Servicing

There's a handful of zombies out there threatening to wreck your neighborhood or at least create a frightful landscaping nightmare next door.

Credit Suisse's plan for consumer relief in a multibillion-dollar Department of Justice settlement related to residential mortgage-backed securities could reduce the costs involved, according to the settlement monitor's first report.

The U.S. Bankruptcy Court for the Southern District of Florida has approved a portal created by HLP to enhance communications during the mediation process.

The zombies are still haunting the Southwest Florida housing market, but they are taking a smaller bite.

Mortgage industry hiring and new job appointments for the week ending Oct. 27.

Nearly 1.4 million residential properties were vacant as of the end of the third quarter, representing 1.58% of all U.S. residential properties, according to Attom Data Solutions.

Radian Group reported third-quarter net income of $65 million after taking $57.8 million in pretax charges — $12 million of which is related to the Clayton Holdings restructuring.

Walter Investment Management Corp. was supposed to prosper by snapping up mortgage cast-offs from big banks at fire-sale prices. Instead, Walter is belatedly joining the list of companies burned by the U.S. housing crisis.

The Michigan company's third-quarter results were down slightly from a year earlier despite increased commercial lending and a wider net interest margin.

Equifax continues work to add new security features and restore full access to The Work Number following a report highlighting potential security vulnerabilities in a browser-based portal of its employment verification service.