Servicing

Citigroup CEO Vikram Pandit is out as CEO of the nation's fifth large mortgage lender.

The New Orleans Redevelopment Authority has directed the sale of 125 homes and development lots located throughout the city to be auctioned this month.

Mortgage Guaranty Insurance Corp.’s portfolio of delinquent mortgages declined by just over 1,500 loans during September.

No one imagined we would have so much government intervention or that losses and foreclosures would hit such unbelievably high levels.

A.M. Best and Demotech have maintained their stable outlook on title insurance underwriters following their respective examinations of industry data for the second quarter.

Industry veteran Jon Daurio, who’s forming a new nonprime lender, will focus on retail initially and hire 50 to 80 people.

JPMorgan Chase had strong mortgage earnings in the third quarter, but questions remain about its residential business, including a large additional writedown on home equity loans.

Thanks to the revised FHA Streamline program, GNMA issuance increased 11% in fiscal year 2012.

Historically, software integrations between companies has only been available to larger lenders due to the high costs of development and implementing integration solutions.

When subprime lending "comes back" it will be totally different—and out of the past.