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New York Attorney General Eric Schneiderman plans to sue Wells Fargo for violating the 2012 national mortgage settlement and has reached an agreement with Bank of America to comply with several new mortgage servicing standards.
October 2 -
The settlement monitor has issued four new tests to measure four banks compliance with the national mortgage settlements servicing standards.
October 2 -
As a rule transfers of mortgage servicing rights from one servicer to another do not have a negative impact on mortgage-backed securities ratings, but MSRs still make some insiders nervous.
October 2 -
The recovery in home prices and sale volume continues to be driven in large part by cash buyers and institutional investors.
October 2 -
In an effort to provide a broader range of services, CredAbility and ClearPoint Credit Counseling have agreed to merge by Dec. 31.
October 2 -
RBS Citizens Financial Group has pledged to invest up to $1 billion in funding for affordable housing and community development projects.
October 2 -
In a good real estate market, one with rising prices and willing buyers, foreclosures should nearly be nonexistent.
October 1 -
The platform manages the full range of loan servicing including loan boarding, payment processing and escrow administration for any-size portfolio.
October 1 -
During the recent housing recovery the industry focus switched on operational efficiency and loss mitigation cost management.
October 1



