Mortgage professional hiring and new job appointments for the week ending May 22.
Just as the Orlando-area housing market has tightened with a slim inventory of home listings, banks have started selling more foreclosed houses, a new report shows.
Driven by an uptick in bank repossessions and auction sales, foreclosure filings in Ventura County, Calif., jumped nearly 20% in April from where they were a year ago, market researcher RealtyTrac reported Thursday.
Mortgage bankers facing new demands on their businesses are becoming increasingly interested in new sources of liquidity, particularly through mortgage servicing rights financing vehicles.
Home foreclosures kept Connecticut near the top of RealtyTrac's most troubled states for months, but those problems are easing significantly, a new report Thursday shows.
It's no crown any state wears with pride, but sadly Florida has been a repeat winner in RealtyTrac's foreclosure ranks and it remained in the top spot last month.
Nonbank servicers selling and buying Fannie and Freddie MSRs must meet new capital and liquidity requirement to transfer servicing.
Arlene Jeanette Mojardin, 32, of Bakersfield, Calif., was sentenced Monday to two years and six months in prison for conspiring to commit bank fraud, mail fraud and wire fraud in connection with a mortgage fraud scheme.
A circuit judge in Orange County, Fla., last month put a home owned by Orlando City Commissioner Regina Hill on the auction block, finding that she owed more than $160,000 in unpaid mortgage, taxes and interest, records show.
The national foreclosure law firm Butler & Hosch has shuttered its operations after rapid growth through acquisitions tapped out its cash reserves.
Calling his state's foreclosure process "badly broken and in need of change," New York banking regulator Benjamin Lawsky wants new policies enacted to fast-track vacant property foreclosures and reform the state's mandatory foreclosure mediation requirements.
A Modesto, Calif., man out of custody while awaiting the resolution of a federal fraud case bilked $6,000 from a new Modesto victim, authorities say.
The Mortgage Bankers Association has formed three new partnerships in an effort to provide new benefits to members.
Banks and mortgage firms representing 70% of the New York market will adopt a set of best practices to combat the "zombie properties" afflicting communities throughout the state, New York Gov. Andrew Cuomo announced Monday.
The number of Dallas-area homes being foreclosed by lenders has dropped by more than 20% in the last year, according to a new report by CoreLogic.