Servicing

Another luxury condo at Manhattan's One57 is scheduled for a foreclosure auction — the second time in a month that a property seizure is being sought at the Billionaires' Row tower following a mortgage default.

Mortgage industry hiring and new job appointments for the week ending June 23.

Mortgage delinquencies declined 7% in May compared with April, a partial recovery from the 13% increase of the previous month.

Defaults on first-lien mortgages fell 5 basis points in May from the previous month, dropping to their lowest level in a year, according to the S&P/Experian Consumer Credit Default Index.

Managing portfolios for an influx of servicing rights investors helps mortgage companies augment revenue and keep rising costs and compliance risks in check.

PHH Corp. completed the sale of its Freddie Mac mortgage servicing rights portfolio to New Residential Corp. for $102 million, but the sale of the Fannie Mae MSRs will take place in the third quarter.

From the Trump administration's initial efforts at reg relief and GSE reform to dramatic shifts in the servicing landscape, here's a look back at the top stories shaping the mortgage industry during the first half of 2017.

Mortgage industry hiring and new job appointments for the week ending June 16.

A former Nomura Holdings trader was found guilty of conspiring to lie to clients about mortgage-bond prices, while another was cleared of all charges in a verdict that highlights the challenge of policing fraud in the market.

The Erie County, N.Y., Legislature unanimously adopted a resolution asking for a state law that would enable local leaders to shorten the foreclosure timetable for bank-owned vacant homes.