Servicing

The mortgage industry should expect significant volatility that could result in a wave of lender consolidation in 2018, warns an analyst at risk management technology vendor LoanLogics.

Lenders need to be aware of a possible investor backlash as critical defects found in closed loans increased in frequency as the shift continued to a purchase market.

The acting head of the Consumer Financial Protection Bureau can utilize "look-backs" of mortgage servicing and underwriting rules to push for significant changes.

A former associate of Cook County Judge Jessica Arong O'Brien pleaded guilty Friday to her role in a $1.4 million mortgage fraud scheme and is expected to testify at O'Brien's criminal trial next month.

Mortgage industry hiring and new job appointments for the week ending Jan. 26.

The strong housing economy in 2017 led to an increase in premiums earned and lower claims costs for Old Republic International's title insurance business.

Frost Bank announced in October that it would be vacating the high-rise building bearing its name on North Carancahua Street in Corpus Christi.

Pennsylvania will soon start accepting applications for new servicing licenses added to address the growth of nondepositories, joining other states with similar authority.

In the 10-county Columbus area, foreclosure documents were filed on 4,697 properties last year, down from 6,719 the previous year.

Flagstar Bancorp swung to a fourth-quarter loss as the company took an $80 million noncash charge to earnings because of the tax reform bill.