Servicing

Residential delinquencies – excluding foreclosures – fell to 7.99% in the third quarter, the lowest reading since late 2008, when the nation's financial crisis was peaking, according to new figures released by the Mortgage Bankers Association.

In the first criminal case involving robo-signing of mortgage documents, Nevada's attorney filed charges Wednesday against two people accused of filing tens of thousands of false documents.

Quicken Loans received the highest customer satisfaction score in this year's J.D. Power and Associates 2011 Primary Mortgage Origination Satisfaction Study, while Bank of America -- the poster child for consumer missteps -- received the lowest.

Many of the mortgage industry’s leading professionals were on hand for the return of Mortgage Technology’s annual conference this week, and the beautiful Miami weather wasn’t the only thing that had attendees excited.

The top executives at Fannie Mae and Freddie Mac traveled to Capitol Hill on Wednesday to defend the payment of millions of dollars in deferred salary and bonuses to senior leadership at their firms.

Servicers that are part of the five-year old Hope Now alliance completed their 5 millionth loan modification in the third quarter.

As the number of REO and foreclosed properties continues to increase nationwide, servicers, financial institutions and brokers need to figure out a way to sell their assets more effectively.

CoreLogic's Homestandings tool, a grading report that helps real estate agents assess the overall purchase quality of a foreclosed property, is now available for Re/Max members who use its Mainstreet website.

Freddie Mac's HomeSteps, the real estate sales unit for its inventory of foreclosed homes, started a winter sales promotion offering closing-cost assistance to buyers and bonuses for selling agents.

Stonegate Mortgage Corp. recently relocated to a new Indianapolis headquarters, hired 45 of the 300 employees it wants to add in Central Indiana by 2015, and has other expansion plans underway outside the state.