Servicing

A Long Island, N.Y., man was sentenced to prison time and ordered to pay $2.5 million after pleading guilty in June to ripping off distressed homeowners, said Christy Romero, the Tarp special inspector general.

The area housing market is whispering optimism in the new year. Prices are moving up. Inventory is balanced. Foreclosures are down.

Florida's leading real estate industry group cautioned members against replying to a "Final Notice" bill from the Florida Board of Realtors.

Altisource Portfolio Solutions has launched a new mortgage trading platform for mortgage bankers and loan investors.

The number of Colorado Springs-area residential and commercial properties that fell into foreclosure in February rose to its highest level since last summer.

The program is a collaboration between the City of Milwaukee, Ocwen Financial Corp. and community groups like Common Ground.

Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.

CoreLogic President and CEO Anand Nallathambi died unexpectedly March 2 after a short illness. He was 55.

One eviction suit filed stands out from the nearly 900 other evictions filed in Milwaukee County Circuit Court last month.

Mortgage industry hiring and new job appointments for the week ending March 3.