Servicing

The filing of fraudulent mortgage applications is on the rise. On the surface, it appears as if risk mitigation solutions are not working properly. But vendors and even some lenders disagree.

Mortgage lenders, servicers and banks need to follow how court procedures for admitting evidence are updated when developing technology systems.

Purchasing homes from Zillow has been fueled by huge resets in home prices since market peak, historically low mortgage rates and an improving economy.

Nationstar, Ocwen and Walter Investment picked a tough time to make an aggressive push into mortgage lending, but their efforts could pay off once new mortgage rules kick in.

New and resale houses and condominiums sold statewide in October were up about 1% from the prior month.

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.