Servicing

U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.

A lender backed by private equity firm Lone Star Funds is under scrutiny by New York Attorney General Eric Schneiderman amid union allegations it may be using predatory practices in its mortgage business.

Bank of America is getting some more mileage out of its Supreme Court victory in June.

Stewart Information Services Corp., a Houston-based title insurance underwriter, has launched a companywide rebranding effort to support other growth initiatives.

Investor expectations for preparing real estate owned properties for conveyance vary wildly and demand a tailored approach from servicers.

Fifth Third Bancorp has agreed to pay nearly $85 million to settle fraud charges related to undisclosed defective Federal Housing Administration-insured loans.

Jon Gray, global head of real estate at Blackstone Group, said the private equity firm is "bullish" on rental housing in New York and Miami, two cities where high home prices make purchases more difficult, sending tenants to the landlord's apartments and houses.

Fannie Mae and Freddie Mac have put billions of dollars' worth of distressed mortgage assets up for sale this year, but small buyers acquiring carve-outs of these offerings are driving activity in this niche market.