The annual suspension will run from Dec. 18 through Jan. 3.

Earl Gross withheld over $8 million in loan payoffs that were due to Wells Fargo.

The terminations involve workers in the default servicing area and in loan originations.

The plan resolves more than $100 billion in potential lawsuits.

Foreclosure filings continued to fall in November, due in large part to the fewest amount of homeowners starting the process since December 2005.

A new hybrid appraisal product is now being offered that fills the gap between an automated valuation model with property condition report and a field appraisal.

The Jacksonville, Fla.-based company will give the FDIC $24 million in cash and a $24 million promissory note to terminate loss-sharing agreements related to its Bank of Florida acquisition.

A more mature bank-owned foreclosure-to-rental property market is attracting a different type of investor into this new reality and likely changing how business will be done in 2014, an insider says.

Gov. Andrew Cuomo is proposing regulations that expand mortgage relief options available to homeowners who owe more than the current market value of their homes and share benefits with investors.