Servicing

Homeowners are reaping the rewards of higher home prices, as the number of seriously underwater properties dropped by 1 million from one year ago, Attom Data Solutions said.

While Arch Capital had a slight increase in year-over-year net income to $64 million, the total was affected by $25 million of costs related to the purchase of United Guaranty.

While lenders support the intent of a proposal to encourage the growth of private flood insurance, they claim a regulatory proposal doesn't give lenders enough flexibility and remains too complicated.

Mortgage industry hiring and new job appointments for the week ending Feb. 10.

The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.

Cherry Hill Mortgage Investment Corp. has received issuer and purchase approval from Ginnie Mae, allowing it to complete a previously announced deal with Freedom Mortgage.

Loans that had modifications completed since 2014 are redefaulting faster than those modified in previous years, according to Fitch Ratings.

Analysts at Deutsche Bank, one of the biggest underwriters of bonds tied to U.S. commercial real estate, say now it's time to short indexes of the securities.

A former executive at Tennessee Commerce Bank executive has been charged with providing false information to one of the bank's regulators.

The Urban Institute's Housing Finance Policy Center has created a new initiative aimed at addressing skyrocketing mortgage servicing costs.