Servicing

Lenders including Bank of America Corp. and Citigroup Inc. are accelerating their sales of soured U.S. mortgages as investment firms compete to buy the debt.

Mortgage professional hiring and new job appointments for the week ending Feb. 13.

Bank repossessions increased in January across South Florida, a welcome sign that more distressed properties are clearing a crowded court system, a new report shows.

About 1,000 servicemembers are eligible to receive more than $123 million from five mortgage service companies as compensation for unlawful home foreclosures, the Justice Department announced.

Amid a growing investor appetite for risk, efforts to standardize private-label securities are key to helping ensure the market's healthy return.

MountainView Servicing Group is brokering the sale of a multibillion-dollar Freddie Mac and Fannie Mae mortgage servicing rights portfolio.

Radian Group, of Philadelphia, had an explosively strong fourth quarter in 2014 thanks to a reduction of its risk profile as a result of the pending sale of its financial guaranty unit.

After backing off for a while, banks ramped up the pressure on delinquent Nevada homeowners last month, seizing more homes and starting the foreclosure process on more people, a new report shows.

Cherry Hill Mortgage Investment in Moorestown, N.J., has agreed to acquire Aurora Financial in Marlton, N.J.

Bank of America is laying off 250 mortgage and technology workers in Charlotte as the No. 2 U.S. bank continues to reduce its portfolio of bad loans.