Servicing

Lawyers are paid to give advice to their mortgage banking clients, but when it comes to residential finance and the Consumer Financial Protection Bureau they're actually advising firms to limit contact with their attorneys.

The mortgage banking division of JPMorgan Chase posted net earnings of $563 million in the third quarter as originations rose to $47 billion.

Examiners are looking for loan officer email addresses on documents.

Alleviating liability and loss in the REO process is one of the crucial components of successful property management.

Congress should consider placing a limit on the size of the largest banks to put an end to the "too big to fail" problem.

Creditors seeking money from Residential Capital Corp. have until Nov. 9 to submit a claim to the bankruptcy court.

Industry veteran Jon Daurio is itching to get back in the residential finance business. He is not alone.

Mortgage rates remained relatively stable for the week ending Oct. 11, but were up slightly from the all-time lows reached last week.

Bank of America Corp. chief executive officer Brian Moynihan will press on with a plan to cut more than 30,000 jobs as revenue stays flat.

In yet another sign of positive news for the housing market, foreclosure activity fell to a five-year low in September.