Servicing

Foreclosure starts dropped to their lowest level in 18 years, and properties foreclosed on but not yet sold fell to a 14-year low in August, according to Black Knight.

Mortgage industry hiring and new job appointments for the week ending Sept. 20.

The Federal Housing Finance Agency is ending a Freddie Mac pilot that posed a competitive threat to the private market for mortgage servicing rights financing.

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

While the critical defect rate for closed mortgage loans fell on a quarter-to-quarter basis, there were increases in income and packaging-related deficiencies, an Aces Risk Management study found.

Reverse mortgages are surging in Canada as more older people join the country's debt bandwagon.

While there was a slight rise in foreclosure filings in August over July, there was a decline when compared with the previous year for the 14th consecutive month, according to Attom Data Solutions.

Mortgage industry hiring and new job appointments for the week ending Sept. 13.

An indictment unsealed in a Brooklyn federal court alleged four New Yorkers and one Floridian misled mortgage companies, the government-sponsored enterprises and a government agency regarding short-sale property prices.

South Florida is the nation's capital of mortgage fraud, property data firm CoreLogic says.