Servicing

More existing homeowners who have been paralyzed by falling house prices and job insecurity may finally be in the mood to move up and purchase a new home.

In his new job, Whalen will be executive vice president and managing director for Carrington Investment Services, LLC.

David Durning will take over as president of Prudential Mortgage Capital Co., replacing David Twardock, who is retiring next April.

The Department of Housing and Urban Development is desperately trying to find a quick fix for its reverse mortgage program.

Former IndyMac Bank chief executive Michael Perry has settled claims with the Federal Deposit Insurance Corp.

Borrowers who are current on their mortgage payments and who owe at least 25% more than the value of their properties would be eligible for the program.

The online real estate application allows citizens and businesses the opportunity to download the sheriff’s sales and sold lists of properties available for auction within the county.

While we've made great strides towards recovery, the new year will not come without its own set of challenges, particularly fueled by increased regulation.

The CFPB’s complaints allege that both cases illegally charged upfront fees typically ranging between $1,000 and $4,500 from each distressed homeowner for services that rarely materialized.

Keep Your Home California will provide mortgage payment assistance to out-of-work homeowners regardless of whether federal extension benefits are extended into 2013.