Servicing

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

A new, affordable, two-family home will be built in Central Falls, R.I., replacing a blighted six-unit multifamily property that has been demolished.

Mortgage industry hiring and new job appointments for the week ending June 30.

The Pine Tree Plaza in Sterling, Ill., will be auctioned online after a string of tenant departures put the property in foreclosure.

The proposed site in Danvers, Mass., of a Registry of Motor Vehicles office is scheduled to be sold in a foreclosure auction, casting doubt on when, or if, the registry will actually end up there.

The owner of a $50.9 million Manhattan condo that is scheduled to be sold at a foreclosure auction next month is Kolawole "Kola" Aluko, a Nigerian businessman accused in court filings of defrauding that country's government.

Defects and misrepresentations on mortgage applications rose 2.5% in May, reaching levels last seen in 2015, according to the First American Loan Defect Index

Hawaii continued to see drops near or above 20% in new foreclosure lawsuit filings during March and April, according to the latest data from the state Judiciary.

Seeking to stay below $50 billion, the regional is selling its origination and servicing businesses.

More than $106,000 was transferred into the Cheboygan County, Mich., general fund from the treasurer's office from the sales of tax foreclosures in the county.