Servicing

Mortgage holders could see their security interest wiped out if a borrower in Texas or Nevada gets a property tax loan where the lien has priority over the first mortgage.

The number of U.S. properties that were equity rich in the second quarter grew by 1.6 million properties from a year ago.

Walter Investment Management Corp. is in danger of having its stock delisted from the New York Stock Exchange as its average market capitalization remains below required minimums.

Defaults on second-lien mortgages have crept up on a year-to-year and a consecutive-month basis; and first-lien defaults are above where they were the previous month, but still below year-ago levels.

A Lexington, Ky., man was sentenced Monday to five months in prison for conspiracy to commit wire fraud and making false statements to a federal agency after he was paid for home appraisals he didn't do.

The winning bids at Saturday's annual Niagara County tax foreclosure auction totaled more than $1 million.

Mortgage industry hiring and new job appointments for the week ending Aug. 11.

Picking a new benchmark for adjustable-rate mortgages is the easy part. Industrywide implementation is where things get tricky.

There is substantial doubt about Walter Investment Management Corp.'s ability to continue as a going concern if a restructuring plan is not approved and it needed to file a prepackaged bankruptcy plan.

Fires can make or break Staten Island, N.Y., zombie homes.