Servicing

While Detroit’s troubles are not new, its Chapter 9 bankruptcy filing is triggering national concern over whether it is a sign of more trouble to come.

Freddie Mac increased the size of its sale of a new type of debt tied to the risk that homeowners will fail to repay their mortgages.

MGIC Investment Corp. finished the second quarter with a net profit of $12.4 million, its first since 2Q10.

The bonds were all previously rated either CCCsf, CCsf, or Csf, which indicates that Fitch expected a default.

Most of us would no doubt agree that personal, face-to-face interaction is the most preferred method of communication.

Prospective apartment renters nationwide are having an easier time meeting their lease obligations and avoiding default in the first quarter.

Home prices rose 0.7% in May following a 0.5% increase in April, according to a house price index based on Fannie Mae and Freddie Mac purchase mortgage transactions.

One affiliate is slated to buy a portfolio of nine shopping centers known as the Phoenix portfolio from Wells Fargo.

There were 13 of 17 members of the Mortgage Industry Equity Composite that closed higher on Monday, even as the Dow stayed flat.

PBI Bank lost a jury verdict that requires the financial institution to pay compensatory damages of $1.5 million and $5.5 million in punitive damages to a real estate developer.