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During the first three months of 2011 there was a 44 percent increase in mortgage fraud case activity, according to the latest findings in the Mortgage Fraud Index from MortgageDaily.com. The index is based on mortgage fraud case activity tracked at the mortgage fraud blog FraudBlogger.com. The ...

Late payments on commerical property loans packaged into CDO's climed .7 basis points to 14.8%, and losses on commercial real estate loan collateralized debt obligations increased in April, according to Fitch Ratings. Asset managers reported approximately $164 million in realized losses from the...

  Daily Breakdown   05/09/11    Monday             5 05/10/11    Tuesday          16 05/11/11    Wednesday       9 05/12/11   Thursday          19 05/13/11    Friday                8   Total                                  57   Breakdown by Foreclosure type Commercial             3 Homestead    ...

As receiver for a failed financial institution, the FDIC may sue professionals who played a role in the failure of the institution in order to maximize recoveries. These individuals can include officers and directors, attorneys, accountants, appraisers, brokers, or others. Professional liability...

First quarter 2011 commercial and multifamily mortgage originations were 89% higher than during the same period last year, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The 89 percent overall increase in commercial/...

The apartment industry's recovery continues briskly, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions. "The apartment industry rebounded strongly in 2010 as demand for apartment residences outpaced the sluggish recovery in the job mar...

The Special Foreclosure Edition of Supervisory Insights highlights lessons learned from an interagency horizontal review of the 14 largest residential mortgage servicers. The FDIC review resulted in Consent Orders with all entities reviewed. "The best practices outlined in this publication provid...

The United States filed a civil mortgage fraud lawsuit against Deutsche Bank AG and its wholly owned subsidiary, MortgageIT Inc. The government's complaint seeks treble damages and penalties under the False Claims Act for the insurance claims already paid by HUD for mortgages wrongfully endorsed ...

Recently released information from the research firm Delta Associates says distress in the commercial sector is maintaining a plateau. Delta Associates said in its report, "The plateau has occurred as lenders continue to extend debt obligations, and commercial property values are stabilizing in m...

The U.S Census Bureau has released Residential Vacancies and Homeownership data for the first quarter of 2011. The data is derived from the Housing Vacancy Survey, which is a supplement to the Current Population Survey. The homeowner vacancy rate is the proportion of the homeowner inventory which...