Fidelity National Ups Stake in ServiceLink
Fidelity National Financial has recapitalized ServiceLink Holdings, increasing its ownership in the transaction services company.
B of A Credited for $1.18B in Consumer Relief: Settlement Monitor
Bank of America has received approval for additional credit during the first quarter of 2015 from the independent monitor overseeing its compliance with the requirements of its mortgage settlement agreement.
People Movers of the Week: July 31
Mortgage professional hiring and new job appointments for the week ending July 31.
'Underwater' Homes Weigh on Metro Atlanta
If the metro Atlanta housing market has been having trouble gaining speed, it could be because so many homes here are still underwater.
Florida Official Questions Mortgage Fraud Audit
Osceola County, Fla., Clerk of Court Armando Ramirez stands behind an audit he authorized into suspected mortgage fraud and questions how authorities are investigating its findings.
Ocwen Posts Lower 2Q Profit on Decline in Servicing Fees
Ocwen Financial Corp. reported lower income year-over-year as servicing revenue fell steeply, despite the gains from the sale of nonperforming loans.
Treasury, Servicers: We're Doing What We Can on Loan Mods
Home Affordable Modification Program denial rates are still high, but the Treasury Department and top mortgage servicers contend that the numbers have improved.
Nationstar Reports $75M Profit on Higher Servicing Revenue
Nationstar Mortgage Holdings returned to profitability in the second quarter after the previous quarter's significant loss.
Black Knight Reports 2Q Profit on Higher Revenue
Black Knight Financial Services swung to a profit in the second quarter, the first reporting period after it completed an initial public offering in May.
Las Vegas Ranked Last in Report on Housing Market Health
Las Vegas' housing industry is stronger today than it was after the economy collapsed, but it's still bogged down by an array of problems and according to a new report, it's the unhealthiest market in America.
Most Servicers Have Yet to Crack Customer Satisfaction Code
Consumers hold tight to the belief that servicers are only concerned about their ability to make payments, despite a growing industry focus on customer experience.
A Quarter of Tampa Bay Borrowers Are Still Underwater
Although home values are rising, thousands of Tampa Bay homeowners still owe more than their property is worth.
Spokane Bar Owner Indicted for Allegedly Defrauding Local Banks
The owner of several downtown Spokane, Wash., bars has been indicted by a federal grand jury for allegedly defrauding local banks of more than a half-million dollars while taking advantage of mortgage relief programs for which he didn't qualify.
Embattled Pennsylvania Real Estate Agent Named 'Person of Interest'
Pennsylvania State Police have named Ignacio "Iggy" Beato, 45, of Hazleton as a person of interest in a multi-agency investigation of real estate fraud.
SIGTARP Wants to Know Why Servicers Deny 70% of HAMP Requests
The Special Inspector General for the Troubled Asset Relief Program is renewing calls for further investigation of servicers it claims may be denying too many Home Affordable Modification Program applications.