Servicing

The rate of mortgages in some stage of delinquency was 4.8% in April 2017, a 50-basis-point drop compared to a year ago.

The Department of Housing and Urban Development's Mortgagee Review Board has suspended Seckel Capital from originating and underwriting FHA-insured mortgages.

A Methuen, Mass., woman was forced to sell her home recently after she fell victim to an apparent scam targeting homeowners who are struggling with their mortgages.

Mortgage industry hiring and new job appointments for the week ending July 7.

PHH Corp. transferred ownership of the largest chunk of its remaining mortgage servicing rights — its Fannie Mae portfolio — to New Residential Investment Corp.

The city of Las Vegas is strengthening its effort to identify homes at risk of becoming blighted or taken over by squatters.

The Trump administration's Justice Department was expected to be less aggressive in its pursuit of False Claims Act cases against the mortgage industry. Instead, its focus has shifted to Federal Housing Administration-insured reverse mortgages.

Morgan Stanley received credit for $30 million of consumer relief, completing 85% of the obligations required by its February 2016 settlement with New York State.

Test your knowledge of these key terms from the servicing sector of the mortgage industry.

Wells Fargo & Co. surprised investors this week by withholding more than $90 million due to buyers of pre-crisis residential mortgage-backed securities.