Servicing

Bank of America Merrill Lynch’s financing and equity commitments through community development banking rose significantly through the first half of 2013 than the same time period last year.

Genworth’s U.S. mortgage insurance business recorded a profit for the second quarter in a row, as it earned $13 million in 2Q13.

A comparative TransUnion study revealed that consumers’ credit card payment habits and lending risk mirror attitudes towards mortgages and auto loans.

The Senate Banking Committee approved a bipartisan Federal Housing Administration reform bill on Wednesday.

DataQuick has developed an advanced title analysis tool that enables users to better understand market changes and adjust their business strategies accordingly.

According to DataQuick, 4,739 new and resale houses and condominiums closed escrow in Las Vegas during June.

There was $12.3 billion of primary new insurance written in June, making five months in a row where there has been an increase.

As a result of this scam, the loan funding companies lost nearly $1.3 million.

Richmond, Calif., has offered to purchase home loans from mortgage servicers and trustees and as part of its plan to restructure the underwater loans or potentially seize them through eminent domain.

Most Mortgage Industry Equity Composite members saw lower volume in their stock traded on Tuesday as the market waits for news from the Fed.