Servicing

Lender Processing Services had net earnings of $19.1 million for the second quarter, compared with a net loss of $37.9 million one year prior.

The judges have selected the finalists for the 14th Annual Mortgage Technology Awards. Watch to see who will contend for this year's awards.

New data by the Mortgage Bankers Association show that the serious delinquency rate on FHA-insured single-family loans fell to 7.57% in the second quarter.

Fitch in its latest monthly index recorded the largest drop in commercial mortgage-backed securities delinquencies since the end of the recession.

Mortgage Industry Advisory Corp. as exclusive representative of an unnamed West Coast mortgage company is offering for sale another package of mortgage servicing rights.

Comparative data on servicers of securitized residential mortgage loans show RMBS investors are likely to shoulder higher carrying costs due to long and lengthening completed foreclosure timelines.

Eminent domain is a bad idea. Let’s put this as clearly as possible: cities, counties, don’t do it.

The federal government’s 2009 Home Affordable Modification Program requires the bank to offer permanent adjustments to homeowners who met the terms of a trial-period modification.

PNC Financial Services Group got a U.S. subpoena tied to foreclosure expenses on federally backed home loans and said two agencies are investigating whether its mortgages were unfairly priced.

Walker & Dunlop earned $14.5 million for 2Q13, up from $9.3 million one year prior, as loan originations practically doubled to $2.6 billion from $1.3 billion over the same frame.