Servicing

On May 8, four men were convicted in a California court of defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services.

As a result of the new qualified mortgage rule from the Consumer Financial Protection Bureau, nearly half (44%) of credit unions in a survey indicated they will cease originations of non-qualified mortgages, while another 44% will reduce originations.

The Federal Savings Bank, which is owned and operated by military veterans, has opened its Northeast flagship loan production office in Manhattan.

News about the flood-tested endurance of a structure in the Chicago area is music to the ears of everyone who has witnessed any of the super storms that keep hitting our shores.

When it comes to counseling consumers on their financial health, home buying or home retention, an effective client management system can help with that process that takes place following an initial counseling session.

Concordia Bank & Trust, with assistance from the Federal Home Loan Bank of Dallas, has provided a SNAP grant to a Mississippi senior citizen who needed a new roof for her home that was built more than 130 years ago.

A study suggests the prospect of 2.1 million additional homeowners by 2020 should be a plausible reason for legislators to work harder on a comprehensive benchmark immigration reform.

A commercial real estate market recovery combined with fresh demand for apartments and office properties continue to push commercial property price indices up and commercial mortgage-backed securities default rates down.

A temporary worker for PHH Corp. potentially gained access to employees' personal information, including Social Security numbers and dates of birth.

Through the first quarter, foreclosure starts fell 27% year-over-year while single-family building permits were up by 27%, according to data obtained by RealtyTrac from the Department of Housing and Urban Development.