that were 60-plus-days delinquent stood at 1.7 million at the end of the first quarter of 2010, the two companies’ conservator...
Mortgage Defaults Show Signs of Slowing May 10, 2010, Los Angeles Times Is the tide of home-loan defaults finally beginning to recede? There were signs of that on Monday in two reports examining trends in serious delinquencies — home loans on which...
Washington Mutual Created 'Mortgage Time Bomb' April 13, 2010, Los Angeles Times Before Washington Mutual collapsed in the largest bank failure in U.S. history, its executives knowingly created a "mortgage time bomb" by making subprime...