Servicing

A federal jury has convicted two businessmen on multiple bank fraud charges related to falsifying loan documents to postpone foreclosure on a parcel of land in Aurora, Ill., worth nearly $2 million.

Modification activity increased slightly in January over December as servicers worked their way through the remaining Home Affordable Mortgage Program applications.

Bank of America has completed its legal settlement obligation with the Department of Justice to provide $7 billion in consumer relief nearly two years ahead of schedule.

Kaja Holdings 2 LLC admitted in court this week that it cannot evict A Milwaukee man from the house he has rented since 2015.

Soaring home values have property taxes on the rise. Servicers must be vigilant about borrower payment shock that can add complexity to escrow services and portfolio management. Here's a look at the states with the largest tax hikes.

A foreclosure by Licking County on the basket-shaped headquarters of the Longaberger Co. is imminent

Robeson County, N.C., is losing needed revenue by not taking foreclosure action sooner against property owners who have not paid taxes, according to Commissioner David Edge.

A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.

Industry critics argue the Invitation Homes deal will create new risks for Fannie Mae and remove affordable inventory from homebuyers.

In more good news for the real estate market, thousands of Albuquerque-area residents have regained equity in their homes.