Servicing

BOK Financial Corp. reported a higher first-quarter profit due to loan recoveries and higher fee income.

Net income for 1Q13 was $3.9 million, or $0.14 per diluted share, compared to net income of $3.6 million, or $0.16 per diluted share, during the same time period last year.

MGIC Investment Corp. had the biggest percentage among Mortgage Industry Equity Composite stocks on Tuesday, but that is not the whole story regarding its trading on the day.

Lenders still are looking for better ways to encourage borrowers to seek assistance and learn about homeownership.

Old Data is dead, long live New Data.

A bill aimed at speeding up the residential mortgage foreclosure process in Florida made it one step closer to becoming a law.

MGIC Investment Corp. lost $73 million in the first quarter, compared with a loss of $387 million in 4Q12 and $20 million in 1Q12.

As the mortgage industry contemplates its future, it is time to also consult with housing counselors.

The U.S. homeownership rate dropped to 65% in the first quarter, the lowest rate since 1995.

Since the economic downturn mortgage fraud has been a prevalent issue plaguing the housing industry for several years.