Servicing

Foreclosures in the first quarter of 2017 fell to pre-recession levels in Pima County, Ariz.

Citi has named David Chubak as head of global retail banking and mortgage for the global consumer bank, replacing Jonathan Larsen, who resigned late last year.

Ocwen Financial and its subsidiaries faced a slew of accusations from federal and state regulators on Thursday, which raised questions about whether the firm could survive.

MGIC Investment Corp. had net income of $89.8 million for the first quarter, an increase of nearly 30% over the same period last year of $69.2 million.

Incenter Mortgage Advisors is accepting bids on behalf of an independent mortgage banker for a $326 million portfolio of Fannie Mae, Freddie Mac and Ginnie Mae mortgage servicing rights.

Mortgage bankers' first-quarter earnings should be down from the fourth quarter in tandem with the reduction in origination volume.

Impac Mortgage Holdings sold $56 million of its common stock as part of a plan to securitize non-qualified mortgage loans.

A prominent Detroit property tax official moonlights as an executive for Home Team — the fledgling Detroit real estate company that recently pitched a controversial plan to acquire thousands of foreclosed homes — raising questions about a potential conflict of interest.

Foreclosure activity continues to fade in Southwest Florida this year, staying at pre-recession levels of distressed homeowners.

Two Amherst, N.Y., couples, the Eisens and the Schiffs, were friends for more than 25 years.