Servicing

RCO Legal, once one of the largest foreclosure law firms in the Northwest, is shutting down permanently in December, a victim of the strong economy and housing market.

Newfi Lending is now approved by Fannie Mae as a seller/subservicer and by the Federal Housing Administration as a "Full Eagle" Mortgagee.

A provision in the original Senate tax reform bill would have required companies acquiring mortgage servicing rights to pay taxes upfront for their anticipated servicing income.

While the nationwide run-up in mortgage loan application defects appears to have slowed, instances of fraud remain on the rise in Texas and Florida.

Mortgage industry hiring and new job appointments for the week ending Dec. 1.

Mortgage servicers should be especially concerned by the rise in Telephone Consumer Protection Act lawsuits, which often hinge on whether consent to call borrowers exists or has been revoked.

For the second time in less than a decade, the owner of roughly 1,800 acres of agricultural land in Upcountry Maui once envisioned for housing is trying to avoid foreclosure.

After 10 years of operation, RoundPoint Mortgage Servicing Corp. has launched a retail mortgage lending division.

A 10-year-old fraud case against two San Luis Obispo County, Calif., lenders has ended in a hung jury.

Next to a new Columbus, Ohio, apartment complex on East Whittier Street — a shining testament to the South Side's revival — sits a block of boarded-up and crumbling brick townhomes.