Servicing

The AG’s complaint says the defendants identified abandoned residential properties in which they filed for adverse possession of the housing units in court to obtain title.

The drop has boosted applications, but the consumer break on loan costs may not last.

A complaint was filed in federal court claiming CitiMortgage officials failed to apply the proper mortgage-amortization rate to loans of active-duty members of the U.S. military.

The Lenders' Choice Award commends the technology provider that offers the best customer service, value proposition and overall user experience. The winner is selected by the lenders and servicers named to the Top Tech-Savvy Lenders and Servicers list. Learn about this year's finalists and the companies who voted for them.

Wells Fargo has a far larger purchase share than Bank of America, recent earnings show.

The grant will help rehabilitate or preserve more than 3,000 affordable housing units in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands.

The Golden State experienced a rise in notices of default and foreclosure sales during December, while notice of trustee sales declined.

Mortgage Fraud Examiners describes this program as a foreclosure rescue rip-off.

Late payments on loans have risen for the first time since early 2012, but the long-term loan performance trend remains positive.

Many welcome additional lending as a sign of a recovering economy. But some of it is being done with looser underwriting.