Servicing

Credit unions are being cautioned to double-check the nonjudicial foreclosure statutes in the states in which they do mortgages for notice requirements in the wake of a closely watched Nevada state court ruling.

Citigroup will continue servicing the covered loans and the agreement does not release the fourth largest U.S. servicer from servicing liability on those loans.

A new plan introduced by a diverse group of housing experts defines several goals deemed essential to the future housing finance system, and terminating some government-sponsored entities is one of them.

The Federal Deposit Insurance Corp. in May issued enforcement orders against eight banks and freed nine others from prior orders as part of a series of actions released Friday.

Loan acquisitions by Fannie Mae edged up by nearly 1% from April to $78 billion in May.

Lawsuits tied to the Truth in Lending Act are on the decline—but bankers would be wise to delay any celebration.

There were 7 of the 17 Mortgage Industry Equity Composite members that gained on the day even though the overall market sank.

The aim of expanding them is to serve more people and provide customers with more options.

Realty Austin has donated $10,000 to Keep Austin Affordable.