Servicing

The foreclosure rate in the Twin Cities metro is at an all-time low and is now one of the lowest in the U.S.

There were 424,800 U.S. properties with foreclosure filings in the first half of 2017, down 20% from the prior year, according to Attom Data Solutions.

The number of foreclosure filings on properties in the six-county Chattanooga, Tenn., metropolitan area dropped 26.8% in the first half of 2017.

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

A former California mortgage lender agreed to pay $4.2 million to settle civil fraud allegations that its lending practices in the Southeast caused taxpayers to lose millions of dollars when homeowners defaulted on their loans after the Great Recession.

Higher home prices and a stable job market have slashed the number of foreclosures across South Florida.

First-lien mortgage defaults in June were down 4 basis points from the previous month and 5 basis points from where they were the previous year at 0.6%.

Canadians may be shouldering near-record household debt but homeowners have been managing it better than those that don't own property.

Former EverBank Chairman and CEO Rob Clements now has those same positions at LenderLive Holdings, a Denver-based provider of outsourced mortgage services.

Last month's spike in defaults due to loans maturing drove the greatest month-over-month surge of U.S. commercial mortgage-backed securities delinquencies in six years, according to Fitch Ratings.