Servicing news
Millions of consumers' credit reports will no longer reflect past mortgage problems, which could open up borrowing opportunities for many of them.
Barclays is trying to draw a line at $2 billion in penalties to settle a U.S. investigation into its sale of mortgage securities after it received an opening offer that it considered too high.
Ocwen Financial Corp. posted a quarterly profit for the first time since 2015.
One of the lenders to Cowboys Dancehall is trying to force the popular honky-tonk to sell off the bar and liquidate its assets, according to documents filed in U.S. Bankruptcy Court in San Antonio.
American National Insurance Co. will use SS&C's Precision LM software product to manage the full lifecycle of its commercial real estate loan portfolio.
The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services.
The Consumer Financial Protection Bureau will require underperforming servicers to document the technology and process changes they're making to implement the agency's recently released servicing regulations.
Russel Becker is worried about a tree, partially uprooted by Hurricane Matthew, and the damage it could cause if it were to completely fall.
One of Milwaukee's most notorious landlords, Mohammad Choudry, was arrested Monday and slapped by city officials with a $1.25 million lawsuit that alleges he has repeatedly avoided paying court fines and property taxes while trying to keep secret his ownership interests in properties riddled with building code violations.
China Oceanwide Holdings Group has agreed to purchase Genworth Financial in a $2.7 billion cash deal, joining a record buying spree by Chinese companies as they seek to boost growth overseas.
As Rodrigo Lopez begins his term as chairman of the Mortgage Bankers Association, the Nebraska multifamily lender seeks to use the platform to embrace the challenges of improving diversity and technology throughout the industry, while remaining vigilant about the ever-changing regulatory landscape.
Mortgage industry hiring and new job appointments for the week ending Oct. 21.
With the election just weeks away, here's a look at the mortgage industry firms whose employees and affiliated political action committees have made the largest political contributions during the 2016 election cycle.
In an election year dominated by controversy and big personalities, political contributions from the mortgage industry have remained muted, reflecting apathy and uncertainty toward Hillary Clinton and Donald Trump.
In a move designed to help further calm lender fears about mortgage repurchase liability, Fannie Mae is preparing to offer immediate representation and warranty relief to lenders that use its suite of automated quality assurance technology.
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