Servicing

In March, DataQuick said 10,215 new and resale houses and condominiums closed escrow in the Miami metropolitan area.

Credit unions and their CUSOs are looking to create new growth opportunities in everything from investments, to some untraditional lending activities and even collections.

JPMorgan and Credit Suisse said New York was relying on recycled claims from private lawsuits.

The Federal Housing Administration multifamily program is slated to shut down in August unless Congress provides HUD with an additional $5 billion loan commitment authority.

When you speak to servicers nowadays, the number one concern many companies are battling right now is complying with new industry regulations.

Although the Dow Jones Industrial Average set an all-time high on Friday, the performance of the Mortgage Industry Equity Composite was more mixed.

A Connecticut attorney involved in a mortgage scam is facing 21 months of imprisonment following his recent sentencing in U.S. District Court.

Bound by law in two different ways, the expectation to comply with the new mortgage servicing rules and investor demands, mortgage servicers still are navigating through the changes.

The Department of Housing and Urban Development is selling more notes under its Distressed Asset Stabilization Program in the second sale of this type this year.