Servicing

Moody's Investors Service has downgraded 16 of roughly 130 tranches backed by $2 billion in subprime mortgage loans.

It is becoming increasingly evident that mortgage servicing organizations—from servicers to default servicing law firms and their vendors—will not be viable if they don't evolve.

Like bartenders and psychologists, distressed debt servicers spend the day listening to people’s problems.

The Manor Six Forks apartment complex in Raleigh, owned by WM Six Forks LLC, is being sold at auction after liquidation terms were agreed to with the U.S. Bankruptcy Court.

A former member of the rock band KISS is facing mortgage trouble on his upstate New York home.

Sen. Bob Corker released a statement downplaying an earlier report suggesting the lawmaker is "angling to broker a compromise" with President Obama over the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau.

Community bankers have long harbored concerns about fair lending laws, but the Consumer Financial Protection Bureau's enforcement potential has executives flat-out spooked.

Herman Thordsen has put up a post about the new California foreclosure laws.

Post-closing document management has taken on new importance in the mortgage industry, particularly in light of record foreclosure volume, the robo-signing scandal and subsequent regulations and scrutiny.

Mortgage fraud risk through the end of 2012 is at its highest level in three years.