Servicing

As digital mortgage technology helps consumers take a more hands-on approach to the mortgage process, lenders are stepping up their adoption of automation and machine learning through artificial intelligence capabilities.

The largest residential mortgage servicers will get even larger in 2018, benefiting from consolidation and the outsourcing of servicing rights acquired by companies without their own platforms.

Development company NRP Group has sued the owner of the Lone Star Brewery for not refunding a $550,000 deposit after a deal to buy land for an apartment complex at the site fell through.

The seven largest national banks held less than 5% of loans that were delinquent at the end of the third quarter, the Office of the Comptroller of the Currency said Friday.

A breach at Alteryx that exposed sensitive information from more than 100 million U.S. households could add to fraud risks in housing finance

Hurricanes Harvey and Irma contributed to a surge in seriously delinquent mortgages in November.

Mortgage industry hiring and new job appointments for the week ending Dec. 22.

The Great Recession, the most painful downturn since the Great Depression, destroyed more than 248,000 jobs in metro Atlanta — about one of every 10 — and led to a quarter-million foreclosures.

A Stratford, Conn., man faces up to five years in prison after he pleaded guilty to bankruptcy fraud, according to the Department of Justice.

Residential and commercial property tax delinquencies are slightly higher in the Northeast and South than in the Midwest and West, but improving economic conditions are keeping the national delinquency rate in check.