Servicing

Robert Meachum, a 20-year mortgage industry veteran, is joining Stonegate Mortgage Corp. as executive vice president of servicing.

In collaboration with Citi and the Foundation for Small Business Development Safeguard is offering small business training sessions to minority owned firms.

Residential Capital should get more time to file an exclusive plan to reorganize while the bankrupt mortgage company remains in mediation with creditors.

Wells Fargo has a $1.9 trillion residential mortgage servicing rights portfolio.

The chief executive of U.S. Bancorp told attendees at an investor conference in Boston on Tuesday not to expect anything but organic growth from the company over the next decade.

A residential mortgage law firm and title insurance provider have decided to join forces in order to help lenders and servicers respond to the demand of REO properties flowing into the market.

Commercial and multifamily mortgage delinquencies are down across all investor types for 4Q12 when compared with the third quarter.

DebtX has been selected to sell a $2.9 billion portfolio of nonperforming residential loans for the Department of Housing and Urban Development.

Everyone in the mortgage banking industry is dealing with the effect of the foreclosure crisis which brought about unprecedented regulatory pressures and the need to reinvent the way mortgage servicers do business on a daily basis while planning for the long term.

Early reviews of newly purchased loans show that underwriting deficiencies are on the decline.