Servicing

There were 15 of 17 Mortgage Industry Equity Composite members whose stock prices closed higher on Thursday.

One niche mortgage loan product which may be underutilized is the reverse mortgage.

Consumers in most major U.S. metropolitan areas continued to reduce their total debt in the first quarter of 2013.

The prices of loans supporting commercial mortgage backed securities decreased 60 basis points between the end of April and the end of May

New York will use up to $20 million in mortgage settlement funds to rebuild and restore neighborhoods that are still struggling with blight and large inventories of vacant properties.

Mortgages serviced by large national and federal savings banks supervised by the Office of the Comptroller of the Currency performed better in the first quarter than a year earlier.

Rep. Mel Watt will face lawmakers skeptical of his knowledge of housing-finance issues today when he appears at a Senate Banking Committee hearing on his nomination to oversee Fannie Mae and Freddie Mac.

The Dodd-Frank Act gave the Consumer Financial Protection Bureau the explicit authority to conduct examinations and take supervisory actions against large nonbanks.

Millions of homeowners are still delinquent on their mortgages or owe more than their homes are worth.

ResCap has already paid $1.13 billion to Ally to satisfy claims regarding the secured facilities the parent company provided to the mortgage lender.