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N.Y. foreclosure lawsuit could slow home seizures

Bankers struggling to deal with faulty foreclosure paperwork just got hit with another major headache. New York State Attorney General Eric Schneiderman, recently tapped by President Obama to head a new task force to investigate mortgage fraud, sued three major U.S.

California Home Foreclosure Notices Decline 12% as Lenders Change Policies

Foreclosure notices in California, the state with the highest number of distressed mortgages, fell in the fourth quarter as the housing market improved and loan servicers changed their policies, DataQuick said.

Effort To Move Foreclosure Notices Online Fails In Legislature

Despite the fact that there are almost as many homes with computers as there are with televisions, the state of Florida is not yet ready to move home foreclosure notices off the printed page and onto a webpage, killing that proposal Tuesday after intense lobbying by newspapers and groups representing the elderly and minorities.

Fitch Affirms MetLife Home Loans' U.S. RMBS Servicer Ratings; Assigns Stable Outlook

Fitch Ratings affirms the following U.S. residential primary servicer ratings for MetLife Home Loans :

CoreLogic: Merced home prices fell by 1.8% in December over year-earlier period

CoreLogic ( NYSE : CLGX), a Santa Ana-based provider of information, analytics and business services,