Servicing

So far, HomeSafe Georgia has distributed $130 million in 129 Georgia counties.

A federal relief effort that set aside nearly $2 billion in housing aid for troubled Californians is being expanded to help older homeowners avert foreclosures on their reverse mortgages.

The independent monitor overseeing Bank of America's compliance with requirements of its landmark mortgage settlement agreement has released his first report on the bank's consumer relief activities.

Mortgage servicer PHH Corp. posted a net loss in the fourth quarter, as its mortgage production and servicing segments both struggled as the year ended.

Silver Bay Realty Trust Corp. agreed to buy about 2,460 single-family rental homes in one of the nascent industry's largest bulk purchases.

Foreclosures and delinquencies may seem like problems from the past, but servicers are still struggling with a massive backlog of distressed loans and a return to normalcy is at least two years away, if not longer.

Rent prices continue to surge like a red tide in the Tampa Bay area — something few welcome.

The Department of Veterans Affairs released a plan to use a 387-acre tract of land in west Los Angeles to help end veteran homelessness in the city.

National credit default rates accelerated in January from recent lows seen last year.

The North Texas region has been a hub for mortgage servicing for decades, dating back to the oil bust and savings and loan crisis of the 1980s. Today, some key players and many smaller ones remain firmly entrenched in the area.