Servicing

Mortgage industry hiring and new job appointments for the week ending Dec. 21.

Mortgage prepayment speeds fell to their lowest level in 10 years in November as rising interest rates took a toll on origination activity, according to Black Knight.

A Flora Vista, N.M., man accused of five felony charges for forging a signature on real estate paperwork then ordering an employee to dispose of property from the victim's residence has agreed to a plea agreement.

Five Florida Keys men ripped off the federal government and received thousands of dollars in recovery money after Hurricane Irma struck last year, the Monroe County State Attorney's Office said.

Mortgage industry hiring and new job appointments for the week ending Dec. 14.

Time and again, two former associates of President Trump deceived banks in connection with loan applications. Their wealth, proximity to power and willingness to tell big lies all appear to have helped them get away with brazen schemes.

An agency report said servicing portfolios have shrunk by nearly half in 10 years as much of the mortgage market has shifted to nonbanks.

Other than in areas hit by natural disasters, delinquency rates are falling with help from a healthier labor market, but a rise in riskier lending habits could signal trouble for borrowers should housing conditions change, according to CoreLogic.

Ditech Holding Corp. is proposing to pay $257,000 and improve governance to settle a stockholder lawsuit alleging that a lack of oversight allowed improprieties to occur in several mortgage-related business lines.

The government-sponsored enterprises are suspending eviction lockouts for the holiday season.