Servicing

The nonbank lender and servicer's long-awaited rebrand comes along with wholesale changes across its entire operation to better emphasize the customer experience.

A new state law meant to combat the blight of "zombie" homes across New York lacks effective enforcement to hold banks accountable for actually maintaining the properties on Staten Island.

Mortgage industry hiring and new job appointments for the week ending Aug. 18.

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.