Servicing news
Short sales and foreclosures continue to play a smaller role in the central Ohio housing market, according to a report released Thursday by the Columbus Realtors trade group.
Mortgage professional hiring and new job appointments for the week ending April 29.
A North Carolina Senate bill filed this week would toughen penalties for people who take up residence in foreclosed homes and file fake legal documents to stay there.
For banks looking to enter or expand their mortgage servicing rights business, there is a pressing question: Are the best years for MSRs behind us or do current market conditions offer a favorable risk/reward opportunity?
The nation's housing markets may be finally getting over the foreclosure crisis, but for many Americans the anger hasn't subsided.
During the mortgage crisis, servicers recruited people from the origination business to help with loan modifications. Now the two sides of the industry are coming together in a new way.
The Florida Bar Foundation got a check this week for $23 million, its largest ever, as part of a Bank of America mortgage settlement that aims to provide legal aid for homeowners facing foreclosure.
Ocwen Financial Corp. has fulfilled its consumer relief obligation under the National Mortgage Settlement ahead of schedule. But that doesn’t mean it’s in the clear yet.
The number of people losing their homes to foreclosure in San Diego County has hit substantial lows, real estate tracker Corelogic said.
Cost improvements weren't enough to keep Ocwen Financial Corp. out of the red during the first quarter.
EverBank Financial’s first-quarter profits more than doubled from the same period last year as strong loan growth more than offset a sharp drop in income from servicing mortgages.
Clayton Holdings reported a $3.7 million pretax first-quarter loss, but Radian's mortgage insurance business had pretax income of $140 million, a 10% increase over the prior year.
Foreclosure rates continue to slide in Southwest Florida, but they remain among the highest levels in the nation.
Across metro Detroit and the nation, a sticky subgroup of foreclosure cases involve reverse mortgages.
The monitor of the Bank of America Mortgage Settlement distributed roughly $89 million Tuesday to legal assistance groups in nine states from a fund for federal tax assistance.
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