Servicing

It is no surprise the State of the Union address already is generating a lot of buzz about the details that will shape the president’s proposals.

Ocwen Financial is selling off parts of a company it recently purchased and another it expects to buy soon.

Federal Housing Administration lenders originated $63.7 billion in FHA single-family loans in the fourth quarter of 2012, up 43% from a year ago.

The LSS platform G/Serv is now formally known as Colonnade, chosen for its “connotation of stability and support.”

The day after investors punished Radian Group for posting a fourth-quarter and full-year 2012 loss, it was the leading gainer by percentage among Mortgage Industry Equity Composite stocks on Tuesday.

RES.NET has upgraded its Agent Portal platform to include mortgage title information and electronic loan closing services.

Lorraine Brown, the former president of mortgage document processor DocX, pleaded guilty to one count of racketeering for her role in authorizing the fraudulent signing of mortgage documents filed in Michigan.

Senate Banking Committee Chairman Tim Johnson unveiled the panel's agenda for the 113th Congress on Tuesday, emphasizing continued oversight of the Dodd-Frank reform law.

Delinquency rates declined for the fourth consecutive quarter to 5.19% in 4Q 2012, down from 5.41% in the third quarter and 6.01% at yearend 2011.

The Treasury Department approved a pilot program to help underwater homeowners in Oregon refinance their mortgage loans.