Servicing

Lawsuits tied to the Truth in Lending Act are on the decline—but bankers would be wise to delay any celebration.

There were 7 of the 17 Mortgage Industry Equity Composite members that gained on the day even though the overall market sank.

The aim of expanding them is to serve more people and provide customers with more options.

Realty Austin has donated $10,000 to Keep Austin Affordable.

As much as it is a challenge, today subservicing is an opportunity many small-size servicers are rushing to embrace in a marketplace where the role of specialty servicer is being redefined.

Higher regulatory risks that are forcing many U.S. banks to sell their subprime mortgage servicing rights are throwing these assets into the lap of specialty servicing nonbanks.

Bank of America Corp. and Wells Fargo & Co. won’t face an enforcement action by state and federal officials over claims the banks violated a $25 billion mortgage servicing settlement.

President Obama’s climate change initiative is aimed at reducing household energy consumption and may impact underwriting standards on mortgages.

There was $12 billion in primary new insurance written in May by the members of the Mortgage Insurance Cos. of America, up from $11.4 billion in April and $8.5 billion in May 2012.