Servicing

Consumer delinquency rates rose slightly in the second quarter but remain at historic lows, according to the American Bankers Association.

A group of mortgage-bond investors urged the U.S. attorney general not to let banks saddle them with costs by pledging relief for borrowers to settle U.S. investigations.

The total number of homes actually lost to foreclosure fell in August compared to last year.

Freddie Mac seller/servicers can still close and deliver mortgages if the borrower is temporarily out of work or not receiving a paycheck because of the government shutdown.

The former San Juan bioenergy facility, a five-acre oil seed crush plant in Dove Creek, Colo., will sell at a lender-ordered auction on Oct. 8 by Maas Companies.

Because traditional credit scores can be inadequate, more and more lenders should be turning to supplemental FCRA-compliant data to paint a more accurate picture.

As interest rates continue to rise, the mortgage refinance landscape has been severely altered.

Accredited Mortgage Loan REIT Inc. is making a partial liquidating distribution to the holders of its 9.75% Series A Perpetual Cumulative Preferred Stock of $1.50 per share.

Conventional prepayment speeds are roughly 25% slower and Ginnie Mae speeds are down 17% to 19% from the previous month, but this trend could reverse in October.

A mortgage servicer's decision to use batch file or real time integration for their systems is not cut and dry with one method having definitive benefits over the other.