Servicing

Walter Harrell was indicted for allegedly devising and executing a scheme to defraud creditors who were attempting to lawfully foreclose on several properties by delaying foreclosure sales from happening through the improper use of the federal bankruptcy process.

Even though both CoreLogic and Redwood Trust were profitable in 4Q12, investors on Friday slammed both companies in the first trading session after their earnings were released.

Freddie Mac is temporarily revising its property insurance proceeds disbursement requirements to enable servicers to more quickly release funds to borrowers impacted by Hurricane Sandy.

The top five mortgage lenders say they have offered $45.8 billion in consumer relief to distressed borrowers under the national mortgage settlement.

First South Bancorp is reducing its problem assets through two separate transactions.

United Guaranty Corp. posted a $45 million operating loss for the fourth quarter, compared with a $25 million operation loss one year prior.

ServiceLink has entered into a partnership with Home CORE.

A variety of technology tools can assist mortgage servicers in implementing an effective single point of contact program.

There were just four Mortgage Industry Equity Composite stocks which closed Thursday higher, as the stock market had a second day of bearish reaction to the Federal Open Market Committee notes.

Lender Processing Services has introduced a new enhancement to a lien-related service that helps servicers manage portfolio risk.