Servicing

Millions of Americans lost their homes to foreclosures or short sales during the housing crisis. Fortunately for the economy, time heals most wounds — and credit reports.

The Dec. 31 expiration of the Home Affordable Modification Program will have a limited negative effect on residential mortgage-backed securities from 2008 or earlier, according to Moody's Investors Service.

The board of Nationstar Mortgage Holdings has unanimously elected CEO and President Jay Bray as the company chairman, succeeding Wesley Edens, who retired July 1.

Melissa Suniga and her mother had been renting a three-bedroom Phoenix house for less than a year when their landlord, Blackstone Group's Invitation Homes, gave them the chance to buy it.

The Consumer Financial Protection Bureau recently dressed down the mortgage industry for failing to innovate. Here are 10 tech ideas from the National Mortgage News team that could improve efficiency, margins and the industry's image among growing demographics. Some might sound farfetched, but so do most great inventions at first. Dream big.

The U.S. mortgage market is of course considerably smaller, safer and less accessible than it was nine years ago.

The Federal Housing Finance Agency’s first report on the sales of nonperforming loans owned by Fannie Mae and Freddie Mac may seem discouraging at first.

Mortgage professional hiring and new job appointments for the week ending July 1.

Inaccurately insured homes can cost mortgage servicers millions of dollars in civil penalties — a loss that can be prevented by better understanding the figures and analysis used to determine the correct cost of insurance needed.

Nonperforming loan investors will have to consider principal reductions and offer more sustainable loan modifications.