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The North Texas region has been a hub for mortgage servicing for decades, dating back to the oil bust and savings and loan crisis of the 1980s. Today, some key players and many smaller ones remain firmly entrenched in the area.
February 17
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They're called "zombie properties" dilapidated, abandoned and overgrown with weeds because the lending institutions inheriting them through foreclosure fail to maintain them.
February 17 -
Nationally, the overall denial rate on a conventional loan was 12.4%, Zillow found after studying 2013 data lenders reported under the U.S. Housing Mortgage Disclosure Act.
February 17 -
One of the culprits in the building and bursting of the nation's housing bubble, the low-down-payment mortgage, is back in favor and readily available at a lender near you.
February 17 -
Users of Ellie Mae's self-hosted loan origination system will soon have to make a choice: migrate to the software-as-a-service version of Encompass or switch technology providers altogether.
February 17
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With less than three weeks to go before new financial assessments for reverse mortgages became mandatory, the Federal Housing Administration announced Thursday that it will delay their effective date due to technical issues.
February 13 -
Just three years ago, CEO David Nelms heralded the purchase of LendingTree Loans as a milestone in Discover's evolution from a strict credit-card company to a broad-based consumer lender. Now he is hinting that it might exit the mortgage business.
February 13
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For over a third of millennials, first comes home then comes marriage, according to a recent study.
February 13 -
Bank repossessions increased in January across South Florida, a welcome sign that more distressed properties are clearing a crowded court system, a new report shows.
February 13 -
About 1,000 servicemembers are eligible to receive more than $123 million from five mortgage service companies as compensation for unlawful home foreclosures, the Justice Department announced.
February 13
