Servicing

For servicers seeking to differentiate themselves with mortgage investors, the ability to quickly resolve a delinquent loan has taken a backseat to demonstrating a strict adherence to the swath of new compliance requirements that have transformed the industry.

RealtyTrac has named a new chief executive, as Jamie Moyle becomes chairman of the board's innovation committee, and Rob Barber will become CEO on Aug. 17.

Utah's attorney general revived a potential billion-dollar battle with Bank of America Corp. over foreclosure practices after two of his predecessors were charged with corruption for abandoning the fight.

The bankruptcy of Wingspan Portfolio Advisors epitomizes the existential crisis facing default servicing. This once-thriving sector of the mortgage industry now finds itself declining in lockstep with the drop in loan delinquencies and foreclosures.

More than 10,000 mortgages were refinanced through the Home Affordable Refinancing Program in May, the Federal Housing Finance Agency reported.

Mortgage professional hiring and new job appointments for the week ending July 24.

F.N.B. in Pittsburgh reported higher second-quarter profit as it booked more commercial real estate and business loans.

Upgrading communications technology is imperative, but only one way, for mortgage servicers to prepare for an onslaught of consumers accustomed to high-touch, individualized attention.

Stewart Mortgage Information Systems is pulling the plug on its delinquent mortgage services business.

The U.S. mortgage delinquency rate, for loans at least 30 days late, fell 2.9% in June from the previous month, Black Knight Financial Services said in its monthly mortgage performance report.