Servicing

An efficient payments process management is key for lenders and servicers who are constantly looking for better and improved ways to deal with mortgage loan data processing.

The U.S. charged 530 people with targeting homeowners in mortgage schemes that cost the victims more than $1 billion, Attorney General Eric Holder said today.

I’m not going to give out the names of the lenders, vendors and servicers that have won our annual Mortgage Technology Awards after all.

If Joseph Campanelli's job at Flagstar Bancorp was to keep the company alive, Michael Tierney's task is to make it thrive.

HAMP servicers approved 16,500 loan modifications in August, but only 5,070 of those involved principal reductions, according to the latest Home Affordable Modification Program report from the Treasury Department.

Residential shadow inventory continued to shrink in July compared to a year ago, CoreLogic said in its latest data report.

The latest entrant to the (now) lucrative warehouse business is a company called Fortis Capital, which is pitching its services to residential loan brokerage firms that are seeking to transition to mortgage bankers.

Former Kondaur CEO Jon Daurio is out in the market trying to raise money for a new nonconforming lender.

Does anyone else think that Ed DeMarco is the lone voice of reason in Washington when it comes to housing?

Just as the economy has led many Americans to retool, adjust their skills, or seek a new career, the tough times have prompted NCUA to make some role changes as well-including becoming a better landlord.