Servicing

“Under the terms of this settlement, the bank has admitted to its misdeeds in great detail,” U.S. Attorney General Eric Holder said.

Wells Fargo executives said they support federal regulators' effort to expand mortgage credit availability but cautioned that it will produce little benefit for the bank's, or the industry's, bottom line.

Fiserv and ChannelNet have added a feature to LoanLink, their borrower self-service tool, that lets distressed consumers apply online to restructure their mortgage or installment loans.

Reps. John Delaney, D-Md., John Carney, D-Del., and Jim Himes, D-Conn., introduced a new housing bill Thursday designed to provide an explicit government backstop for the market but still increase private sector participation.

Whether it's the CFPB, a state regulator or a financial auditor coming to visit, here are some tips on getting your shop ready for the checkup.

Home equity lines of credit have been a key area of improvement among consumer loan types, a report Thursday from the American Bankers Association shows.

From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.

The nation's inventory of homes in some stage of foreclosure declined 4.8% in May from April, the 31st straight month-to-month drop, CoreLogic reported.

Secondary market agency is asking Congress for additional funding to increase monitoring of nonbank servicers.

Redwood Trust is coming back to the market with its second residential mortgage-backed security of 2014, according to a presale report from Kroll Bond Ratings Agency.