Servicing

Banc of California in Irvine has sold about $163 million of single-family residential mortgages to an unnamed buyer.

Mortgage industry hiring and new job appointments for the week ending Oct. 28.

A market that some Ginnie Mae issuers tap to help finance their mortgage operations has a dwindling number of investors.

Millions of consumers' credit reports will no longer reflect past mortgage problems, which could open up borrowing opportunities for many of them.

Barclays is trying to draw a line at $2 billion in penalties to settle a U.S. investigation into its sale of mortgage securities after it received an opening offer that it considered too high.

Ocwen Financial Corp. posted a quarterly profit for the first time since 2015.

American National Insurance Co. will use SS&C's Precision LM software product to manage the full lifecycle of its commercial real estate loan portfolio.

The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services.

The Consumer Financial Protection Bureau will require underperforming servicers to document the technology and process changes they're making to implement the agency's recently released servicing regulations.

China Oceanwide Holdings Group has agreed to purchase Genworth Financial in a $2.7 billion cash deal, joining a record buying spree by Chinese companies as they seek to boost growth overseas.