Servicing

Wingspan made its second large acquisition for 2013 by reaching an agreement with JPMorgan Chase to take over a large-scale customer service operation in Monroe, La.

In a return to pre-recession norms—and with home values rising again—more struggling consumers are prioritizing mortgage payments over other debt.

The bank will also expedite new home equity loan applications for flood victims.

The rules build on settlements the state has entered into with three providers of this product.

American Homes 4 Rent has teamed up with Johnson Capital Residential Investments to form American Mortgage Investment Partners.

Tamara Tikal's husband was already being held in custody, yet she and a partner allegedly kept his scheme going.

Currently, only about a third of all lending is for new purchase money mortgages. The rest is from people refinancing their current mortgages.

In 2Q13, there was $478 billion in loan originations, of which 36% were purchase money mortgages.

Carrington Property Network has accelerated its expansion by adding 15 of the top producing residential real estate brokerage firms to its exclusive group over the last three months.

Wells Fargo is cutting about 1,800 jobs in its home-loan production business as an increase in mortgage rates curtails borrower refinancing demand.