Servicing

Servicers are able to borrow more against their Ginnie Mae mortgage servicing rights as financing providers become more comfortable with the collateral.

Foreclosures in Minnesota last year were about 26% lower than the year before, dropping to the lowest level in more than a decade.

PHH Mortgage Corp. will lay off 69 employees in Amherst, N.Y., at the end of June and then exit the Wehrle Drive building it leases.

First- and second-lien mortgage default rates increased slightly in February, according to the S&P/Experian Consumer Credit Default Indices.

A federal jury has convicted two businessmen on multiple bank fraud charges related to falsifying loan documents to postpone foreclosure on a parcel of land in Aurora, Ill., worth nearly $2 million.

Modification activity increased slightly in January over December as servicers worked their way through the remaining Home Affordable Mortgage Program applications.

Bank of America has completed its legal settlement obligation with the Department of Justice to provide $7 billion in consumer relief nearly two years ahead of schedule.

Kaja Holdings 2 LLC admitted in court this week that it cannot evict A Milwaukee man from the house he has rented since 2015.

Soaring home values have property taxes on the rise. Servicers must be vigilant about borrower payment shock that can add complexity to escrow services and portfolio management. Here's a look at the states with the largest tax hikes.

A foreclosure by Licking County on the basket-shaped headquarters of the Longaberger Co. is imminent