Servicing

No longer confined to major cities with historically large numbers of renters, the affordable housing shortage is growing across the country.

The drop in Home Affordable Refinance Program refis occurred mostly in refinancings with loan-to-value ratios above 125%, which totaled 18,300 in October.

The 77-year-old defendant is accused of mail fraud, wire fraud and securities fraud.

The word “tragedy” gets thrown around a lot, but I think it’s true in Mozilo’s case.

The average rate for a 30-year fixed-rate mortgage increased by five basis points to 3.37% during the week ending Dec. 20.

Overall, existing-home sales are up 14.5% from a year ago.

While Genworth MI Canada Inc. is separately traded on the Toronto Stock Exchange, Genworth Financial still owns a majority stake in the company.

The California Association of Realtors is calling on legislators and President Obama to preserve the mortgage interest deduction in its entirety for a number of reasons.

Paramount Land Holdings, which is locally funded by the Detroit Police and Fire Pension Fund, purchased foreclosed properties for as little as $10.

One of the biggest concerns among many industry insiders is how and when the shadow inventory of pending foreclosed properties will be released into the market.