Servicing

Loan defaults associated with the three late summer hurricanes could have a more immediate effect on MGIC Investment Corp.'s secondary market capital cushion than proposed changes by Fannie Mae and Freddie Mac.

Bank of America's mortgage banking business reported a loss for the fourth quarter driven largely by representations and warrants provisions.

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.

Citigroup's fourth-quarter residential mortgage banking revenue was 22% lower from the previous year because the company sold the vast majority of its servicing rights.

The weighted average FICO credit scores of securitized reperforming loans are deteriorating a little, according to a DBRS study of the bonds.

Two adjoining houses on Sixth Street in Niagara Falls were demolished last week as part of the city's ongoing battle against zombie houses.

Mortgage industry hiring and new job appointments for the week ending Jan. 12.

JPMorgan Chase reported lower mortgage banking revenue in the fourth quarter as the returns from its servicing business declined from the previous year.

A decade after the housing market crashed, foreclosures in Dallas-Fort Worth have slowed to a trickle.

Despite the overall mortgage delinquency rate being down in October, early-stage mortgage delinquencies increased following an active hurricane season, according to CoreLogic.