There are many ways our industry can use mobile technologies. But if we don't do it, someone else will.
The bill would require written contract amendments, signed by the lender, for most loans. Legislators took up the issue after a judge in the state sided with a borrower's claim of having an oral agreement from Bank of America to modify a mortgage.
Detroit will work aggressively to make sure it has enough affordable housing for low-income residents to stay in or move back to the city now that the federal government has restored local control of the city's once-troubled public housing agency, Mayor Mike Duggan said.
The striking poster is on its way to Washington, D.C., specifically to the U.S. Senate chamber.
HSBC Holdings defeated New York's lawsuit alleging its paperwork delays put property owners in foreclosure at an increased risk of losing their homes.
Clayton Holdings has acquired technology valuation provider Red Bell Real Estate and its sister company, Main Street Valuations.
After months of declines, there's a jump in the number of North Texas homes facing foreclosure next month.
Some nonbank issuers of mortgage-backed securities are wrestling with capital pressures, and Ginnie Mae has cooperated with their efforts to sell chunks of mortgage-servicing-revenue streams to investors.
A Freddie Mac and Fannie Mae mortgage servicing rights portfolio with approximately $10 billion of unpaid principal balance is now on the market.
Foreclosure and mortgage delinquency rates fell in Cedar Rapids and Iowa City in January compared with the same month of 2014, according to CoreLogic of Irvine, Calif.
Orange County property owners who have no equity in their homes are a rarity these days -- a far cry from the ugliness of the Great Recession just a few years ago.
Large mortgage servicers continued to shed delinquencies as overall loan performance improved in the fourth quarter, the Office of the Comptroller of the Currency said Friday.
Financial institutions are far from drowning because of underwater mortgages, with the impact of these loans mostly behind them, according to Fitch Ratings.
Mortgage professional hiring and new job appointments for the week ending March 27.
Wells Fargo said 20 people in the Charlotte region will be laid off as part of approximately 1,142 nationwide job cuts it announced Wednesday in its mortgage operation.