Servicing

Sixty-seven nonprofits will benefit from the megabank’s 2013 “Leading the Way Home” program designed to help accelerate recovery efforts in distressed areas.

Decreases in home financing delinquencies occurred for first mortgages, home equity installments and home equity revolving loans in September compared to a year ago, Equifax says.

Risk management and compliance has increased from safety and soundness reviews to encompass consumer protection and operational risks since the founding of the Consumer Financial Protection Bureau.

True to his efforts to bring the culprits to pay for perpetuated damages New York Attorney General Eric Schneiderman is awarding mortgage settlement money from the top banks to blighted communities.

Five states and New York City will receive money to assist communities with remaining housing, economic development and infrastructure needs.

Sen. Elizabeth Warren weighed in publicly for the first time on the substance of the housing finance reform debate on Tuesday, endorsing a limited but explicit government guarantee, strong underwriting rules and servicer oversight, and secondary market access for smaller institutions.

Home price adjustments of recent months have not been significant enough to benefit all the homeowners who continue to be underwater.

More than three years after The Hardest Hit Fund was established, just 22% of the $7.6 billion has been spent on relief efforts to help distressed borrowers, a TARP IG report says.

The housing recovery for Massachusetts is in full effect as foreclosure petitions, foreclosure deeds and auction announcements all dropped by double-digit percentages in September from last year.

Michigan’s new public, private civic partnership is implementing a revitalization philosophy likely to transform metro Detroit and some of the nation’s hard-hit areas with high inventories of abandoned homes.