Servicing

Wells Fargo will invest $11.4 million to help accelerate the economic recovery through neighborhood improvement projects in 25 cities affected by the foreclosure crisis.

Bank of America is being removed from the Dow Jones Industrial Average at the close of trading on Friday and being replaced by Goldman Sachs.

CoreLogic said about 2.5 million more residential properties returned to a state of positive equity during the second quarter.

The percentage of conduit commercial mortgages paying off at their balloon date in August is 72.1%.

Mobile cloud technology is singlehandedly changing mortgage and field servicing processes, according to at least one insider, in ways that are both evident and obscure.

We're hearing if you think changes to the mortgage business in recent years have been jarring, you may want to fasten your seatbelt.

The next four markets on the OwnAmerica list are in Texas.

Radian Guaranty said it had more cured loans in August than new notices of delinquency reported during the month.

Altisource Residential Corp. agreed to acquire a $922 million portfolio of nonperforming loans for a purchase price of $537 million.

While 10.7 million residential homeowners nationwide owe at least 25% or more on their mortgages than their properties are worth, another 8.3 million homeowners are either slightly underwater or in positive equity.