Servicing

Among other things, the Department of Housing and Urban Development has imposed a 90-moratorium on foreclosures of FHA-insured loans affected by Hurricane Sandy.

Because of storm damage, lenders will need to have properties re-appraised which means home inspectors will be busy in the New York-New Jersey area and surrounding locales.

More firms are contemplating selling servicing rights -- including the nation's megabanks.

The Federal Housing Administration notes that purchase money loans represented 62% of all government insured forward mortgages originated in fiscal year 2012.

A spokeswoman for Wells Fargo said the refunds were not prompted by any regulatory action -- nor are they related to a federal lawsuit filed early this month by the U.S. Attorney in New York.

Talk of the 'Qualified Mortgage' rule coming out before Thanksgiving may be premature.

Even though more Massachusetts homes were sold in September, median prices slipped back below $300,000, according to data from The Warren Group.

Even though more Massachusetts homes were sold in September, median prices slipped back below $300,000, according to data from The Warren Group.

CoreLogic estimates that nearly 284,000 Mid-Atlantic homes valued at roughly $87 billion are at risk of property damage from Hurricane Sandy based on its projected path.

The Consumer Financial Protection Bureau is slated to issue final rules in January that define a qualified mortgage, establish new standards for servicers, and merge the RESPA and TILA disclosures.