Servicing

Total household indebtedness rose by $127 billion in 3Q13 from the prior quarter, mostly due to rising balances on mortgages, student loans and auto loans.

Stonegate Mortgage Corp. executives credit the nonbank’s differentiated mortgage banking platform and their “solid business execution” practices for mitigating risk despite revenue declines amid rising interest rates.

With the new compliance requirements and rules from government entities including the Consumer Finance Protection Bureau, we have now stepped into the age of a new normal.

October marked the 16th consecutive month where scheduled judicial foreclosure auctions increased from a year ago.

Bank of America has created a technology platform to better connect mortgage holders to customer service employees when those customers fall into delinquency.

The Synergy Award commends technology initiatives and alliances that encourage the integration of software and processes to promote automation, efficiency and broad mortgage industry use. Learn about this year's finalists and see who won the 2013 MT Award.

The donation benefits a new financial education program introduced by one of the nation’s largest financial counseling organizations.

The Department of Housing and Urban Development for the first time failed to sell some soured mortgages it's auctioning off post-housing crisis, according to sources familiar with the results.

A mortgage corporation was deceived into financing $1 million for four properties with invalid loan applications and appraisal reports.

The $782-million-asset company halved its stake in Lender Service Provider to 25% during the third quarter after adding two members to the processing firm.